Eastvale CA Market Report for the month of May 2016

By
Real Estate Broker/Owner with Realty One Group BRE 01230211 & 01919354

Eastvale CA Market Report for the month of May 2016

 

 

Why is Eastvale CA growing in popularity?

 

Eastvale is a commuter's dream. Centrally located between the 4 major counties of Los Angeles, Riverside, Orange and San Bernardino. Buyers truly get the most bang for their buck in Eastvale CA. The community has grown from a dairy land in the year 2000 to over 60,000 in population as of 2016. Families who relocate here are searching for that luxurious house that provides the space, comfort and a place where their family can grow and thrive. Corona/Norco school is a well known acclaimed district recognized nationally for many outstanding achievements. Eastvale CA is a commuter town which prides itself on education, safety, pride and prosperity.

 

Low inventory, low-interest rates, and increased buyers demand are the driving force behind increased home values in Eastvale CA.

 

Click here to see all the homes that are currently available for sale.

 

 

As of June 3rd 2016, there are only 126 houses available for sale. The average days on the market is 50 days with an average price of $534k for a 4 bedroom with 2999 sqft of living space.

 

A total of 57 houses sold for the month of May. Average sold price was at $501k with an average of 48 days on the market. As compared to 69 houses sold during the month of April with an average sale price of $487k had an average of 67 days on the market. Buyers demand is still increasing from month to month. Prices of home sold on the average increased $14k from month to month. Days on the market decreased by 19 days. Is it a seller's market? I would say so. Eastvale CA real estate is hot, hot...HOT.

 

 

38 Listings are Pending with an additional 50 as backup offers. A total of 88 listings are in escrow. There were 9 listings that expired. The average expired listing price was $45k more than those listings that sold during May.  Stats don't lie. If you are looking to get your listing SOLD, make sure you price them correctly. 

 

 

 

As the trend continues, it is important that you  price your home accordingly if you want to sell it for the least amount of time and for the most money.  If you want to know how much your house is worth, click here for a Free market analysis with no obligation.

 

Looking to relocate to Eastvale CA? Give the Eastvale Team Realty a call at 951-878-9180. Allow them to show you what your money can buy in Eastvale CA.

 

 

Eastvale CA Market Report for the month of May 2016

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Eastvale Team Realty  

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                    CALL or TEXT us NOW – 951-707-9919 

 

 

What is your house worth? Click here for a Free market analysis.

 

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