88 homes in near BRIGHT FUTURES ACADEMY RIVERSIDE
Homes for Sale near BRIGHT FUTURES ACADEMY RIVERSIDE
RIVERSIDE, CA
$374,999
FOR SALE3535 Banbury Dr 65, Riverside, CA 92505
2 beds · 2 baths · 915 sqft
About Homes near BRIGHT FUTURES ACADEMY RIVERSIDE
About RIVERSIDE: BRIGHT FUTURES ACADEMY RIVERSIDE is located in RIVERSIDE. Riverside is a city in and the county seat of Riverside County, California, United States. It is named for its location beside the Santa Ana River in Southern California. It is the most populous city in the Inland Empire and Riverside County, 12th-most populous city in California, and 62nd-most populous city in the U.S. with a population of 314,998 at the 2020 census. The Riverside–San Bernardino metropolitan area at 4.74 million residents is the 12th-largest metropolitan area in the nation. Riverside is about 50 miles (80 km) east of downtown Los Angeles and is also part of the Greater Los Angeles area.
These are homes for sale within about 2 miles of BRIGHT FUTURES ACADEMY RIVERSIDE in RIVERSIDE. The area around the school has 88 active listings.
BRIGHT FUTURES ACADEMY RIVERSIDE Area Market Pulse
Topfind Market Read
The picture is mixed here. There is only 2.7 months of supply, yet the typical home takes about 66 days to sell, and 42% of sellers have trimmed their asking price, so neither side holds a clear advantage. Realistic pricing wins for sellers, and patient, prepared buyers can secure fair terms.
Median Home Price
$599K
↑ 3% 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
2.7 months of supply
Tight Supply88 active listings against the current sales pace works out to about 2.7 months of supply.
What this means for buyers
Inventory is tight relative to how many homes sell each month, so buyers have fewer options and well-priced homes draw competition. Listings typically sell in ~66 days.
Sales Velocity
How fast homes are selling
Homes are sitting on the market, so buyers often have strong leverage to negotiate price, terms, and repairs. The trend is moving the other way though, with selling times down 6% 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 50% of current listings are under 30 days old, while the rest have been up longer.
Housing Tenure in BRIGHT FUTURES ACADEMY RIVERSIDE Area
Homeownership is near the state average, with a balanced mix of owners and renters.
56%
Homeowners
44%
Renters
Homeownership is 0.5 points higher than the California average (55.5%)
92,368 households (2023)
Median Price by Bedroom
Home prices rise significantly with each additional bedroom.
Each additional bedroom adds about $140K in value on average, with larger homes seeing bigger price jumps.
Largest increase: 1 → 2 bedrooms (+$262K)
Price Reductions
37 listings have reduced their price
42% of active listings
Average reduction: 5.6% (~$34K)
BRIGHT FUTURES ACADEMY RIVERSIDE Area Market Overview
Buyers in the BRIGHT FUTURES ACADEMY RIVERSIDE area are looking at a median list price of $599,000. That is about 18.2% below the RIVERSIDE median. Since February, the median price has moved up about 6.9% to $625,000 as of July. The BRIGHT FUTURES ACADEMY RIVERSIDE area has 88 active listings on the market right now. The homes shown here are near BRIGHT FUTURES ACADEMY RIVERSIDE rather than confirmed within an attendance zone, so verify enrollment eligibility with the district.
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Nearby Schools
Frequently Asked Questions about Homes near BRIGHT FUTURES ACADEMY RIVERSIDE
How many homes are for sale in BRIGHT FUTURES ACADEMY RIVERSIDE Area, CA?
There are currently 88 homes for sale in BRIGHT FUTURES ACADEMY RIVERSIDE Area, ranging from $284,888 to $6,000,000. 7 of them hit the market within the last week.
What is the median home price in BRIGHT FUTURES ACADEMY RIVERSIDE Area?
The median list price in BRIGHT FUTURES ACADEMY RIVERSIDE Area is $599,000. Price per square foot averages $477. Prices are up 3.2% compared to a year ago.
How fast do homes sell in BRIGHT FUTURES ACADEMY RIVERSIDE Area?
Homes in BRIGHT FUTURES ACADEMY RIVERSIDE Area currently average 66 days on the market, a slower pace that gives buyers more time to evaluate and negotiate.