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OrangeCrest, Riverside, CA Real Estate Update

By
Real Estate Agent with Trademark Realtors

July 9, 2007

There are currently 204 homes for sale in OrangeCrest and 26 homes pending sale.  Based on current inventory and projected sales for 2007 (194 homes), there is a 12.62 month supply of homes on the market.

For the current year to date, 109 homes have sold in OrangeCrest and 126 homes sold in the same period last year.  That's a 15% decrease in sales.

Average sales price for 1/1/07 through 6/30/07:  $503,571

Average sales price for 1/1/06 through 6/30/06:  $565,560

That's an 11% decrease in the sales price for this area.

For more information about OrangeCrest, please contact: Larry and Michelle Ewing, www.ewingforhomes.com

*information obtained from Inland Regional Multiple Listing Service