Last month in December, housing in Riverside, CA ended with 131 homes being added to the market for sale, for a cumulative monthly total of 365 homes for sale - down -18% compared to November. Riverside, CA had a total of 169 homes sold for the month - up 1% from the month prior.
Detached led the way in homes sold with a total of 155 - down -1%, while attached totaled 14 in closed sales - up 29% from the month of November. The number of detached properties sold under 1500 square feet totaled 45 for the month of December, while homes from 1500 to 2000 square feet recorded 44 sales and homes sized from 2000 to 2500 square feet had 32 sales. While homes from 2500 to 3000 square feet square feet recorded 15 homes sold and homes from 3000 to 3500 square feet had 6 sales, while homes in the 3500 to 4000 square feet range totaled 3 homes sold. Homes from 4000 to 4500 square feet had 5 sales and homes from 4500 to 5000 square feet had 3 sales. The following ranges for detached homes all had no sales: over 5500.
The number of attached homes sold under 1500 square feet numbered 11 and attached homes in the square feet range of 1500 to 2000 recorded 3 sales. The following ranges for attached homes all had no sales: 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
The last 12 month period for the city of Riverside, CA shows that the greatest number of homes were sold during the months of July 2024, August 2024 and October 2024. The months of July 2024, August 2024 and October 2024 had 237 - 216 and 216 homes sold, respectively, as compared to an average of 179 for the other months of the year.
The last 12 month period for the city of Riverside, CA shows that homes sold the fastest during the months of April 2024, June 2024 and July 2024. The months of April 2024, June 2024 and July 2024 had 20 - 18 and 20 days on market, respectively, as compared to an average of 27 for the other months of the year.
Number of homes sold in Riverside, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 144 | 177 | 199 | 160 | 178 | 214 | 237 | 216 | 202 | 216 | 167 | 169 | 2279 |
2023 | 144 | 174 | 203 | 169 | 235 | 231 | 177 | 219 | 178 | 166 | 152 | 167 | 2215 |
2022 | 238 | 227 | 279 | 239 | 248 | 228 | 228 | 260 | 241 | 206 | 151 | 159 | 2704 |
2021 | 264 | 234 | 252 | 268 | 315 | 362 | 300 | 265 | 264 | 313 | 278 | 264 | 3379 |
2020 | 194 | 237 | 234 | 184 | 180 | 277 | 258 | 228 | 242 | 257 | 246 | 246 | 2783 |
2019 | 188 | 197 | 239 | 264 | 299 | 271 | 296 | 291 | 272 | 250 | 234 | 228 | 3029 |
2018 | 207 | 198 | 269 | 255 | 250 | 263 | 325 | 274 | 240 | 268 | 247 | 217 | 3013 |
Average Days On Market (DOM) In Riverside, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 29 | 20 | 25 | 20 | 23 | 18 | 20 | 22 | 25 | 23 | 36 | 37 | 25 |
2023 | 34 | 33 | 27 | 28 | 21 | 15 | 19 | 16 | 15 | 16 | 19 | 25 | 22 |
2022 | 17 | 21 | 10 | 9 | 10 | 9 | 15 | 18 | 25 | 24 | 28 | 33 | 18 |
2021 | 13 | 14 | 8 | 8 | 7 | 8 | 9 | 8 | 13 | 15 | 16 | 16 | 11 |
2020 | 31 | 39 | 30 | 19 | 17 | 28 | 24 | 17 | 15 | 12 | 9 | 8 | 21 |
2019 | 45 | 47 | 48 | 37 | 31 | 30 | 27 | 24 | 27 | 24 | 35 | 34 | 34 |
2018 | 34 | 28 | 26 | 23 | 21 | 22 | 24 | 28 | 33 | 34 | 38 | 41 | 29 |
Average Days From List To Close Of Escrow In Riverside, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 85 | 83 | 79 | 77 | 71 | 86 | 69 | 77 | 79 | 78 | 85 | 93 | 80 |
2023 | 96 | 102 | 89 | 79 | 73 | 67 | 72 | 66 | 68 | 69 | 86 | 85 | 79 |
2022 | 86 | 78 | 56 | 55 | 56 | 55 | 62 | 64 | 71 | 74 | 89 | 86 | 69 |
2021 | 79 | 75 | 63 | 70 | 59 | 57 | 61 | 56 | 62 | 65 | 64 | 67 | 65 |
2020 | 99 | 97 | 83 | 78 | 72 | 82 | 81 | 76 | 74 | 66 | 63 | 60 | 78 |
2019 | 99 | 106 | 108 | 96 | 83 | 81 | 79 | 79 | 85 | 72 | 88 | 96 | 89 |
2018 | 99 | 89 | 78 | 79 | 64 | 74 | 78 | 79 | 96 | 84 | 96 | 100 | 85 |
Number of homes added to the market in Riverside, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 227 | 215 | 245 | 39 | 71 | 271 | 271 | 289 | 256 | 238 | 190 | 131 | 2443 |
2023 | 185 | 205 | 227 | 212 | 232 | 259 | 247 | 251 | 245 | 175 | 183 | 137 | 2558 |
2022 | 240 | 211 | 286 | 267 | 276 | 320 | 269 | 254 | 222 | 177 | 158 | 128 | 2808 |
2021 | 223 | 188 | 310 | 277 | 307 | 276 | 298 | 287 | 307 | 261 | 244 | 137 | 3115 |
2020 | 212 | 231 | 232 | 185 | 179 | 207 | 238 | 255 | 291 | 294 | 269 | 180 | 2773 |
2019 | 242 | 221 | 252 | 286 | 311 | 282 | 259 | 281 | 250 | 247 | 179 | 139 | 2949 |
2018 | 246 | 254 | 266 | 314 | 311 | 343 | 279 | 282 | 244 | 254 | 172 | 130 | 3095 |