On January 15, 2021, California Association of Realtors (C.A.R) reported that homes values declined 0.4% to an average price of $488,250 in December of 2020 from an average price of $490,000 in November of 2020, but rose 16.3% from $420,000 in December of 2019. While, homes values increased 15.8% in December of 2020 from November of 2020, and jumped 39.0% from December of 2019 in Riverside County, California.
There were 1.4 months supplies of available inventory of homes in December of 2020, lower from 2.1 months in November of 2020, and dropped from 3.4 months in December of 2019 in Riverside County, California.
An average it took 13.0 days to sell a home in December 2020, up from 11.0 days in November of 2020, but fell from 36.0 days in December of 2019 in Riverside County, California.
For complete more detailed information about the California Association of Realtors’ December of 2020 in Riverside County, California homes sales and value report, please click HERE
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