Lake Hills Reserve June Real Estate

By
Real Estate Agent with KB Home Bre # 01424127

Lake Hills Reserve Riverside June Real Estate slope, house, trees, LHR sign

We are half way through 2012, a year that is witnessing interesting changes in the real estate landscape. The big news in the Lake Hills Reserve is new construction! Wait until you see the numbers.

Located in a beautiful hill top community Lake Hills Reserve consists of new and newer homes. The 750 acre masterplanned reserve is set among the rolling hills of west Riverside bordering on the city of Corona. Boasting a new elementary school, community pool and several parks the community combines a rural type living (expansive lots) with easy access to Orange County and the Inland Empire.

Active Listings: 10 (7 Standard Sales - 3 New Construction -, 5 Short Sales)

Pending Sales: 8 (4 Standard Sales, 4 Short Sales)

Closed Sales: 10 (9 Standard Sales, 1 Short Sale)

What does this mean for you?

The market has changed dramatically in a few short months. As we hit the half year point standard sales have increased. Sellers with equity are putting their homes on the market. New construction is on fire; of the ten closed transactions six were new construction. This is great news for homeowners as the average price has increased $407,000 with an average price per square feet of $132 for homes in theLake Hills Reserve. (January's avg. price per sq.ft was $115.) This number is important as it provides a base for calculating the value of your home. However views, size of lots, amount of upgrades will also impact the value of your home. single story house with tree and yard

The big news in Lake Hills Reserve home sales is the increased sales in new construction at Cielo by Richmond American Homes. More buyers are seeking standard sales after becoming frustrated with short sales or bank owned sales. 

rolling hills, blue sky, bushes, shrubHomeowners interested in selling their Lake Hills Reserve homes require an experienced agent who has studied the real estate trends. My monthly Lake Hills Reserve Riverside Real Estate Report contains up-to-date information for buyers and sellers.

Buyers interested in purchasing a Lake Hills Reserve homes should utilize the services of an agent familiar with the area, homes and trends in order to be successful in obtaining the best deal.

Call me if you have questions or need assistance. Let my expertise work for you!

Posted by

 

If you are considering  buying or selling new construction in the Inland Empire ~ Give me call or email me 

Cause We Like Em' New!

 

Kristal Wilson                                           

cell: 951- 288-7079

Shoot for the moon & if you miss you'll be among the stars

 

 

Comments (3)

Linda K. Mayer
License # 01767321 - La Verne, CA
Realtor, SRES, SoCAL, A REALTOR YOU CAN TRUST

Kristal, It's good to see you back!

Jun 09, 2012 06:16 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Kristal - Excellent real estate market report for the Lake Hills Reserve.  Loved the photos!

Jun 09, 2012 06:21 AM
Kristal Wilson
KB Home - Fontana, CA
Cause We Like 'Em New ~ New Home Specialist!

Hi Linda, thanks for the welcome back!

Laura ~ It's a beautiful community!

Jun 09, 2012 07:42 AM