Special offer

Market Report - Houses for Sale in Riverside CA - Jan. 2011

By
Real Estate Agent with Pedersen Real Estate 01435175

Houses for Sale in Riverside CA - January 2011

Here is information about houses for sale in Riverside CA. The number of houses for sale and in escrow shown here are as of February 15, 2011.  These statistics do not include condos.  The number of houses currently for sale has gone up in five of the eight Riverside CA zip codes and almost all zip codes have experienced an increase in the number of pendings/backup status houses over December. One area that doesn't look good, especially if it continues, is the decrease in all but one zip code in the number of houses that sold (closed) in January versus December and November.    

92501 Jan Dec Nov 
# of houses for sale 93 109 83

# of houses in escrow or taking back-up offers

58 44 65
# of sold houses 17 24 26
Average list price  $167,871 $164,241 $178,641
Average sold price  $159,340 $166,675 $176,500
92503 Jan Dec Nov
# of houses for sale 313 333 288
# of houses in escrow or taking back-up offers 194 178 225
# of sold houses 61 86 73
Average list price $207,581 $234,798 $211,368
Average sold price $207,406 $233,340 $208,916
92504 Jan Dec Nov
# of houses for sale 219 176 184
# of houses in escrow or taking back-up offers 128 130 155
# of sold houses 41 63 49
Average list price  $207,992 $212,304 $215,159
Average sold price $204,889 $207,554 $212,591
92505 Jan Dec Nov
# of houses for sale 127 110 100
# of houses in escrow or taking back-up offers 76 74 99
# of sold houses 21 45 21
Average list price  $196,745 $221,188 $220,893
Average sold price  $194,136 $221,079 $218,275
92506 Jan Dec Nov
# of houses for sale 194 175 190
# of houses in escrow or taking back-up offers 100 92 86
#of sold houses 46 42 36
Average list price $254,442 $236,252 $304,362
Average sold price  $240,975 $231,376 $296,528
92507 Jan  Dec Nov
# of houses for sale 88 99 102
# of houses in escrow or taking back-up offers 68 55 59
# of sold houses 21 34 23
Average list price  $158,471 $179,318 $204,161
Average sold price $156,538 $179,471 $203,226
92508 Jan Dec Nov
# of houses for sale 142 137 143
# of houses in escrow or taking back-up offers 93 83 102
# of sold houses 25 42 34
Average list price  $294,996 $281,714 $294,971
Average sold price  $293,048 $279,891  $285,527
92509 Jan Dec Nov
# of houses for sale 200 192 188
# of houses in escrow or taking back-up offers 143 138 170
# of sold houses 52 91 61
Average list price $182,770 $186,770 $184,144
Average sold price  $180,771 $187,015 $188,102

 (Information is from the MRMLS. It is deemed reliable but not guaranteed.)

There were 284 single family houses that sold in Riverside in January  compared to 427 in December, which is more than  a 33% decrease.  The average price of the houses that sold in January was $204,638 which is lower than the average for December of $212,830.   

2010 Totals for Riverside CA - houses for sale and houses that sold

Let me know if you are interested in receiving listings for Riverside CA homes for sale or if you are thinking of selling your Riverside CA home. Visit my website, Riverside4Homes.com

                       

Written and posted by: Vicki Pedersen, ABR, Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715, Phone: 951-840-5212 
Copyright © 2011 by Vicki Pedersen, All Rights Reserved.*Houses for Sale in Riverside CA - Market Report January 2011*

Posted by

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

www.Riverside4Homes.com