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 May. The number of active listings was down 24% from one year earlier, and down 10% 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 390-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 27%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 310-thousand dollars. The number of units sold increased 2% year-over-year, and decreased 1% month-over-month. Higher year-over-year figures indicate that more buyers have been finding what they're looking for. 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: 316,603
  • Median Age: 29.29 yr
  • Median Commute Time: 21.23 mins
  • Educational Climate*: 3
  • Sales Tax: 8%
  • Population Density: 3,902/sq mi
  • Population Change Since 2000: 22.86%
  • Closest Airport: Ontario International
  • Closest College: California Baptist University
  • Closest Jr. College: Riverside Community College-riverside
  • Median Household Income: $58,061
  • Annual Residential Turnover: 18.35%
  • Median Years in Residence: 3.34 yr
  • Median Home Sales Price: $191,000
  • Closest Major Sports Team: Anaheim Ducks
  • Change Avg. Household Income Since 2000: 38%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Riverside, CA
Median Age: 29.29 Married: 26% Number of Households: 95,150 Households with Children: 39,890
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
      Calif School For The Deaf 0.2 mi Public K-12 1 3
      Victoria Elementary 0.3 mi Public K-6 2-5 5
      Raincross High (cont.) 0.3 mi Public 9-12 0 2
      Riverside Unified Independent Study 0.3 mi Public K-12 0 4
      Gage (mathew) Middle School 0.4 mi Public 7-8 3 4
      Riverside Christian Day School 0.7 mi Private K-6 0 5
      Washington Elementary 0.7 mi Public K-6 3-5 4
      Polytechnic High School 0.8 mi Public 9-12 3 4
      Montessori Academy 0.8 mi Private PRESCHOOL-4 0 5
      Pachappa Elementary 0.9 mi Public K-6 3 4
      Notre Dame High School 0.9 mi Catholic 9-12 0 3
      St Catherine Of Alexandria School 0.9 mi Catholic PRESCHOOL-8 0 4
      Alcott Elementary 1.1 mi Public K-6 3 4
      Riverside Montessori Academy 1.1 mi Private PRESCHOOL-3 0 3
      Immanuel Lutheran Elementary 1.3 mi Private PRESCHOOL-6 0 4
      Magnolia Elementary 1.4 mi Public PRESCHOOL-6 3 4
      Growing Place 1.5 mi Private PRESCHOOL-6 0 5
      Madison Elementary 1.6 mi Public PRESCHOOL-6 3 4
      Sierra Middle School 1.8 mi Public 7-8 2 3
      Our Lady Of Perpetual Help 1.8 mi Catholic PRESCHOOL-8 0 5
      Central Middle School 1.9 mi Public 7-8 2 3
      All Saints' Carden Academy 1.9 mi Private K-8 0 5
      Ramona High School 1.9 mi Public 9-12 3 3
      Lincoln (abraham) Continuation 2.0 mi Public 9-12 0 4
      St Francis De Sales School 2.1 mi Catholic PRESCHOOL-8 0 4
      Emerson Elementary 2.1 mi Public PRESCHOOL-6 2 3
      Castle View Elementary 2.2 mi Public K-6 3 4
      Mountain View Elementary 2.4 mi Public K-6 2 3
      Jefferson Elementary 2.4 mi Public PRESCHOOL-6 2-5 3
      Longfellow Elementary 2.6 mi Public PRESCHOOL-6 2 4
      Monroe Elementary 3.0 mi Public K-6 2-5 4
      Taft (william Howard) Elementary 3.0 mi Public K-6 3 4
      Bryant Elementary 3.1 mi Public K-6 3 4
      Riverside Christian Schools 3.1 mi Private PRESCHOOL-12 0 4
      Harvest Christian 3.1 mi Private PRESCHOOL-6 0 5
      Adams Elementary 3.2 mi Public K-6 2-5 4
      North (john W.) High School 3.3 mi Public 9-12 2-5 3
      Hawthorne Elementary 3.4 mi Public PRESCHOOL-6 2-5 5
      Islamic Academy Of Riverside 3.5 mi Private PRESCHOOL-6 0 4
      Peralta Elementary 3.6 mi Public K-6 2 4
      Arlington High School 3.6 mi Public 9-12 2 3
      Fremont Elementary 3.7 mi Public PRESCHOOL-6 1 3
      St Thomas The Apostle School 3.7 mi Catholic K-8 0 5
      University Heights Middle School 3.8 mi Public 7-8 2 3
      Patricia Beatty Elementary 3.9 mi Public K-6 3 4
      Highland Elementary 4.1 mi Public K-6 2-5 3
      West Riverside Elementary 4.2 mi Public K-6 2 3
      Pacific Avenue Elementary 4.2 mi Public K-6 2 3
      Sunshine Special Education 4.2 mi Public PRESCHOOL-PRESCHOOL 0 5
      Bethel Christian Schools 4.2 mi Private PRESCHOOL-12 0 4
      Apple Tree Learning Center 4.2 mi Private K-6 0 4
      Liberty Elementary 4.4 mi Public PRESCHOOL-6 2 3
      John F Kennedy Elementary 4.4 mi Public K-6 4-5 5
      Somerset Educational Services 4.5 mi Private K-12 0 2
      Indian Hills Elementary 4.5 mi Public K-6 3-5 3
      Rubidoux High School 4.5 mi Public 9-12 2 3
      Woodcrest Elementary 4.6 mi Public K-6 3 4
      Woodcrest Christian 4.6 mi Private 7-12 0 3
      Harrison Elementary 4.6 mi Public K-6 2-5 2
      Mission Middle School 4.7 mi Public 7-8 1 3
      Foothill Elementary 4.7 mi Public K-5 1 4
      Frank Augustus Miller Middle School 4.9 mi Public 7-8 4 4
      King (martin Luther Jr.) High School 5.0 mi Public 9-12 3-5 3
      Franklin (benjamin) Elementary 5.1 mi Public K-6 4 4
      Arlanza Elementary 5.1 mi Public K-5 0 3
      Wells Middle School 5.2 mi Public 6-8 1 3
      Montessori Children's House 5.5 mi Private PRESCHOOL-3 0 5
      Camino Real Elementary 5.5 mi Public K-6 4 5
      Mark Twain Elementary 5.6 mi Public K-6 3-5 4
      Nueva Vista Continuation High School 5.6 mi Public 11-12 0 3
      Earhart (amelia) Middle School 5.6 mi Public 7-8 3-5 4
      Rivera (tomas) Elementary 5.8 mi Public K-6 4 5
      Loma Vista Middle School 5.8 mi Public 6-8 2-5 3
      Myra Linn Elementary 5.8 mi Public PRESCHOOL-5 3 4
      Collett Elementary 5.8 mi Public PRESCHOOL-5 2 4
      S Christa Mcauliffe Elementary 5.8 mi Public K-5 3 4
      La Granada Elementary 5.8 mi Public K-5 1 4
      Valley View Elementary 5.8 mi Public PRESCHOOL-5 2 3
      Terrace Elementary 5.8 mi Public K-5 1 2
      Phillip M Stokoe Elementary 5.8 mi Public PRESCHOOL-5 1 3
      Sunnyslope Elementary 5.8 mi Public PRESCHOOL-6 2 4
      Immanuel Baptist School 6.0 mi Private 1-12 0 4
      Stone Avenue Elementary 6.0 mi Public K-6 3 4
      Arizona Middle School 6.1 mi Public 6-8 3 4
      La Sierra High School 6.3 mi Public 9-12 3 3
      Kennedy (rosemary) Elementary 6.4 mi Public K-5 3 4
      Glen Avon Elementary 6.4 mi Public K-6 2-5 3
      Twinhill Elementary 6.6 mi Public K-5 1 3
      Jurupa Middle School 6.7 mi Public 7-8 3 3
      Allan Orrenmaa Elementary 6.7 mi Public K-5 2 4
      La Sierra Academy 6.8 mi Private K-12 0 4
      Lake Mathews Elementary 6.9 mi Public K-6 4-5 4
      Alvord Continuation High School 7.2 mi Public 9-12 0 4
      Mira Loma Christian School 7.4 mi Private K-12 0 5
      Lake Hills Elementary 7.7 mi Public K-5 4 5
      Mira Loma Middle School 7.8 mi Public 7-8 2-5 3
      Somerset Academy 7.8 mi Private K-6 0 2
      Granite Hill Elementary 8.1 mi Public K-6 3 5
      Ysmael Villegas Middle School 8.4 mi Public 6-8 3 3
      Mission Bell Elementary 8.5 mi Public K-6 2 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 © 2015
      Local Weather for Riverside, CA
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 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.