Moreno Valley Market Report 92555
There are signs everywhere . . .
Signs that the Moreno Valley 92555 Real Estate Market is recovering.
There are more and more Moreno Valley homes in the 92555 zip code
being listed with equity than as Short Sales.
How’s the Real Estate Market in your neighborhood?
Moreno Valley Market Report 92555
Moreno Valley Home Sales and prices continue to improve. Unemployment continues to decline and interest rates have remained relatively low.
Moreno Valley is a very diverse community with 3 very popular zip codes. The data in this post is consolidated from multiple sources and includes current listings and recent sales in the Moreno Valley 92555 zip code.
The median home value in Moreno Valley 92555 was $305,800 for the week ending Sept 30. The median home value has increased approximately 5.2% over the past year in Moreno Valley 92555. The median list price in Moreno Valley 92555 is currently $341,880. The median days on market in Moreno Valley 92555 is currently 52. Distressed listings (Short Sales and Foreclosures) are currently just below 14%. It is important to note that Distressed properties are playing a reduced role in the Moreno Valley housing market in 2015.
Moreno Valley 92555 Real Estate Market At a Glance
It is important to understand the difference between Listing Price (what sellers are asking) and Sold Prices (what buyers are willing to pay). Comparing these price trends provide a good idea of where the real estate market is heading in the Moreno Valley 92555 zip code. The data is this Moreno Valley Market Report is calculated based on the market activity each month.
Moreno Valley Market Report 92555 - Sold vs Listed
The number of active listings in the Moreno Valley 92555 real estate market dropped by 8.3% from the previous month. The median number of days active properties have been listed on the market is 52, which is significantly shorter than the national average. The number of sales in August dropped by 83.8% from the previous month.
Moreno Valley Market Report 92555 - Inventory Trends
The median price of homes for rent in Moreno Valley 92555 is $1,695.00, which is a little higher than the Moreno Valley median of $1,559. The rental market remains highly competitive and recent studies by RealFacts.com indicate The Riverside-San Bernardino-Ontario metro area ranks 5th in the U.S. for all-rent gains in the first quarter of 2015. Rent gain has been consistent for three consecutive quarters: "It boils down to supply and demand." Rents are likely to increase by about 5% across the board for 2015.
Whether you're a Buyer or Seller, the information and knowledge you gain in this Moreno Valley Market Report for 92555 will help put you in control of your Moreno Valley Rancho Belago real estate transaction. Contact us anytime to discuss how this information can benefit your buying a house or selling a house in the Moreno Valley real estate market. Call us at the office (909) 476-9600, text us for an even quicker response at Mykel@TCRgroup.net. We look forward to being of service to you! or email us at
In the meantime, please check out our webpage at WeLoveMorenoValley.com where you'll find Moreno Valley Community information, Moreno Valley Demographics and Moreno Valley School information. Visit our Moreno Valley Pinterest Board to see some beautiful photos of Moreno Valley and all it has to offer.
Looking For a Great Realtor to Sell Your Moreno Valley Home? Let Me Google That For You!
Search Moreno Valley Homes For Sale | Search Moreno Valley Homes For Rent
Moreno Valley Short Sales | Moreno Valley Foreclosures
Moreno Valley Market Reports
Posted originally on WeLoveSellingRealEstate.com by Mykel Martin