I check the new listings and sold houses in Riverside and Corona just about every single day. Since I’m “in there” (the multiple listing service) so much, it seems like a good idea to put together a list of my favorite hot buys of houses currently for sale in Riverside California. Below is the list of my top 10 favorite houses for sale in Riverside priced between $200,000 and $250,000 as of today, November 16, 2011.
| Address and Zip Code |
List Price |
House Size |
Type of Sale |
| 7910 Olivia, 92509 | $204,300 | 2096 sq ft | REO ** |
| 5360 Dunlop, 92505 | $209,900 | 1378 sq ft | Standard |
| 10815 Kloiber St, 92505 | $209,900 | 1411 sq ft | Standard |
| 5182 Sierra Cross, 92509 | $210,000 | 1672 sq ft | Standard |
| 5150 Hallmark, 92505 | $214,900 | 1672 sq ft | Standard |
| 19774 Westerly, 92508 | $219,900 | 1800 sq ft | REO** |
| 290 W. Campus View, 92507 | $219,900 | 1572 sq ft | Standard |
| 3303 Mulberry, 92501 | $229,900 | 2128 sq ft | REO ** |
| 19324 Krameria, 92508 | $229,950 | 1541 sq ft | Standard |
| 9240 Tamarisk, 92503 | $249,000 | 1730 sq ft | Standard |
**REO stands for real estate owned or bank owned – other terms for foreclosure
More details on the houses for sale on my list Find out about current real estate activity in Riverside.
Even though some of the best deals on the market are short sales, no short sales were included in the results of this search. I didn’t include them because the list prices of short sales often do not correspond very closely to the price that the banks (lien holders) will ultimately accept for these houses. Don’t get me wrong, I like short sales. Some of my buyers have gotten great houses that were short sales and I like helping people sale in financial trouble by listing and selling their sale short houses.
If you are thinking of buying or selling a home in Riverside or Corona or other nearby Inland Empire cities, contact me at vicki@pedersen-team.com or 951-840-5212. Visit my website for lots of resources and tips and search thousands of properties for sale.
Written and posted by: Vicki Pedersen, ABR, GRI, CDPE -- Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715
Copyright © 2011 by Vicki Pedersen, All Rights Reserved.*Hot Buys, Riverside CA November 2011 *
| As of November 7, 2011 |
Active Listings |
% of Total | Pending Listings |
% of Total | Sold Listings (in the last 30 days) |
% of Total |
| Standard Sales |
294 |
36.6% | 80 |
21.1% | 80 |
36.8% |
| Bank Owned (REO) |
88 |
11% | 93 |
24.5% | 59 |
27.1% |
| Short Sales |
419 |
52.2% | 198 |
52.2% | 78 |
36.0% |
| Other |
1 |
.12% | 8 |
2.1% | 0 |
|
| Total |
802 |
379 |
217 |
Here is a snapshot of what is currently happening in Corona CA in residential real estate. This chart includes only single family residences. Short sales are still the major part of the market right now based on the continuing high numbers of short sales for sale and pending short sales. There is a fewer percentage of sold short sales because they take longer to close and some of the short sales do not close successfully. (I did not include the many short sales currently in back-up status in this chart.) There are also a lot of standard sales and many of those are flip properties. This is where an investor has bought the house, fixed it up or rehabbed it, and then put it on the market for sale. Many buyers are looking for flipped properties since they don't have the time nor money to fix up a house themselves. I have worked with a number of buyers throughout 2011 who have bought a flipped property. Many buyers are looking for such properties because they dont have the cash nor time to fix up a house that needs it.
Also I want to mention one more thing about Corona real estate: the average list price of all the residential properties that sold in October 2011 was $313,728 which is really only slightly higher than the average sold price of $311,000. Buyers, this means that you probably won't be able to come in with a low ball offer unless the house has been on the market for a very long time.
Check out the Riverside market activity
If you are thinking of buying or selling a home in Riverside or Corona or other nearby Inland Empire cities, contact me at vicki@pedersen-team.com. Visit my website. Search thousands of properties for sale.
Written and posted by: Vicki Pedersen, ABR, GRI Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715
Copyright © 2011 by Vicki Pedersen, All Rights Reserved.*Real Estate Activity - Corona CA *
|
As of November 7, 2011 |
Active Listings |
% of Total | Pending Listings |
% of Total | Sold Listings (in the last 30 days) |
% of Total |
| Standard Sales |
447 |
40% | 156 |
22.7% | 103 |
33.6% |
| Bank Owned Sales (REO) |
167 |
15% | 174 |
25.3% | 105 |
34.3% |
| Short Sales |
505 |
45% | 346 |
50.3% | 98 |
32.0% |
| Other |
4 |
.035% | 11 |
1.6% | 0 |
|
| Total |
1123 |
687 |
306 |
People are often curious about what is happening in real estate in their community. Here is a snapshot of real estate in Riverside CA. This chart includes listings and sales of single family residences only. Short sales are still the dominating force of the market right now based on the continuing high numbers of short sales for sale and pending short sales. (I did not include the many short sales in back-up status currently in this chart.) There are also a lot of standard sales and many of those are flip properties. Flips are where investors buy houses (usually short sales and foreclosures) fix them up and then put it on the market for sale. They can be wonderful for buyers who don't have the time or cash to fix up a house themselves, particularly first time buyers. Severall of my buyer clients have bought flips in 2011. They can have some unique challenges with financing, though. I particularly like to show flipped houses to my first time buyers.
And here is a little more information on Riverside CA real estate, 344 houses/condos were sold during October 2011. The average list prices of those sold houses was $210,171. Compare this to the average sold price of $205,256.
Check out Corona CA real estate activity
If you are thinking of buying or selling a home in Riverside or Corona or other nearby Inland Empire cities, contact me at vicki@pedersen-team.com. Visit my website. Search thousands of properties for sale.
Written and posted by: Vicki Pedersen, ABR, GRI Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715
Copyright © 2011 by Vicki Pedersen, All Rights Reserved.*Real Estate Activity - Riverside CA *

If you are interested in current real estate activity in Victoria Grove Riverside CA, read on. This information is as of October 6, 2011. Victoria Grove is a beautiful gated community in the Southwest part of Riverside California - near Lake Mathews. It is about about three miles south of the 91 freeway on La Sierra Ave. It is a very nice community with wonderful residents and great community amenities - and is one of my favorite neighborhoods in Riverside.
Active Listings
There are 24 houses currently for sale (active listings on the multiple listing service) right now in Victoria Grove in Riverside California. Of the houses currently for sale, 12 are short sales and 12 are standard sales. There aren't any REO (bank owned - foreclosure) listings right now. Out of the 12 standard sales, it looks like seven of those are flips (where an investor buys a foreclosure, fixes them up and then sells them). The least expensive house currently for sale is listed at $265,000 and is 2917 sq ft and the highest price Victoria Grove house is a standard sale that is listed at $429,900. Let me know if you are interested in receiving the active listings in Victoria Grove. 
Houses in Escrow and Accepting Back-up Offers
There are currently 17 houses listed as "pending" which typically means that they are in escrow or "back-up" status - usually meaning that the seller has accepted an offer but they are accepting back-up offers. There are 13 short sales, three REO (bank owned - foreclosure) listings and one standard sale. The highest price house in back-up is a 4403 sq ft house listed for $485,000 and the least expensive is a 2746 sq ft house listed for $279,900.
Closed Homes
Victoria Grove had a total of 13 houses close (sold) in the last 60 days. Of those, six were short sales, four were foreclosures and there were three standard sales. The most expensive house sold for $480,000 (a 4176 sq ft house) and the least expensive was a 2758 sq ft fixer upper that sold for $250,000. (I know that it was a fixer upper because I showed it.) I have clients who just closed on their beautiful new Victoria Grove house last week and they are so excited about the house and they love the neighborhood.
Victoria Grove, in Riverside CA is a wonderful neighborhood. If you would like to learn more about Victoria Grove or see photos of the neighborhood/amenities, go to my blog about Victoria Grove. Call me if you are thinking of selling your Victoria Grove house or of buying a house in this terrific community. Visit my website at Pedersen-Team.com. You can contact me at 951-840-5212 or vicki@pedersen-team.com
If you are thinking of buying or selling a home in Riverside or Corona or anywhere in the Inland Empire, contact me at vicki@pedersen-team.com. Visit my website. Search thousands of properties for sale.
Written and posted by: Vicki Pedersen, ABR, Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715
Copyright © 2011 by Vicki Pedersen, All Rights Reserved.*Victoria Grove - Riverside CA - Current Real Estate Activity *
Riverwalk - Riverside CA is a beautiful community in the southwestern part of Riverside, California. It is in a convenient location close to the 91 freeway, near Pierce and Collett. It is also close to shopping, schools and La Sierra University. Riverwalk homes were built over several years - from about 2001 through 2005. Riverwalk - Riverside CA
I really like Riverwalk and its great location. I have buyer clients who just closed on a terrific REO house this week in Riverwalk and they are very excited about their new house.
Call me if you are thinking of buying or selling a house in Riverwalk or anywhere in Riverside or Corona. You can reach me at 951-840-5212or contact me by e-mail at vicki@pedersen-team.com or visit my website Pedersen-Team.com
Written and posted by Vicki Pedersen, Pedersen Real Estate, DRE# 01435175. Copyright ©2011 by Vicki Pedersen, All Rights Reserved. *Riverwalk - Riverside CA*
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