Here’s a summary of real estate activity in Riverside in August 2018:

SOLD LISTINGS

Price Range Aug 2018 Aug 2017 % Chg 2018 YTD 2017 YTD % Chg
0-999,999 1 2 -50 19 15 26.7
1,000,000-1,999,999 1 3 -66.7 22 27 -18.5
2,000,000-3,999,999 4 2 100 25 24 4.2
4,000,000-6,999,999 1 0 N/A 6 9 -33.3
7,000,000+ 0 0 0 2 1 100
Totals 7 7 0 74 76 -2.6

STATISTICS

  Aug 2018 Aug 2017 % Chg 2018 YTD 2017 YTD % Chg
Absorption Rate 11.2 8.54 31.15 10.58 9.43 12.20
Average Sale Price $3,107,571 $1,640,021 89.48 $2,400,383 $2,264,281 6.01
Median Sale Price $2,900,000 $1,285,000 125.68 $1,852,500 $1,600,000 15.78
Sale/Orig List Price Ratio 90.3% 89%        
Average CDOM 141 114 23.68 163 139 17.27
Median CDOM 65 70 -7.14 82 66 24.24

ACTIVE LISTINGS

Price Range Aug 2018 Aug 2017 % Chg 2018 YTD 2017 YTD % Chg
0-999,999 12 7 71.4 40 29 37.9
1,000,000-1,999,999 26 20 30 64 58 10.3
2,000,000-3,999,999 45 26 73.1 90 70 28.6
4,000,000-6,999,999 12 15 -20 27 33 -18.2
7,000,000+ 3 6 -50 6 9 -33.3
Totals 98 74 32.4 227 199 14.1

NEW LISTINGS

Price Range Aug 2018 Aug 2017 % Chg 2018 YTD 2017 YTD % Chg
0-999,999 0 1 -100 30 24 25
1,000,000-1,999,999 4 3 33.3 47 45 4.4
2,000,000-3,999,999 3 4 -25 72 51 41.2
4,000,000-6,999,999 0 1 -100 15 20 -25
7,000,000+ 0 0 0 3 4 -25
Totals 7 9 -22.2 167 144 16

Data Source:  Greenwich Association of REALTORS®

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Riverside Homes For Sale