Riverside County, California Homes Sales & Values Report October 2022

By
Real Estate Agent with Berkshire Hathaway Home Services Crest CDRE #01044712

On November 16, 2022, California Association of Realtors (C.A.R) reported an annualized homes values unchanged 0.0% to the price of $599,990 in October of 2022 from price of $600,000 in September of 2022, but higher 3.4% from price of $580,000 in October of 2021 in Riverside County California. While, the homes sales decreased 19.2% in October of 2022 from September of 2022, and fell 41.5% from October of 2021 in Riverside County, California.

There were 3.9 months supplies of available inventory of homes in October of 2022, gained from 3.3 months in September of 2022, and rose from 2.0 months in October of 2021 in Riverside County, California.

An average it took 28.0 days to sell a home in October 2022, up from 26.0 days in September of 2022, and jumped from 13.0 days in October of 2021 in Riverside County, California.

For complete more detailed information about the California Association of Realtors’ October of 2022 Riverside County, California homes sales and value report, please click HERE

Posted by

John Pusa

Real estate agent, Glendale, CA

Better way to buy and sell real estate

Berkshire Hathaway Home Services Crest

Office (818) 441-8881

Mobile (818) 441-8881

4005 Foothill Blvd.

La Crescenta, CA. 91214

Comments (8)

Ben DeHaven
Haven Realty & Investments - Winter Haven, FL
Proudly serving Winter Haven & Lakeland, Florida

Thanks for sharing, John! Interesting to see data from the other side of the country. 

 

Nov 30, 2022 07:10 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great information.   Thanks for sharing and have a wonderful day!

Nov 30, 2022 07:22 AM
Rocky Dickerson
Realty One Group - Las Vegas, NV
Superior Service!

It sounds like you, my friend, are on the way to a great 2023 with stats like that.

Nov 30, 2022 11:31 AM
Mayra Espinosa Realtor San Mateo Pacifica Homes
Mayra Espinosa Broker- Realtor | Call 650-996-8961 - Pacifica, CA
San Mateo County Real Estate | Buy | Sell | Invest

Hello John,

The average time that took to sell a home in Riverside County, California, in October 2022 was 28 days. That is not too bad, since it's only 2 days' variations from the previous month. We still experiencing a shortage of homes for sale inventory. 

Nov 30, 2022 03:00 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Ben DeHaven you are welcome, and glad you find the report very  Interesting to see from the other side of the country. Thanks for the comment.

Nov 30, 2022 05:11 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very informative. Have a wonderful day too! Thanks for the comment.

Nov 30, 2022 05:11 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello Rocky Dickerson hopefully you are right my friend, I and we all can benefit to a great 2023 with stats like that. Thanks for the comment.

Nov 30, 2022 05:14 PM
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Hello MayraMayra Espinosa Realtor San Mateo Pacifica Homes you are right, average time that took to sell a home in Riverside County, California, in October 2022 was 28 days. It is okay only 2 days' variations from the previous month. Very true, your and other areas still experiencing a shortage of homes for sale inventory. Thanks for the comment.

Nov 30, 2022 05:17 PM