Real Estate Market Update
Riverside County, CA
Single-Family Homes
Patti MacGregor | 951-852-9545 | patti.macgregor@ctt.com
Riverside County, CA
Wed Apr 24 2024
This week the median list price for Riverside County, CA is $699,000 with the market action index hovering around 47. This is about the same as last month's market action index of 47. Inventory has held steady at or around 4,163.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Real-Time Market Profile
| Median List Price | $699,000 | |
| Median Price of New Listings | $674,894 | |
| Per Square Foot | $342 | |
| Average Days on Market | 81 | |
| Median Days on Market | 42 | |
| Price Decreased | 30% | |
| Price Increased | 4% | |
| Relisted | 8% | |
| Inventory | 4,163 | |
| Median Rent | ||
| Market Action | 47 | |
| Strong Seller's Market | ||
Click for more charts
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 |
|---|---|---|---|---|---|---|---|---|
| $1,650,000 | 3,326 | 0.25 - 0.5 acre | 4 | 3.5 | 25 | 92 | 100 | 56 |
| $799,960 | 2,364 | 8,000 - 10,000 sqft | 4 | 3 | 22 | 166 | 141 | 35 |
| $619,000 | 2,008 | 6,500 - 8,000 sqft | 3 | 2.5 | 20 | 165 | 188 | 35 |
| $450,000 | 1,470 | 6,500 - 8,000 sqft | 3 | 2 | 35 | 145 | 200 | 42 |