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Riverside, CA June 2007 Homes for Sale Market Report

By Doug Beaver

Real Estate Agent with Century 21 Olde Tyme BRE # 01405647

August 07, 2007 07:18 AM

June 2007 Comparison to June 2006

June Comps Sales Trend

2007 2006

189 373 -49.3%

June Average Price Average Price Trend

2007 2006

$442,553 $456,035 -3.0%

Closed Residential Resale Transactions As Reported By Dataquick Information Services.

Information from the County of Riverside Monthly Resale Report provided bt Fidelity National Title Company

County of Riverside Monthly Totals:

June Comps Sales Trend

2007 2006

1583 2662 -40.5%

June Avg. Price Avg. Price Trend

2007 2006

$411,858 $437,534 -5.9%

By: Doug Beaver Corona, Norco, Riverside Homes for sale Real Estate Realtor

http://www.coronariverside.com/

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Eric Olson

Sky Realty - Austin, TX

Thanks for the stats. Looks like the market is on a downward slope.

Aug 07, 2007 07:28 AM

Doug Beaver

Century 21 Olde Tyme - Corona, CA

Corona Norco Eastvale Riverside Homes

Eric, Yep I have been preparing people for a while. When you look at some isolated area's of Riverside county prices have dropped over 30%. Definately the market is correcting itself. Thanks for the Post....

Aug 07, 2007 12:31 PM

Marlene Bridges

Village Real Estate Services, Inc. - Laguna Hills, CA

Laguna Homes|Laguna Condos|Laguna Real Estate

The numbers aren't pretty, but the postive is that homes are still selling when people price them realistically and people are still buying.

Aug 07, 2007 04:07 PM

Marlene, On another Blog someone asked "When will this market change ?" and the answer was "When gasoline is $2.50 per gallon" by another blogger. Well at an Arco around the corner from me gas is down to $2.70 So I guess it could happen. Yes if the sellers would just get the message that the market has changed and i they wanted top dollar they should have sold over a year ago ( when they where waiting to see where the market would go ) For now the market is adjusting.... Thanks for the Post.

Aug 08, 2007 06:29 AM

Riverside, CA June 2007 Homes for Sale Market Report

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