Is it a good time to sell land in Riverside County?

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Real Estate Broker/Owner with CELLing Realty CalBRE #01445865

I get asked this question a lot from sellers of land in the Whitewater area of Riverside County, CA.  A couple years ago I told all the people that contacted me how much the value of their land lots had gone down, and if they didn't need to sell to hold off.

Land for Sale in Whitewater, CA Photo by Kathy McGraw

 

 

 

 

 


 


That was in 2008-2010. Now here we are in 2011 and people are again asking me if it's a good time to sell their land. My answer before was if you didn't have to sell, then I would suggest waiting. My answer now is things are getting better and people are again looking at land. Not like they were in 2004-2006, and not at the same inflated prices, but people are looking. So, if it was my land I would go ahead and list it, but at today's prices. Forget what I told you a few years ago, that time has passed.

 

 

Kathy McGraw- Broker CELLing Realty (951) 849-7249

 

 

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Rainmaker
552,472
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hi Kathy,

Glad to see you're having more interest in raw land. The person I referred you to a few years ago may be ready himself. I'll give him a call.

Feb 28, 2011 01:22 PM #1
Rainmaker
262,083
Mara Hawks
First Realty Auburn - Auburn, AL
Inactive-2012 REALTOR - Homes for Sale Auburn Real Estate, AL

Hi Cathy, I didn't think there was much undeveloped left in SoCal. Your useful and humorous suggestions are excellent. Anyone looking for land in Riverside County should call you first!

Feb 28, 2011 01:39 PM #2
Rainmaker
299,243
Kathy McGraw
CELLing Realty - White Water, CA
Riverside County CA Real Estate

Hi Linda.....yes, I just listed 2 lots that the sellers had decided not to sell then.  Now they are selling them, and one of the lots I actually had a buyer interested in several months ago.  Not selling like hotcakes, but there are buyers :)

Mara- We have a lot of undeveloped land in my area....the picture here shows the Whitewater community and there are a lot of lots available :)  Then in the surrounding areas there is a lot of land...I have 10 acres listed just a few miles outside of Palm Springs that is zoned multi-use.

Feb 28, 2011 01:40 PM #3
Rainmaker
192,303
Janice Sutton
1st Stage Property Transformations - Murrieta, CA
Home Stager - Temecula Murrieta

Great positive update about So Cal land! I agree that times have changed and now is the time to sell cause there are plenty buying! :)

Mar 01, 2011 01:02 PM #4
Ambassador
1,091,584
Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE

When they adopt a road...is it named after them?  (The picture).... Sounds like things may be picking up over there?

Mar 14, 2011 05:36 AM #5
Rainmaker
299,243
Kathy McGraw
CELLing Realty - White Water, CA
Riverside County CA Real Estate

Janice- I saw your staged home over in Beaumont, and that is a good indicator also of people buying :)

Sallly- yes, you can fill out some paperwork and if the road you want to adopt is available your name will go on the sign :)  I was going to do it for this area, but the Neighborhood Watch people beat me to it :)

Mar 14, 2011 07:56 AM #6
Rainer
154,520
James A. Browning
Browning Real Estate School/REO Institute - International, IT
MRE REOCertified(R) SSCertified

Thank you for sharing your blog; we need Real estate Professionals to share their comments and information regarding their markets and experiences. Thanks again from beautiful Colorado; Spring is here in the Rocky Mountains

Apr 11, 2012 12:56 AM #7
Rainmaker
1,505,323
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • Green • GRI • HAFA • PSC Calabasas CA

Hi Kathy,

Just wanted to check on you since you do not blog here any longer. Are you still in RE?

Nov 21, 2017 12:57 AM #8
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Rainmaker
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Kathy McGraw

Riverside County CA Real Estate
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