Orangecrest Riverside Real Estate Update - June 2012

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Real Estate Agent with KB Home Bre # 01424127

Orangecrest Riverside Real Estate Update - June 2012

We are half way through the year and witnessing interesting changes in the real estate landscape! Big news here...Orangecrest is hot! Multiple offers, bidding wars and a low inventory.

Orangecrest Riverside is a masterplanned community with homes built from the 1980's forward. New construction continues building in the area. A typical tract community the homes are often personalized through creative landscaping, hardscaping and outdoor entertainment areas. The area park hosts the junior league baseball team and a community center houses meeting rooms and a library.The widely recognized school district has been the recipient of several awards and statewide recognition.

Active Listings: 12 (4 Short Sales, 4 Standard Sales, 4 REO's)Orangecrest sign with trees, blue sky

Pending Sales: 31 (20 Short Sales) 

Closed Sales: 45 (11 Standard Sales, 17 Short Sales, 17 REO's)

Average price per square foot - $118  Average Days on the Market - 89

What does this mean for you?

Orangecrest Riverside real estate has been very aggressive since the spring selling season began. The number of buyers searching for homes in this community has increased while the inventory is decreasing. 

Orangecrest Riverside Home Sellers staging is critical. Homes that are well staged, de-personalized, de-cluttered and clean are the homes generating multiple offers. To garner the highest prices show your home well. Curb appeal - from the lawn, a pop of color think of Model homes, to the front door are items buyers consider in the first glance.

playful park sign, blue skyOrangecrest Riverside Buyers be prepared from your very first viewing. This is a competitive community and contrary to other neighborhoods this has become a sellers market, especially if you are looking for a home with upgrades. I recommend walking in the door with your loan approval already in place, you don't want to miss out on your dream home because you were not prepared. A "clean offer" is a term meaning the buyer is not requesting concessions from the seller. Ask your agent about this, it maybe a term you should know.

This monthly Orangecrest Riverside Real Estate Update is provided for buyers and sellers with an on the ground analysis of current trends.   

If you have questions or need my assistance call me!

Let my expertise help you.

Orangecrest - families, palm trees and orange groves!

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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 (1)

Lorrie Semler, REALTOR® in the Dallas area. Call/text 972-416-3417
United Real Estate - Addison, TX
Real Service. Real Results. Real Estate

Looks like a seller's market to me!  Not many active listings, lots of pending sales and a TON of closed sales!

Jun 11, 2012 10:03 AM