7,431 homes in Riverside County
Riverside County, CA
29376 Bouris Drive, Menifee, CA 92584
4 beds · 3 baths · 2,222 sqft
Riverside County spans many cities and communities across California. There are currently 7,415 homes for sale county-wide, with a median list price of $625,000.
Topfind Market Read
The picture is mixed here. Sales volume is up 22% versus six months ago, yet 42% of sellers have trimmed their asking price, and the typical home takes about 56 days to sell, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$625K
↑ 2% over the past yearChart shows the median closed sale price by month
Months of Supply
Estimated time to sell all listings at the current sales pace
4.2 months of supply
Balanced Supply7,415 active listings currently on the market.
What this means for buyers
Supply and demand are roughly in step, with a steady flow of options and no glut. Listings typically sell in ~56 days.
Sales Velocity
How fast homes are selling
Homes take longer to sell here than in a balanced market, so buyers have more time to negotiate and explore options. The trend is moving the other way though, with selling times down 14% over the last six months.
Inventory Distribution
A solid share of current listings is under 30 days old, while a meaningful share has been up longer.
About 49% of current listings are under 30 days old, while the rest have been up longer.
Median Price by Bedroom
Larger homes command significantly higher prices, with sharp increases beyond 3 bedrooms.
Each additional bedroom adds about $151K in value on average.
Price Reductions
3108 listings have reduced their price
42% of active listings
Average reduction: 5.6% (~$35K)
There are currently 7,415 homes for sale in Riverside County, ranging from $795 to $85,000,000. 552 of them hit the market within the last week.
The median list price in Riverside County is $625,000. Price per square foot averages $368. Prices are up 1.8% compared to a year ago.
Homes in Riverside County currently average 56 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.
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