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