Real Estate Market Update for Riverside, CA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 25% from one year earlier, and down 7% 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 430-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 23%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just under 370-thousand dollars. The number of units sold decreased 8% year-over-year, and decreased 13% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for Riverside, CA
Area Information for Riverside, CA
  • Population: 318,646
  • Median Age: 31.74 yr
  • Median Commute Time: 28 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,925/sq mi
  • Population Change Since 2000: 23.61%
  • Closest Airport: Ontario International
  • Closest College: California Baptist University
  • Closest Jr. College: Riverside Community College-riverside
  • Median Household Income: $56,617
  • Annual Residential Turnover: 18%
  • Median Home Sales Price: $300,000
  • Closest Major Sports Team: Inland Empire 66ers (a)
  • Change Avg. Household Income Since 2000: 33.46%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Riverside, CA
Median Age: 31.74 Married: 35% Number of Households: 96,255 Households with Children: 35,476
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 School Rating Parent Rating
      California School For The Deaf-riverside 0.2 mi Public K-12 0 0
      Victoria Elementary School 0.3 mi Public K-6 2 0
      Riverside Virtual 0.4 mi Public 1-12 4 0
      Summit View Independent Study School 0.4 mi Public K-12 1 0
      Matthew Gage Middle School 0.4 mi Public 7-8 3 0
      Washington Elementary School 0.7 mi Public K-6 3 0
      Polytechnic High School 0.8 mi Public 9-12 3 4
      Pachappa Elementary School 0.9 mi Public K-6 4 0
      Notre Dame High School 0.9 mi Catholic 9-12 0 3
      Opportunity Program School 1.1 mi Public 7-12 0 3
      Alcott Elementary School 1.1 mi Public K-6 3 0
      Magnolia Elementary School 1.4 mi Public PRESCHOOL-6 3 0
      Madison Elementary School 1.6 mi Public PRESCHOOL-6 3 0
      Gateway College And Career Academy 1.8 mi Public 10-12 2 3
      Sierra Middle School 1.8 mi Public 7-8 2 0
      Central Middle School 1.9 mi Public 7-8 2 0
      Ramona High School 1.9 mi Public 9-12 3 3
      Abraham Lincoln Continuation School 2.0 mi Public 9-12 1 0
      Emerson Elementary School 2.2 mi Public PRESCHOOL-6 2 0
      Castle View Elementary School 2.2 mi Public K-6 3 0
      Come Back Kids 2.3 mi Public UNGRADE-UNGRADE 1 0
      Riverside County Community School 2.3 mi Public 1-12 1 0
      Mountain View Elementary School 2.4 mi Public K-6 2 0
      Jefferson Elementary School 2.4 mi Public PRESCHOOL-6 2 0
      Longfellow Elementary School 2.6 mi Public PRESCHOOL-6 2 0
      Monroe Elementary School 3.0 mi Public K-6 1 0
      William Howard Taft Elementary School 3.0 mi Public K-6 2 0
      Bryant Elementary School 3.1 mi Public K-6 3 0
      Adams Elementary School 3.1 mi Public K-6 2 0
      Riverside Christian School 3.2 mi Private PRESCHOOL-12 0 0
      John W. North High School 3.3 mi Public 9-12 2 3
      Chemawa Middle School 3.4 mi Public 7-8 2 0
      Hawthorne Elementary School 3.4 mi Public PRESCHOOL-6 2 0
      Peralta Elementary School 3.6 mi Public K-6 2 0
      Arlington High School 3.6 mi Public 9-12 2 3
      Fremont Elementary School 3.7 mi Public PRESCHOOL-6 2 0
      Reach Leadership Academy 3.7 mi Public K-4 2 0
      University Heights Middle School 3.8 mi Public 7-8 1 0
      Ina Arbuckle Elementary School 3.9 mi Public K-6 1 0
      Spectrum Center Schools - Jurupa Valley Elementary 3.9 mi Private K-4 0 0
      Patricia Beatty Elementary School 3.9 mi Public K-6 2 0
      Jackson Elementary School 4.0 mi Public PRESCHOOL-6 2 0
      Highland Elementary School 4.1 mi Public K-6 1 0
      Pacific Avenue Elementary School 4.1 mi Public K-6 2 0
      West Riverside Elementary School 4.1 mi Public K-6 1 5
      Riverside Stem Academy 4.2 mi Public 5-11 0 4
      Bethel Christian Schools 4.2 mi Private PRESCHOOL-12 0 0
      Liberty Elementary School 4.3 mi Public PRESCHOOL-6 1 0
      John F. Kennedy Elementary School 4.4 mi Public K-6 4 4
      Rubidoux High School 4.5 mi Public 9-12 2 3
      Indian Hills Elementary School 4.5 mi Public K-6 3 0
      Mission Middle School 4.6 mi Public 7-8 1 0
      Woodcrest Elementary School 4.6 mi Public K-6 3 0
      Harrison Elementary School 4.6 mi Public K-6 3 0
      Woodcrest Christian 4.6 mi Private 7-12 0 0
      Foothill Elementary School 4.7 mi Public K-5 1 0
      Bright Futures Academy, Riverside 4.7 mi Private K-12 0 0
      Frank Augustus Miller Middle School 4.9 mi Public 7-8 4 0
      Rustic Lane Elementary School 4.9 mi Public K-6 1 0
      Martin Luther King Jr. High School 5.0 mi Public 9-12 4 4
      Benjamin Franklin Elementary School 5.1 mi Public K-6 4 0
      Norte Vista High School 5.3 mi Public 9-12 2 3
      Myra Linn Elementary School 5.5 mi Public PRESCHOOL-5 2 0
      Nueva Vista Continuation High School 5.6 mi Public 10-12 0 0
      Mark Twain Elementary School 5.6 mi Public K-6 4 0
      Amelia Earhart Middle School 5.6 mi Public 7-8 4 0
      Highgrove Elementary School 5.8 mi Public PRESCHOOL-6 3 0
      Allan Orrenmaa Elementary School 5.8 mi Public K-5 2 0
      Arizona Middle School 5.8 mi Public 6-8 2 4
      Phillip M. Stokoe Elementary School 5.8 mi Public PRESCHOOL-5 1 0
      Valley View Elementary School 5.8 mi Public PRESCHOOL-5 1 0
      Wells Middle School 5.8 mi Public 6-8 1 0
      Terrace Elementary School 5.8 mi Public K-5 1 0
      La Granada Elementary School 5.8 mi Public K-5 1 0
      S. Christa Mcauliffe Elementary School 5.8 mi Public K-5 3 0
      Rosemary Kennedy Elementary School 5.8 mi Public K-5 2 0
      Collett Elementary School 5.8 mi Public PRESCHOOL-5 2 0
      Alvord Alternative Continuation High 5.8 mi Public 10-12 1 0
      Sunnyslope Elementary School 5.9 mi Public PRESCHOOL-6 2 0
      Tomas Rivera Elementary School 5.9 mi Public K-6 4 0
      Stone Avenue Elementary School 6.0 mi Public K-6 2 0
      Pedley Elementary School 6.2 mi Public PRESCHOOL-6 1 0
      Camino Real Elementary School 6.2 mi Public K-6 3 0
      Patriot High School 6.2 mi Public 9-12 3 3
      La Sierra High School 6.3 mi Public 9-12 3 3
      Glen Avon Elementary School 6.4 mi Public K-6 2 0
      Twinhill Elementary School 6.5 mi Public PRESCHOOL-5 1 0
      Jurupa Middle School 6.7 mi Public 7-8 2 0
      Loma Vista Middle School 6.8 mi Public 6-8 2 0
      La Sierra Academy 6.8 mi Private PRESCHOOL-12 0 0
      Lake Mathews Elementary School 6.8 mi Public K-6 4 0
      Cottonwood Montessori 7.0 mi Private PRESCHOOL-K 0 0
      Alvord Alternative Education Center 7.1 mi Public 9-12 3 3
      Alvord Continuation High School 7.2 mi Public 9-12 1 0
      Van Buren Elementary School 7.3 mi Public PRESCHOOL-6 1 0
      Lake Hills Elementary School 7.8 mi Public K-5 4 0
      Mira Loma Middle School 7.8 mi Public 7-8 2 4
      Granite Hill Elementary School 8.1 mi Public K-6 2 0
      Ysmael Villegas Middle School 8.4 mi Public 6-8 3 3
      Mission Bell Elementary School 8.5 mi Public K-6 1 0
      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: Onboard Informatics © 2016. School Performance data by SchoolDigger.com. School Review data by Niche.com.
      Local Weather for Riverside, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.