Riverside, California
Including Arlington, Bloomington, Box Springs, Canyon Crest, Casa Blanca, Colton, Corona, Crestmore, Fontana, Grand Terrace, Jurupa, La Sierra, Mira Loma, Moreno Valley, Norco, Perris, Rubidoux, Woodcrest
Trend | 06/28/2008 | 1 month | 3 month | 6 month | 12 month |
Median Price | $270,000 | -6.2% | -15.6% | -28.0% | -38.5% |
Inventory | 13,666 | -2.8% | -2.7% | -3.3% | -7.0% |
Historical Data
Date | Inventory | 25th Percentile | 50th Percentile (Median) | 75th Percentile |
06/28/2008 | 13,666 | $199,900 | $270,000 | $370,000 |
06/21/2008 | 14,533 | $199,900 | $274,900 | $375,000 |
06/14/2008 | 14,827 | $200,000 | $275,000 | $375,900 |
06/07/2008 | 13,660 | $205,000 | $279,900 | $379,900 |
06/01/2008 | 13,907 | $209,900 | $285,000 | $389,000 |
Foreclosure data
Now some more crazy data from the BMIT site. Here is the foreclosure data (from foreclosure.com) for Riverside and San Berdu. Take a look at this months numbers! The numbers are cumulative but this month shows a HUGE increase in the foreclosure numbers. If my math is correct Riverside has 4798 foreclosures. Last month was a stellar sales month and there were only 3444 sales. If that number is correct then there will be WAY more foreclosures than sales this month. San Berdu does not look much better
Riverside (foreclosures/pre-foreclosures)
01/2008: 5,548/13,829
02/2008: 7,629/16,633
03/2008: 7,910/18,853
04/2008: 9,415/19,960
05/2008: 10,772/20,317
06/2008: 15,570/22,447
San Berdu
01/2008: 3,462/10,247
02/2008: 5,271/12,969
03/2008: 5,478/14,787
04/2008: 6,834/15,709
05/2008: 7,969/17,277
06/2008: 11,587/17,541
1 comment:
Thanks for the update! I wish prices would fall more here in Orangecrest. I think the same 7 people are making offers on the same homes and it's really getting annoying. Can't seem to shake them. :)
Post a Comment