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Riverside CA Houses for Sale -March 2010

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Real Estate Agent with Pedersen Real Estate 01435175

Riverside CA Houses for Sale - Market Report 

Here is what's happening in the real estate market for Riverside CA Houses for sale.  Its the middle of March 2010 and house sales are strong in Riverside CA. As of today, August 14, 2009 there are 1,119 houses and condos houses listed for sale on the multiple listing service.  Here is a breakdown of sales activity in the different price ranges.  

Riverside CA Houses  Active Pending/
In Escrow
Sold in the
Last 45 Days
up to $150,000 280 371 149
$150,001-$250,000 410 569 230
$250,001-$350,000 202 195 92
$350,001-$450,000 89 54 27
$450,001-$600,000 70 39  17
$600,001 + 68 13 6

As far as luxury homes for sale in Riverside CA, there are currently 26 active listings priced at $1,000,000 or above.  There are three houses in that price range in escrow and only one house has closed in the past 45 days and that one sold for $1,850,000.


The inventory of houses for sale is not nearly as high as it was a year or more ago - which is good for sellers but makes it more difficult for buyers to get offers accepted.  But with the low prices of houses and the continued low interest rates, it is still a terrific time to buy a home for those who can afford it.  Click here to read my post about how the number of houses for sale has declined significantly in the last 14 months. 

Info about Riverside CA short sales and foreclosures.

Call me if you are thinking of buying or selling a house or if you have any questions about the Riverside CA real estate market. My number is 951-840-5212 or contact me by e-mail at  vicki@pedersen-team.com  or  go to my website,  Pedersen-Team.com  

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Written and posted by: Vicki Pedersen, ABR, Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715

Copyright © 2010 by Vicki Pedersen, All Rights Reserved.*Riverside CA Houses for Sale-March 2010*

Posted by

Vicki Pedersen 
Pedersen Real Estate
951-840-5212
vicki.pedersen@gmail.com
DRE#01435175

www.Riverside4Homes.com