On December 19, 2016, California Association of Realtors (C.A.R) reported that homes values decreased 1.0% to an average price of $352,500 in November of 2016 from $355,550 in October 2016, but gained 6.8% from price of $330,000 in November of 2015. While, homes sales declined 1.5% in November of 2016, from October of 2016, but jumped 32.5% from November of 2015 in Riverside County, California.
There were 4.3 months supplies of available inventory of homes in November of 2016, down from 4.5 months in October of 2016, and fell from 6.2 months in November of 2015. An average it took 45.9 days to sell a home in November 2016, lower from 47.4 days in October of 2016, and dropped from 56.5 days in November of 2015 in Riverside County, California.
For complete more detailed information about the California Association of Realtors’ November of 2016 in Riverside County, California homes sales and value report, please CLICK HERE