Real Estate Market Update for Riverside, CA
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Welcome to this month's "Market Update". Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 71% from one year earlier and down 24% 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 over 250-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 31% This lower number of days may signal a positive trend in the local inventory-turnover rate. Meanwhile, The median sale price was just under 240-thousand dollars. Overall, The number of units sold Decreased 19% year-over-year and Increased 16% 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 Riverside, CA
Area Information for Riverside, CA
  • Population: 311,694
  • Median Age: 33.52 yr
  • Median Commute Time: 21.23 mins
  • Educational Climate*: 3
  • Recycling Likelihood**: 100
  • Sales Tax: 11%
  • Population Density: 3,836/sq mi
  • Population Change Since 2000: 21%
  • Closest Airport: March Arb
  • Closest College: California Baptist University
  • Closest Jr. College: Riverside Community College
  • Median Household Income: $60,053
  • Annual Residential Turnover: 18.36%
  • Median Years in Residence: 3.35 yr
  • Median Home Sales Price: $180,000
  • Closest Major Sports Team: Inland Empire 66ers (a)
  • Change Avg. Household Income Since 2000: 43%
* Scale from 1-5   ** Index where 100 is the national average
Demographic Data for Riverside, CA
Median Age: 33.52 Married: 36% Number of Households: 93,966 Households with Children: 39,952
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 Riverside, CA

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Victoria Elementary School 0.3 mi Public K - 6 3 5
      Riverside Virtual School 0.4 mi Public K - 12 4 0
      Raincross High School 0.4 mi Public 9 - 12 1 2
      Cope/opportunity School 0.4 mi Public 7 - 12 1 0
      Matthew Gage Middle School 0.4 mi Public 7 - 9 3 3
      Washington Elementary School 0.7 mi Public K - 6 3 4
      Poly High School 0.8 mi Public 9 - 12 3-5 0
      Pachappa Elementary School 0.9 mi Public K - 6 3 4
      Notre Dame High School 0.9 mi Catholic 9 - 12 0 3
      St Catherine Of Alexandra School 0.9 mi Catholic K - 8 0 4
      Alcott Elementary School 1.1 mi Public K - 6 3-5 4
      Riverside Montessori Academy 1.1 mi Private K - 3 0 3
      Immanuel Lutheran School 1.3 mi Private K - 6 0 4
      Magnolia Elementary School 1.3 mi Public K - 6 2-5 4
      Madison Elementary School 1.6 mi Public K - 6 3 3
      Gateway To Clg Early Clg High School 1.8 mi Public 10 - 12 1 0
      Sierra Middle School 1.8 mi Public 7 - 9 3 3
      Central Middle School 1.8 mi Public 7 - 9 3 3
      All Saints Carden School 1.9 mi Private K - 8 0 0
      Abraham Lincoln High School 2.0 mi Public 9 - 12 1 4
      Ramona High School 2.0 mi Public 9 - 12 3 3
      St Francis Desales School 2.1 mi Catholic K - 8 0 4
      Emerson Elementary School 2.1 mi Public K - 6 2-5 3
      Castle View Elementary School 2.2 mi Public K - 6 2-5 4
      Mountain View Elementary School 2.4 mi Public K - 6 2 2
      Jefferson Elementary School 2.4 mi Public K - 6 2-5 4
      Longfellow Elementary School 2.6 mi Public K - 6 1 3
      Monroe Elementary School 3.0 mi Public K - 6 2-5 4
      Taft Elementary School 3.0 mi Public K - 6 3 4
      Bryant Elementary School 3.1 mi Public K - 6 2 4
      Riverside Christian School 3.1 mi Private K - 12 0 4
      Harvest Christian School 3.1 mi Private K - 6 0 5
      Adams Elementary School 3.2 mi Public K - 6 2-5 4
      John W North High School 3.2 mi Public 9 - 12 3 3
      Chemawa Middle School 3.4 mi Public 7 - 9 3 2
      Hawthorne Elementary School 3.4 mi Public K - 6 2 5
      Islamic School Of Riverside 3.5 mi Private K - 12 0 0
      Peralta Elementary School 3.6 mi Public K - 6 2 4
      Arlington High School 3.6 mi Public 9 - 12 3 3
      Fremont Elementary School 3.7 mi Public K - 6 2 3
      University Heights Middle School 3.8 mi Public 7 - 9 2-5 3
      Ina Arbuckle Elementary School 3.9 mi Public K - 6 1 2
      Patricia Beatty Elementary School 3.9 mi Public K - 6 2 4
      Jackson Elementary School 4.0 mi Public K - 6 2 3
      Highland Elementary School 4.1 mi Public K - 6 2 3
      Hyatt Elementary School 4.1 mi Public K - 6 1 3
      West Riverside Elementary School 4.2 mi Public K - 6 2-5 0
      Pacific Avenue Elementary School 4.2 mi Public K - 6 2-5 3
      Liberty Elementary School 4.4 mi Public K - 6 1 3
      John F Kennedy Elementary School 4.4 mi Public K - 6 4-5 5
      Big Springs School 4.5 mi Private SPECIAL EDUCATION 0 4
      Steps Community Day School 4.5 mi Public 7 - 12 1 0
      Rubidoux High School 4.5 mi Public 9 - 12 3 3
      Mission Middle School 4.6 mi Public 7 - 9 1 3
      Indian Hills Elementary School 4.6 mi Public K - 6 2-5 3
      Woodcrest Elementary School 4.6 mi Public K - 6 3 4
      Harrison Elementary School 4.6 mi Public K - 6 2 2
      Foothill Elementary School 4.7 mi Public K - 5 1 4
      Rustic Lane Elementary School 4.9 mi Public K - 6 1 2
      Frank A Miller Middle School 4.9 mi Public 7 - 9 0 0
      Terrace Elementary School 5.0 mi Public K - 5 1 2
      Martin Luther King High School 5.0 mi Public 9 - 12 4-5 3
      Arlanza Elementary School 5.1 mi Public K - 5 1 3
      Ben Franklin Elementary School 5.1 mi Public K - 6 4 3
      Wells Middle School 5.2 mi Public 5 - 8 1 4
      Norte Vista High School 5.3 mi Public 9 - 12 2-5 2
      Camino Real Elementary School 5.5 mi Public K - 6 3-5 5
      Myra Linn Elementary School 5.6 mi Public K - 5 2-5 4
      Mark Twain Elementary School 5.6 mi Public K - 6 3-5 5
      Amelia Earhart Middle School 5.6 mi Public 7 - 9 4 4
      Nueva Vista Cont High School 5.6 mi Public 9 - 12 1 0
      La Granada Elementary School 5.7 mi Public K - 5 1 4
      Highgrove Elementary School 5.8 mi Public K - 6 2-5 0
      Patriot High School 5.8 mi Public 9 - 12 3-5 2
      Tomas Rivera Elementary School 5.8 mi Public K - 6 4 5
      Sunnyslope Elementary School 5.8 mi Public K - 6 2 4
      Stone Avenue Elementary School 6.1 mi Public K - 6 2-5 4
      Collett Elementary School 6.1 mi Public K - 5 2 4
      Arizona Middle School 6.1 mi Public 5 - 8 3 4
      Pedley Elementary School 6.2 mi Public K - 6 2 3
      La Sierra High School 6.3 mi Public 9 - 12 3 3
      Rosemary Kennedy Elementary School 6.4 mi Public K - 5 2-5 4
      Glen Avon Elementary School 6.4 mi Public K - 6 2-5 3
      Mcauliffe Elementary School 6.6 mi Public K - 5 3 4
      Twinhill Elementary School 6.6 mi Public K - 5 1 3
      Orrenmaa Elementary School 6.7 mi Public K - 5 2 4
      Jurupa Middle School 6.7 mi Public 7 - 9 2-5 3
      Rio Vista Continuation High School 6.8 mi Public 9 - 12 1 0
      La Sierra Academy 6.8 mi Private K - 12 0 3
      Lake Mathews Elementary School 6.9 mi Public K - 6 4 4
      Loma Vista Middle School 6.9 mi Public 5 - 8 2 3
      Alvord Cont High School 7.2 mi Public 9 - 12 1 4
      Van Buren Elementary School 7.3 mi Public K - 6 2 3
      Phillip M Stokoe Elementary School 7.4 mi Public K - 5 2 3
      Valley View Elementary School 7.4 mi Public K - 5 1 3
      Lake Hills Elementary School 7.7 mi Public K - 5 4 5
      Mira Loma Middle School 7.8 mi Public 7 - 9 1 3
      Granite Hill Elementary School 8.1 mi Public K - 6 2-5 5
      Villegas Middle School 8.4 mi Public 5 - 8 3-5 3
      Mission Bell Elementary School 8.6 mi Public K - 6 2-5 3
      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 © 2010
      Local Weather for Riverside, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2013 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.