Last month in October, housing in Riverside, CA ended with 238 homes being added to the market for sale, for a cumulative monthly total of 524 homes for sale - up 1% compared to September. Riverside, CA had a total of 216 homes sold for the month - up 6% from the month prior.
Detached led the way in homes sold with a total of 198 - up 5%, while attached totaled 18 in closed sales - up 22% from the month of September. The number of detached properties sold under 1500 square feet totaled 62 for the month of October, while homes from 1500 to 2000 square feet recorded 54 sales and homes sized from 2000 to 2500 square feet had 33 sales. While homes from 2500 to 3000 square feet square feet recorded 22 homes sold and homes from 3000 to 3500 square feet had 13 sales, while homes in the 3500 to 4000 square feet range totaled 4 homes sold. Homes from 4000 to 4500 square feet had 4 sales, homes from 4500 to 5000 square feet had 3 sales and homes over 5500 square feet recorded 1 homes sold.
The number of attached homes sold under 1500 square feet numbered 14, attached homes in the square feet range of 1500 to 2000 recorded 2 sales and attached properties from 2000 to 2500 square feet had a total of 2 homes sold. The following ranges for attached homes all had no sales: 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 June 2024, July 2024 and October 2024. The months of June 2024, July 2024 and October 2024 had 214 - 237 and 216 homes sold, respectively, as compared to an average of 177 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 November 2023, June 2024 and July 2024. The months of November 2023, June 2024 and July 2024 had 19 - 18 and 20 days on market, respectively, as compared to an average of 24 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 | 213 | 202 | 216 | - | - | 1940 |
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 |
2017 | 205 | 183 | 270 | 268 | 275 | 275 | 273 | 261 | 272 | 257 | 253 | 243 | 3035 |
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 | - | - | 22 |
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 |
2017 | 39 | 37 | 34 | 30 | 23 | 23 | 24 | 19 | 23 | 30 | 29 | 27 | 28 |
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 | - | - | 78 |
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 |
2017 | 109 | 109 | 104 | 93 | 75 | 70 | 79 | 76 | 75 | 87 | 79 | 87 | 87 |
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 | 259 | 256 | 238 | - | - | 2092 |
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 |
2017 | 227 | 182 | 289 | 278 | 292 | 275 | 276 | 307 | 255 | 234 | 202 | 132 | 2949 |