On January 19, 2017, California Association of Realtors (C.A.R) reported that homes values increased 2.1% at an average price of $360,000 in December of 2016 from $352,500 in November 2016, and gained 5.6% from price of $341,000 in December of 2015. While, homes sales rose 4.1% in December of 2016 from November of 2016, and jumped 5.5% from December of 2015 in Riverside County, California.
There were 3.8 months supplies of available inventory of homes in December of 2016, down from 4.3 months in November of 2016, and dropped from 4.4 months in December of 2015. An average it took 47.2 days to sell a home in December 2016, up from 45.9 days in November of 2016, but fell from 61.0 days in December of 2015 in Riverside County, California.
For complete more detailed information about the California Association of Realtors’ in December of 2016 in Riverside County, California homes sales and value report, please CLICK HERE
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