ca: Riverside, CA - August 2010 Real Estate Market Conditions
- 08/26/10 09:02 AM
Prices in Riverside, California are moving up at an average rate of $52.50 per day; however, in the last 3-month period vs. the same 3-months from 2009 23% fewer homes sold, but current prices are higher per square foot than last year. The biggest change in 1-year is the shift from mostly REO sales to more of a balance between REO, standard and short sales. REO sales continue to sell the fastest and the Standard sales pull the highest prices. … (0 comments)
ca: Moreno Valley, California Real Estate Market Conditions: August 2010
- 08/26/10 03:54 AM
As of 8/24/2010 Moreno Valley home prices are going up only $20 per day based on the median prices for the most recent 3-month period vs. the prior 3-month period, based on house size comparisons. The difference in sales prices ranges from $62 to $66 per square foot. There has been about a 32% drop in the number of homes sold in the current 3-month period vs. the same 3-month period from 1-year ago. Home prices year over year are up; but now most of the listings are short sales, although most of the sales were the REOs. Average days … (0 comments)
ca: Murrieta, CA listing and pending sales - just the numbers August 2010
- 08/23/10 07:03 AM
In Murrieta, California the number of homes for sale has been increasing and the number of pending sales declining - with a current 4-months of standing inventory as of August 23, 2010. Compaired to 1-year ago (8/19/2009) where the months of inventory was about 2-months. In contrast in May (5/25/2010) there was about 3 months of inventory.
Per MLS the lowest current list price is: $131,000 for a 935sq' home on a standard residential sized lot. The highest current listing is at $4,400,000 for a 10,784 square foot home on 4 and 1/2 acres.
ca: Moreno Valley, CA Rental Data for the first 7 months of 2010
- 08/03/10 07:17 AM
Data for the first 7 months of 2010: $ per Square Foot is based on the average size of homes sold and the GRM is derived from the Average sales Price divided by the Median Rent - between 1/1/2010 and 8/2/2010. Data is from MLS. Generally a 1100 square foot home would be expected (on average) to generate a monthly rent of about $100 per square foot, while a 2900 square foot home will only generate a monthly rent of about $62 per square foot. To determine an indication of a rental properties value would be to multiple the GRM … (0 comments)
Appraiser Adjustment Matrix;)
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