Riverside has the beautiful UCR Botanic Gardens, with 39 acres of flowers, trees, woods, and gardens. There are also hiking trails, spots for picnics, and perfect places just to sit and meditate.  Also, there is a Castle Amusement Park which offers rides and attractions, four 18-hole miniature golf courses and a three-level video arcade. Third, you should walk to the top of Riverside's most historic landform and site of the nation's first outdoor interdenominational Easter Sunrise Service in 1909. Mount Rubidoux overlooks downtown, from this vantage point it is obvious there is lots to see and do here. There are over museums and galleries in Riverside, including Riverside Metropolitan Museum, Mission Inn Museum etc.

Riverside’s School Districts have their top five best schools, with the rating of 9 for two out of five[the highest rating possible being ten] These ratings are on based on the schools test scores. For example, Immanuel Lutheran Elementary School was rated 4 out of 5 by parents. One parent wrote this “This is a fine school with extraordinary faculty, great morale, gifted teachers and an outstanding principal. The new pastor came largely because of the school and is committed to maintaining its excellence.”

This is a discussion on the sales prices for homes sold recently as compared to last year. In the past 90 days, there have been 168 homes that have sold and closed escrow in Riverside, CA. These homes range in prices from a low of $88,000 for a 4 bedroom, 2 bath, and 1340 square foot home on 7805 Railroad Ave. With a high price of $730,000 for a 4 bedroom, 5 baths, and 4500 square foot home on 16085 Reiner Cr. The average sold price is $257,622 the average price per square foot is $143 and the average days on market are 71 days. 

During this same 90 day period last year, there were  45 homes that sold and closed escrow in Riverside, California. These homes ranged in price from $235,000 for a 3 bedroom, 1 bath, and 1000 square foot home on 5621 Dean Wy. Up to the high price of $1,159,000 for a 4 bedroom, 4 baths, 4619 square foot home on 16187 Graceful Ct RSVD. The average price of these sold homes one year ago was $405,061 and the average price per square foot was $233. Also, the average days on the market were 75 days. Comparing these figures to the current market are the following; the average price has decreased by 36% and the average price per square foot decreased by 38%.

This is a drop in prices do to the correction in the market, high inventory and increase in foreclosures, which is a good deal for buyers. The market decreasing in prices was a small change compared to other areas in San Diego. The decrease in sales activity shows a lower demand in Riverside, CA. The total picture shows signs of good stability for Riverside, because the prices didn’t drop that much. Due to the low interest rates and low prices there has been a lot of activity including multiple offers on properties, especially bank owned.

5498 Baywood Riverside, CALIFORNIA 92504

Price: $200,000

3 Bedrooms, 2 Bathrooms 1334 Square Ft.

Beautiful 1-story home with vaulted ceilings in a fabulous neighborhood, with wood and stone flooring, custom paint, window blinds, ceiling fans, and a back yard ready to entertain your family for the up coming holidays. This home is in fantastic condition, in fact it's ready for move-in and priced right. Lots of extra storage space in the garage. The bank wants to sell this quick!!!

 

If you would like to view all homes, condos or bank owned foreclosures (REO) short sales, listed for sale, please visit our website at:  County Properties Real Estate