Orangecrest Riverside Real November/December 2012

By
Real Estate Agent with KB Home Bre # 01424127

Orangecrest Riverside Real EstateOrangecrest sign with trees, blue sky

Update -  November/December 2012

Traditionally the holiday season results in a slow down of real estate activity. Not true in the Orangecrest Riverside neighborhood. More transactions are in escrow, more homes closed and more listings for sale. More is the word for Orangecrest.

Orangecrest Riverside Real Estate  provides information on a masterplanned community with homes built from the 1980's forward. Orangecrest is a tract community dotted with parks, shopping and newer schools. The Orangecrest Park is host to the junior league baseball team, soccer games and a community center which houses meeting rooms and a library.The widely recognized school district has been the recipient of several awards and statewide recognition, from the elementary schools through the Martin Luther King High School.

Active Listings: 14 (7 Standard Sales, 4 Short Sales, 3 Bank Owned)

Pending Sales: 75 (Continues to be a large number as short sale transactions are in this group)  

Closed Sales: 34 (17 Standard Sales, 12 Short Sales, 5 REO's)

Average sales price - $307,000 (an increase over last month) Average price per square foot - $118  Average Days on the Market - 47 

What does this mean for you?park, ballpark, houses, mountains

The number of homes in escrow, claiming a pending or back-up status, doubled during the months of November and December. More transactions, more buyers and more sellers! Prices continue to increase as closed homes ranged from $205,000 - $405,000. In comparison the active listings range from $260,000 - $499,000.

Buyers seeking a home in Orangecrest Riverside are able to select from new construction homes found at Mission Grove built by Standard Pacific Homes, standard resale homes and distressed sales.

Sellers may consider listing their homes early in the year as they will have less competition. By utilizing a few staging recommendations to enhance the curb appeal and a well maintained interior, sellers should receive solid offers for the purchase of their home. 

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!

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 (2)

Kathy Stoltman
Balboa Real Estate - Ventura, CA
Ventura County Real Estate Consultant 805-746-1793

Hi Kristal, It is welcoming news to hear all the real estate activity in Orangecrest. Wishing you a great 2013

Dec 30, 2012 09:25 AM
Kristal Wilson
KB Home - Fontana, CA
Cause We Like 'Em New ~ New Home Specialist!
Kathy~ I'm predicting a huge surge in real estate for the Inland Empire! Happy 2013!
Jan 05, 2013 02:07 AM