Real Estate Market Update for Moreno Valley, CA
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to August's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of August. The number of active listings was down 1% from one year earlier, and down 4% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 270-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 23%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was 240-thousand dollars. The number of units sold decreased 17% year-over-year, and increased 7% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for Moreno Valley, CA
Area Information for Moreno Valley, CA
  • Population: 201,847
  • Median Age: 28.01 yr
  • Median Commute Time: 29.1 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,937/sq mi
  • Population Change Since 2000: 41.23%
  • Closest Airport: Ontario International
  • Closest College: University Of Redlands
  • Closest Jr. College: Riverside Comm College-moreno Valley
  • Median Household Income: $57,608
  • Annual Residential Turnover: 17.35%
  • Median Years in Residence: 3.7 yr
  • Median Home Sales Price: $156,000
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 22%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Moreno Valley, CA
Median Age: 28.01 Married: 27% Number of Households: 53,559 Households with Children: 30,062
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Moreno Valley, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Landmark Middle School 0.2 mi Public 6-8 2 2
      La Jolla Elementary School 0.5 mi Public K-5 1 5
      Ridge Crest Elementary School 1.3 mi Public K-5 1 4
      Valley Christian Academy 1.6 mi Private PRESCHOOL-8 0 5
      Lasselle Elementary School 1.7 mi Public K-5 3-5 5
      Vista Del Lago High School 1.7 mi Public 9-12 1 2
      Moreno Elementary School 2.0 mi Public K-5 2 4
      Vista Verde Middle School 2.1 mi Public 6-8 3 3
      Victoriano Elementary School 2.1 mi Public K-5 4-5 4
      Valley View High School 2.3 mi Public 9-12 2-5 3
      Hendrick Ranch Elementary School 2.4 mi Public K-5 2 4
      Mountain View Middle School 2.5 mi Public 6-8 2-5 3
      Moreno Valley Christian School 2.5 mi Private K-8 0 3
      Monarch Christian Academy 2.5 mi Private 1-12 0 0
      Armada Elementary School 2.6 mi Public K-5 1 2
      Mary Mcleod Bethune Elementary School 2.6 mi Public K-5 2-5 3
      Morning Dove Christian 2.9 mi Private K-12 0 0
      Butterfield Elementary School 2.9 mi Public PRESCHOOL-5 1 3
      Chaparral Hills Elementary School 3.0 mi Public K-5 2 4
      Bear Valley Elementary School 3.0 mi Public K-5 2 4
      Badger Springs Middle School 3.1 mi Public 6-8 1 3
      Bayside Community Day School 3.1 mi Public 10-12 1 3
      Moreno Valley Community Learning Center 3.1 mi Public 6-12 0 0
      Rancho Verde High School 3.2 mi Public 9-12 3 2
      Sunnymead Montessori School 3.2 mi Private PRESCHOOL-2 0 4
      Ramona Elementary School 3.3 mi Public K-5 2 3
      March Middle School 3.3 mi Public 6-8 3 4
      Rainbow Ridge Elementary School 3.3 mi Public K-5 3 4
      Calvary Chapel Christian 3.3 mi Private K-12 0 3
      Serrano Elementary School 3.7 mi Public K-5 1 4
      March Valley School 3.8 mi Public 9-12 1 3
      March Mountain High School 3.8 mi Public 10-12 2 2
      Cloverdale Elementary School 3.8 mi Public K-5 1 4
      Palm Middle School 3.9 mi Public 6-8 2-5 3
      Creekside Elementary School 4.1 mi Public K-5 1 4
      Valley Adventist Christian 4.2 mi Private K-8 0 0
      Sunnymead Elementary School 4.2 mi Public K-5 1 2
      Sunnymead Middle School 4.4 mi Public 6-8 1 2
      Rainbow Springs 4.4 mi Public PRESCHOOL-PRESCHOOL 0 0
      Kindercare Learning Center 4.5 mi Private PRESCHOOL-K 0 0
      North Ridge Elementary School 4.6 mi Public K-5 4 5
      Moreno Valley High School 4.8 mi Public 9-12 2 2
      Alessandro School 4.9 mi Public K-12 2 0
      Country Day School 5.1 mi Private 1-12 0 0
      Sunnymeadows Elementary School 5.1 mi Public K-5 1 3
      Midland Elementary School 5.2 mi Public K-5 2 4
      Honey Hollow Elementary School 5.6 mi Public K-5 1 3
      Sugar Hill Elementary School 5.7 mi Public K-5 1 3
      Towngate Elementary School 5.8 mi Public PRESCHOOL-5 2 4
      Canyon Springs High School 6.4 mi Public 9-12 2-5 3
      Edgemont Elementary School 6.4 mi Public K-5 2 4
      Box Springs Elementary School 6.6 mi Public K-5 1 4
      Vista Heights Middle School 6.6 mi Public 6-8 3 3
      Hidden Springs Elementary School 6.8 mi Public K-5 3 4
      Foothill Baptist School 7.1 mi Private K-12 0 0
      Seneca Elementary School 7.6 mi Public K-5 2 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Moreno Valley, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.