Riverside County, CA

Real Estate Market Update

Riverside County, CA

Single-Family Homes

Patti MacGregor | 951-852-9545 | patti.macgregor@ctt.com

Sun Dec 03 2023
This week the median list price for Riverside County, CA is $679,450 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 4,024. Click here to stay informed with the Riverside County market!

Market Action Index

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

Slight Seller's Advantage

Real-Time Market Profile

Median List Price		$679,450
Median Price of New Listings		$615,000
Per Square Foot		$335
Average Days on Market		85
Median Days on Market		49
Price Decreased		33%
Price Increased		3%
Relisted		7%
Inventory		4,024
Median Rent
Market Action		44
Slight Seller's Advantage

Market Segments

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

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,550,000	3,206	0.25 - 0.5 acre	4	3.5	23	37	46	63
$789,949	2,390	8,000 - 10,000 sqft	4	3	21	76	104	42
$590,995	1,978	6,500 - 8,000 sqft	3	2.5	19	76	139	42
$429,000	1,441	6,500 - 8,000 sqft	3	2	37	84	122	56

Median Price	Sq. Ft.	Lot Size	Beds	Bath	Age	New	Absorbed	DOM
$1,550,000	3,206	0.25 - 0.5 acre	4	3.5	23	37	46	63
$789,949	2,390	8,000 - 10,000 sqft	4	3	21	76	104	42
$590,995	1,978	6,500 - 8,000 sqft	3	2.5	19	76	139	42
$429,000	1,441	6,500 - 8,000 sqft	3	2	37	84	122	56

Median Price	Top $1,550,000	Upper $789,949	Lower $590,995	Bottom $429,000
Sq. Ft.	3,206	2,390	1,978	1,441
Lot Size	0.25 - 0.5 acre	8,000 - 10,000 sqft	6,500 - 8,000 sqft	6,500 - 8,000 sqft
Beds	4	4	3	3
Baths	3.5	3	2.5	2
Age	23	21	19	37
New	37	76	76	84
Absorbed	46	104	139	122
DOM	63	42	42	56

Real Estate Market Update