CHECK OUT THE ARNOLD GROUP MARKET UPDATE
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These monthly updates are designed to give you a “Snapshot” of the most vital information needed when considering buying or selling a home.
LET’S TAKE A LOOK AT OUR MARKET IN THE MONTH OF FEBRUARY!
The number of active listings was Down 16% from last year and Down 10% from last month. The Median List price of homes was Up in February to $345,000. The Total Days on Market (time it took to secure a buyer contract) was Up 35% from last year. The Median Sales price was $310,000. Total number of units Sold was Down 3% year over year and Increased 5% month over month.
The Arnold Group hopes you found this information helpful to keep track of the overall real estate market in Riverside County, California. With that said if you are looking for expert advice as to when you should buy or sell, we are here to assist.
If at any time you are in need of more information as to your homes value or the process of buying or selling, feel free to contact our office at (951) 734-4300 or visit our Contact Us page.