Riverside County, CA

Real Estate Market Update

Riverside County, CA

Single-Family Homes

Sat Sep 21 2024
This week the median list price for Riverside County, CA is $665,000 with the market action index hovering around 44. This is less than last month's market action index of 45. Inventory has held steady at or around 5,074. Click here to stay informed with the Riverside County market!

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Median List Price		$665,000
Median Price of New Listings		$629,999
Per Square Foot		$332
Average Days on Market		84
Median Days on Market		49
Price Decreased		33%
Price Increased		4%
Relisted		11%
Inventory		5,074
Median Rent
Market Action		44
Slight Seller's Advantage

Each segment below represents approximately 25% of the market ordered by price.

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,339,000	3,078	0.25 - 0.5 acre	4	3	24	99	131	77
$750,000	2,323	6,500 - 8,000 sqft	4	2.5	21	123	165	42
$599,000	1,939	6,500 - 8,000 sqft	3	2	20	168	148	42
$439,500	1,435	6,500 - 8,000 sqft	3	2	37	118	149	49

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,339,000	3,078	0.25 - 0.5 acre	4	3	24	99	131	77
$750,000	2,323	6,500 - 8,000 sqft	4	2.5	21	123	165	42
$599,000	1,939	6,500 - 8,000 sqft	3	2	20	168	148	42
$439,500	1,435	6,500 - 8,000 sqft	3	2	37	118	149	49

Median Price	Top $1,339,000	Upper $750,000	Lower $599,000	Bottom $439,500
Sq. Ft.	3,078	2,323	1,939	1,435
Lot Size	0.25 - 0.5 acre	6,500 - 8,000 sqft	6,500 - 8,000 sqft	6,500 - 8,000 sqft
Beds	4	4	3	3
Baths	3	2.5	2	2
Age	24	21	20	37
New	99	123	168	118
Absorbed	131	165	148	149
DOM	77	42	42	49

Real Estate Market Update