Here are the statistics on Eastvale,CA (92880), Riverside, CA (92501,92502,92503,92504,92505,92506,92507,92508,92509),Corona, CA (92877,92878,92879,92881,92882,92883) Moreno Valley, CA (92551,92552,92553,92554,92555,92556,92557) and Rancho Cucamonga, CA(91701,91729,91730,91737,91739) for the month of July. :
• Eastvale, CA (92880) Home Sales For July, 2008: (Big Jump!)
Homes Sold: 85
High Sales Price: $ 500,000
Low Sales Price: $ 115,000
Median Sales Price: $ 381,709
Avg. Sq. Ft.: 2,906
Avg. Rooms and Bathrooms: 4 Bedrooms/ 3.25 Bathrooms
• Eastvale, CA (92880) Pending Sales As Of August, 1, 2008:
Home Sales Pending: 149
Average List Price: $ 368,770
Avg. Days on Market: 38
Avg. Sq. Ft.: 2,892
Avg. Rooms and Bathrooms: 4 Bedrooms/ 3.27 Bathrooms
• Riverside, CA (92501,92502,92503,92504,92505,92506,92507,92508,92509) Home Sales For July, 2008:
Homes Sold: 365
High Sales Price: $ 2,699,000
Low Sales Price: $ 2,150
Median Sales Price: $ 289,381
Avg. Sq. Ft.: 1,942
Avg. Rooms and Bathrooms: 4 Bedrooms/ 2.47 Bathrooms
• Riverside, CA (92501,92502,92503,92504,92505,92506,92507,92508,92509) Pending Sales As Of August, 1, 2008 :
Home Sales Pending: 500+
Average List Price: $ 266,139
Avg. Days on Market: 52
Avg. Sq. Ft.: 1,874
Avg. Rooms and Bathrooms: 4 Bedrooms/ 2.37 Bathrooms
• Corona, CA (92877,92878,92879,92881,92882,92883) Homes Sales For July, 2008:
Homes Sold: 360
High Sales Price: $ 1,850,000
Low Sales Price: $ 114,000
Median Sales Price: $ 365, 871
Avg. Sq. Ft.: 2,454
Avg. Rooms and Bathrooms: 4 Bedrooms/ 3.01 Bathrooms
• Corona, CA (92877,92878,92879,92881,92882,92883) Pending Sales As Of August 1, 2008:
Home Sales Pending: 500+
Average List Price: $ 353,961
Avg. Days on Market: 50
Avg. Sq. Ft.: 2,501
Avg. Rooms and Bathrooms: 4 Bedrooms/ 3.01 Bathrooms
• Moreno Valley, CA (92551,92552,92553,92554,92555,92556,92557) Home Sales For July, 2008:
Homes Sold: 328
High Sales Price: $ 440,000
Low Sales Price: $ 0 (? maybe an error)
Median Sales Price: $ 201,390
Avg. Sq. Ft.: 1,898
Avg. Rooms and Bathrooms: 4 Bedrooms/ 2.55 Bathrooms
• Moreno Valley, CA (92551,92552,92553,92554,9255,92556,92557) Pending Sales As Of August, 1, 2008:
Home Sales Pending: 500+
Average List Price: $ 191,130
Avg. Days on Market: 55
Avg. Sq. Ft.: 1,865
Avg. Rooms and Bathrooms: 4 Bedrooms/ 2.56 Bathrooms
• Rancho Cucamonga, CA (91701,91729,91730,91737,91739) Home Sales For July, 2008:
Homes Sold: 113
High Sales Price: $ 1,229,000
Low Sales Price: $ 185,000
Median Sales Price: $ 422,141
Avg. Sq. Ft.: 2,123
Avg. Rooms and Bathrooms: 4 Bedrooms/ 2.68 Bathrooms
• Rancho Cucamonga, CA (91701,91729,91730,91737,91739) Pending Sales As Of August, 1, 2008:
Home Sales Pending: 194
Average List Price: $ 425,964
Avg. Days on Market: 58
Avg. Sq. Ft.: 2,182
Avg. Rooms and Bathrooms: 4 Bedrooms/2.79 Bathrooms
Riverside , Corona and Moval are booming right now! For the second straight month, Moreno Valley has seen pending sales reach 500+. July is the first month since I've been charting these statistics that, Corona and Riverside have charted 500+ pending sales and over 300 home sales. I think another month of these kind of numbers will be good for the Inland Empire Housing Market. Eastvale is holding up very well itself, and will continue to do so as the REOs/ foreclosures that become available for sale in the area are only on the market for 6-8 days max! Rancho has a lot slower activity but saw a jump in over 50 pending sales since last month. I will continue to chart these numbers in hopes that I can provide a reality to the negative bombardment by the media.