No matter what the market, people will continue to desire to live in Riverside, as it remains one of the most active cities within Riverside County. Comparatively speaking, the Riverside housing market continues to post brisk sales.
In of June 2008, 526 single family homes and a total of 19 condos/townhomes sold, up 315 from last month. Sales sure took a jump upward. Click Here to view the Riverside County market report.
Closed Sales for June 2008: Up 162 from last month
329 Single Family Homes
18 Condos/Townhomes
Pending Sales for June 2008: Up 50 from last month
845 Single Family Homes
26 Condos/Townhomes
Current Actives as of Today's Post: Down 180 from last month
2386 Single Family Homes
143 Condos/Townhomes
Foreclosure Activity for June 2008
92501 - 47 Notice of Defaults (NOD) The same as last month
92501 - 37 Notice of Foreclosure Sale (NOS) Up 2 from last month
92503 - 153 Notice of Defaults (NOD) Down 37 from last month
92503 - 181 Notice of Foreclosure Sale (NOS) Up 26 from last month
92504 - 99 Notice of Defaults (NOD) Up 11 from last month
92504 - 86 Notice of Foreclosure Sale (NOS) Up 18 from last month
92505 - 90 Notice of Defaults (NOD) Up 3 from last month
92505 - 76 Notice of Foreclosure Sale (NOS) Up 2 from last month
92506 - 63 Notice of Defaults (NOD) Down 4 from last month
92506 - 47 Notice of Foreclosure Sale (NOS) Down 6 from last month
92507 - 63 Notice of Defaults (NOD) Up 2 from last month
92507 - 42 Notice of Foreclosure Sale (NOS) Down 8 from last month
92508 - 74 Notice of Defaults (NOD) Down 9 from last month
92508 - 60 Notice of Foreclosure Sale (NOS) Up 12 from last month
92509 - 141 Notice of Defaults (NOD) Up 8 from last month
92509 - 127 Notice of Foreclosure Sale (NOS) Up 4 from last month
Price Per Square Foot
Looking at the price per square foot helps us understand the value placed on homes in a real estate market. Median Price per Sqft. as of July 27, 2008 for Riverside is $179, down $11 from last month.
It's important to stay in tune with the changes in the market. Call Empire Realty for your next personal real estate consultation at (909) 579-6611, or visit us on the web at Empire Realty.
For information on purchasing your next home in Riverside or anywhere in the Inland Empire call Empire Realty at 909-579-6611 or visit us on the web at Empire Realty.
Empire Realty is your one stop shop for information and Full Service at a Discount.
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