Sales Price vs. List Price Show a More Typical Market

By
Real Estate Agent with Keller Williams Realty 01702953

Just thought I'd share some information about the local market.  I was perusing the list price vs. sale price numbers in my local city of Riverside and I think it shows a telling story.  I recall back between 2012 and 2013 that homes were selling in 4 to 5 days after being placed on the market.  Multiple offers were the norm and the sales price typically landed several thousand over the original listed price.  But that began to change as price increases slowed in 2014 and have continued to do so into the 1st quarter of 2015.

Check out the information below that shows the year-over-year difference between the monthly average sales price vs. listed price.  I think the information shows that the market has slowed to a more stabilized type of market.

Ray Wright Year over Year Figures

Posted by

Ray Wright - Inland Empire Realtor

Are you a seller interested in knowing the value of your home? CLICK HERE FOR YOUR HOMES VALUE

Are you a buyer looking for a home? CLICK HERE TO SEARCH ALL AVAILABLE HOMES

CLICK HERE TO READ WHAT OTHERS HAVE SAID ABOUT MY SERVICES!

Ray Wright - Certified Preforeclosure Specialist

Foreclosure Prevention Help!

By the way, if you or someone you know is at risk of losing a home to foreclosure, please know that there are options available to avoid this devastating circumstance. And know that there is someone here you can trust to help. As a Certified Pre-Foreclosure Specialist & a H.E.L.P. Certified Specialist, I understand the "ins-and-outs" of Short Sales and Loan Modifications. I am also a Wachovia and World Bank trained Pre-Foreclosure expert and well educated in the Government’s H.A.F.A. and H.A.M.P. programs for helping homeowners facing foreclosure.  Contact me NOW!  951-312-3133 or email: Rayt@WrightTeamRealty.com

CLICK HERE TO AVOID FORECLOSURE

Ray Wright - Realtor

Ray Wright

Wright Team Realty

Direct: 951-312-3133

Email: Ray@WrightTeamRealty.com

Find me at:  www.RayWrightSellsHomes.com

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Riverside County Riverside
Groups:
Realtors®
Keller Williams 'Rainers
Tags:
homes for sale
home for sale
riverside
real estate
riverside homes for sale
riverside real estate
riverside real estate homes for sale
ray wright realtor
ray wright inland empire realtor

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
2,352,661
Liz and Bill Spear
RE/MAX Elite 513.520.5305 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Ray, Looks like the sellers are trying for top dollar and then realizing they need to ease off a bit to get a SOLD sign in the yard.

Apr 19, 2015 01:59 AM #1
Rainmaker
3,226,682
Joan Cox
Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Ray, nice comparisons to show any prospective buyers what is currently happening in Riverside! 

Apr 27, 2015 12:36 AM #2
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
155,272

Ray Wright

- Inland Empire Realtor
Have a Question or Need Help? Ask Me NOW!
*
*
*
*
Spam prevention

Additional Information