Eastvale CA - September 2015 Market Report
Currently, there are 202 ACTIVE listings in Eastvale CA
For the month of September, Eastvale CA had:
38 PENDING sales
31 BACKUP offers
56 CLOSED sales
24 EXPIRED listings
About Eastvale CA:
This is a commuter town in the western part of Riverside County that borders San Diego county to the south, Orange County and Los Angeles counties to the west, San Bernardino county to the north. Eastvale CA currently has a population of 60,633. It incorporated in October 1st, 2010. This town is known mostly for its affordable housing, spacious homes, acclaimed Corona/Norco school district, parks, community family organizations, and central location to all surrounding counties. Eastvale continues to grow by bringing new businesses to the area such as soon to open, Panera Bread. On September 2nd, Blaze Fast-Fire'd Pizza had its grand opening. This 2600 sqft establishment is bound to be Eastvale CA's newest gathering place for folks who love pizza.
There are many other reasons why buyers look to move toward our beautiful city. One of the reasons is our EGG ( Eastvale Garden Group).
Active Listings for the month of September:
What this means is that the average list price is $518k with an average of 62 days on the market. If you are thinking of selling your Eastvale home and want to move by the Holidays, this is the time to list your property. Contact the Eastvale Team Realty for a FREE no obligation market analysis.
Sold listings for the month of September:
From the closed sales data above, one can see that it took only about 2 months to sell a property during the month of September. Average sold square footage was $175. The most expensive property sold during the month of September was for the property located at 8549 Kendra Ln, Eastvale 92880. This was one of the 32 most searched for homes located in Eastvale CA.
As you can see most of the lots are close to half an acre. Half of the homes on this street have a view of the Santa Ana river. These homes were built by Lennar during 2006-2007. No expense was spared on these luxury homes.
Expired listings for the month of September:
The desirability for housing is still high in Eastvale CA. Why then, did we have 24 expired listings? One reason is that the average expired asking price was much higher than the average sold price. This is a strong indication that the homes were overpriced. Another reason is that buyers are looking to purchase ready to move into homes, or turnkey homes that have upgrades.
If you have a home that needs TLC, contact the Eastvale Team so we can discuss options on how to best market your home, including a 203K loan program.
Mortgage rates if you were to lock in today.
If you were to purchase a home for $500k with
20% down payment = $98k
with an interest at 4.0%
Your monthly principal and interest would be at $1,871.47
plus...average 1.8% taxes = $735/month
and homeowners insurance about $100/month
For a monthly PITI of about $2,706
If you are looking to purchase a home in Eastvale CA, contact the Eastvale Team Realty at 951-707-9919 before interest rates increase in December. If you are an investor, contact us for a list of soon to become available properties in our city.
Eastvale CA - September 2015 Market Report
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