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Riverside County, California Homes Sales & Values Report April 2023

By
Industry Observer CDRE #01044712

On May 18, 2023, California Association of Realtors (C.A.R) reported homes values were increased 0.5% to the price of $615,000 in April of 2023 from price of $612,000 in March of 2023, but declined 2.4% from price of $630,000 in April of 2022 in Riverside County, California While, homes sales dropped 6.6% in April of 2023 from March of 2023, and fell 35.5% from April of 2022 in Riverside County, California.

There were 2.7 months supplies of available inventory of homes in April of 2023, up from 2.6 months in March of 2023, and higher from 1.7 months in April of 2022 in Riverside County, California.

An average it took 32.0 days to sell a home in April 2023, down from 38.0 days in March of 2023, but jumped from 16.0 days in April of 2022 in Riverside County, California.

For complete more detailed information about the California Association of Realtors’ April of 2023 Riverside County, California homes sales and value report, please click https://www.car.org/en/aboutus/mediacenter/newsreleases/2023-News-Releases/april2023sales

Posted by

John Pusa

Better way to buy and sell real estate

Office (818) 441-8881

Mobile (818) 441-8881

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

Thank you for this post.  I hope that you have a wonderful Memorial Day weekend. 

May 27, 2023 03:16 PM
John Pusa
Glendale, CA

Hello Lise Howe you are welcome, thank you, and I hope you a have a wonderful Memorial Day weekend to you too. Thanks for the comment.

May 27, 2023 04:45 PM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John Pusa  I seldom have listings in Riverside County, but when I do I always appreciate how nicer the people are.... clearly 32 days is a short time to sell a property, so more people are thinking living in Riverside County:)Endre

May 27, 2023 10:29 PM
Brian England
Ambrose Realty Management LLC - Gilbert, AZ
MBA, GRI, REALTOR® Real Estate in East Valley AZ

From the stats, it sounds like the Riverside market is solid.  I hope that Endre Barath, Jr. will get more listings there so that he can deal with nicer people, haha.

May 28, 2023 05:23 AM
Roy Kelley
Retired - Gaithersburg, MD

Good Sunday morning, John.

I hope you are having a great weekend.

May 28, 2023 07:03 AM
Kristin Johnston - REALTOR®
RE/MAX Platinum - Waukesha, WI
Giving Back With Each Home Sold!

Great post!  Thanks for sharing and enjoy your day!

May 28, 2023 07:36 AM
John Pusa
Glendale, CA

Hello Endre Barath, Jr. good to know you occasionally have listings in Riverside County, and you always appreciate how nicer the people are. You are right, 32 days is a short time to sell a property. Thanks for the comment.

May 28, 2023 09:45 AM
John Pusa
Glendale, CA

Hello Brian England I agree, from the stats, it appears that Riverside County market is solid, and hopefully Endre Barath, Jr. will get more listings there so that he can deal with nicer people, haha. Thanks for the comment. 

May 28, 2023 09:47 AM
John Pusa
Glendale, CA

Hello Roy Kelley Good Sunday morning to you too. Thank you, and I hope you are having a great weekend as well. Thanks for the comment.

May 28, 2023 09:49 AM
John Pusa
Glendale, CA

Hello Kristin Johnston - REALTOR® you are welcome, and glad you find the report very helpful. Enjoy your day too! Thanks for the comment.

May 28, 2023 10:17 AM