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Riverside CA Market Report - Dec 2009

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Real Estate Agent with Pedersen Real Estate 01435175

Riverside CA Market Report - Dec 2009

Here is a look at what is happening in Riverside CA in residential real estate during the last three months.  The number of houses currently for sale and in escrow is as of January 9, 2010. Half of the Riverside zip codes sale prices were above the previous month and half were below.  There appears to still be a pressure on prices from the bank-owned houses in spite of the high demand for houses.  The number of houses currently in escrow went down down significantly.  I believe that is due to the holidays and the fact that not as many people were looking during that time. 

The average price for houses that sold in Riverside during December went down to $216,265 from November's $224,587.  The  average square feet of the sold houses was 1810.

92501 Dec 2009 Nov 2009 Oct 2009
Number of houses for sale 61 58 57
Number of houses in escrow 44 61 51
Number of sold houses 26 17 26
Average list price of solds  $180,313 $159,010 $141,977
Average sold price of houses $182,482 $159,571 $140,395

 

92503 Dec 2009 Nov 2009 Oct 2009
Number of houses for sale 231 223 210
Number of houses in escrow 158 222 264
Number of sold houses 101 79 104
Average list price of solds $211,336 $267,985 $205,270
Average sold price of houses $215,573 $266,218 $210,037


92504 Dec 2009 Nov 2009  Oct 2009
Number of houses for sale 150
143 120
Number of houses in escrow 95 149 172
Number of sold houses 65 51 54
Average list price of solds $192,669 $192,825 $197,364
Average sold price of houses $199,746 $198,801 $197,507


92505 Dec 2009 Nov 2009 Oct 2009
Number of houses for sale 62 64 68
Number of houses in escrow 90 115 108
Number of sold houses 44 32 43
Average list price of sold houses $194,443 $197,873 $164,581
Average sold price of houses $194,584 $203,365 $168,407


92506 Dec 2009 Nov 2009 Oct 2009
Number of houses for sale 135 118 142
Number of houses in escrow 64 142 123
Number of sold houses 50 35 52
Average list price of solds  $318,464 $302,812 $325,597
Average sold price of houses $315,251 $299,347 $309,121


92507 Dec 2009 Nov 2009 Oct 2009
Number of houses for sale 77 76 74
Number of houses in escrow 45 79 61
Number of sold houses 38 14 31
Average list price of sold houses $176,031 $211,979 $174,575
Average sold price of houses $173,220 $206,817 $172,526


92508 Dec 2009 Nov 2009 Oct 2009
Number of houses for sale 86 81 92
Number of houses in escrow 71 111 105
Number of sold houses 47 29 36
Average list price of sold houses $280,026 $295,473 $280,592
Average sold price of houses $280,943 $301,777 $278,125


92509 Dec 2009 Nov 2009 Oct 2009
Number of houses for sale 182 158 146
Number of houses in escrow 135 203 197
Number of sold houses 77 54 80
Average list price of sold houses $169,713 $156,678 $168,724
Average sold price of houses $173,796 $160,769 $169,036

You can also read my post about real estate activity in Corona for the same time period.  Check out my post about the 2009 levels of houses for sale in Riverside.

If you would like to learn more about selling or buying real estate in Riverside or Corona, California,  contact me at  vicki@pedersen-team.com  or  go to my website,  http://Pedersen-Team.com  

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Written and posted by: Vicki Pedersen, ABR, Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715, Phone: 951-840-5212   

Posted by

Vicki Pedersen 
Pedersen Real Estate
951-840-5212
vicki.pedersen@gmail.com
DRE#01435175

www.Riverside4Homes.com

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