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Vicki Pedersen - Riverside and Corona CA Realtor

Real Estate Housing Market for Corona CA - July 2009


Here is a look at what is happening as of August 3, 2009 in residential real estate in Corona, CA. There are currently 523 active listings for single family homes for sale (condos are not included in the information in this blog). The information below is organized by Corona CA zip codes. The average list price of sold homes shows the average price as listed on the multiple listing service and the average sold price shows the average actual sales prices.

92879 July 2009
Number of houses for sale 90
Number of houses in escrow 137
Number of sold houses 42
Average list price of sold houses $238,643
Average sold price of houses $240,112

92880 July 2009
Number of houses for sale 135
Number of houses in escrow 302
Number of sold houses 84
Average list price of sold houses $344,241
Average sold price of houses $350,259

92881 July 2009
Number of houses for sale 68
Number of houses in escrow 105
Number of sold houses 46
Average list price of sold houses $353,114
Average sold price of houses $353,570

92882 July 2009
Number of houses for sale 100
Number of houses in escrow 187
Number of sold houses 69
Average list price of sold houses $286,596
Average sold price of houses $288,884

92883 July 2009
Number of houses for sale 129
Number of houses in escrow 215
Number of sold houses 69
Average list price of sold houses $325,494
Average sold price of houses $327,333

If you would like to learn more about real; estate in Corona CA, you can contact me at vicki@pedersen-team.com Click here to visit my website.

Search for homes What's my home worth?

Written and posted by: Vicki Pedersen, ABR, ASP, Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715 -- Phone: 951-840-5212 vicki@pedersen-team.com Be sure to visit my website.

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Real Estate in Victoria Grove, Riverside CA

Victoria Grove houses Here is a brief snapshot of the current real estate market in Victoria Grove, a wonderful gated community in the southwestern part of Riverside CA as of July 28, 2009.

9 Active Listings

  • Priced from $308,900 to $449,944
  • 4 short sales, 2 bank-owned, 3 standard sales


21 in Escrow

  • Priced from $269,900 to $495,000
  • 11 short sales, 6 bank-owned, 4 standard sales


11 Sold (Within the Last 60 days)

  • Priced from $255,000 to $440,000
  • 3 short sales, 5 bank-owned, 3 standard sales

Click here to learn more about Victoria Grove.

Victoria Grove


Click here to read a blog all about Victoria Grove.

Victoria Grove, in Riverside, CA is a wonderful neighborhood. It is actually one of my favorite neighborhoods in Riverside. If you would like to learn more about Victoria Grove or see photos of the neighborhood/amenities. You can contact me at vicki@pedersen-team.com if you would like more details about the market in Victoria Grove or anywhere in Riverside CA Click here to visit my website.

Search for homes What's my home worth?

Written and posted by: Vicki Pedersen, ABR, ASP, Pedersen Real Estate, Riverside/Corona, California, DRE# 01435715 -- Phone: 951-840-5212 vicki@pedersen-team.com Be sure to visit my website.

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Foreclosures & Short Sales Listings in Riverside CA

How many foreclosures and/or short sales are on the market right now in Riverside, California? Here is a breakdown of the current active listings (for single family homes) in Riverside as of July 16, 2009.

Total number of listings 1124
Bank-owned (or foreclosure) listings 234
Short sale listings 494
Standard sale and probate sale 292
Not specified 104


As you can from the numbers above, there are more than twice as many short sales as foreclosures.

If you are worried about losing your home to foreclosure, don't wait to act. Contact your lender regarding a loan modification. If you don't seem to get anywhere with your bank, keep trying, be persistent. If this doesn't work, contact an experienced Realtor regarding the possibility of doing a short sale. There is no cost to you to hire a Realtor to do a short sale and there are no closing costs for the homeowner with a short sale - the bank pays the commissions and closing fees. Foreclosures should be avoided at all costs. There is no upside to foreclosure.

Read this for tips on buying a bank-owned home.

If you would like to learn more about short sales or foreclosures or would like to receive listings of houses for sale in Riverside, CA or anywhere in the Inland Empire, let me know. Click here to visit my website.


Search for homes What's my home worth?

Written and posted by: Vicki Pedersen, ABR, ASP, Pedersen Real Estate, Riverside/Corona, California, 951-840-5212 vicki@pedersen-team.com Visit my website.

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Riverside CA Real Estate Report - June 2009

Here is the latest look at Riverside California residential real estate. These tables show real estate sales for single family homes in Riverside CA in June 2009. There are a lot of home buyers right now but the number of houses for sale continues to decrease each month.  Compare the large drop from the first quarter of 2009 to June.  Suprisingly, in spite of the demand, the prices of houses overall continues to decline compared to the first quarter of 2009.

The number of active listings and pending listings is as July 4, 2009. The average list price of sold homes means the average price of the homes at the time they went into escrow (but not necessarily what they actually sold for). You can compare that to the the average price that homes actually sold for.

92501 June 2009 1st Qtr 2009
Average
Number of houses for sale 63
113
Number of houses in escrow 48
55
Number of sold houses 29
23
Average list price of sold houses $150,890 $167,141
Average sold price of houses $151,197 $159,893


92503 June 2009 1st Qtr 2009
Average
Number of houses for sale 250
449
Number of houses in escrow 320
247
Number of sold houses 119
92
Average list price of sold houses $198,950 $204,534
Average sold price of houses $200,930 $211,891


92504 June 2009 1st Qtr 2009
Average
Number of houses for sale 160
282
Number of houses in escrow 160 123
Number of sold houses 78
53
Average list price of sold houses $170,039 $178,944
Average sold price of houses $173,949 $176,277


92505 June 2009 1st Qtr 2009
Average
Number of houses for sale 93
188
Number of houses in escrow 121 103
Number of sold houses 42 42
Average list price of sold houses $171,896 $201,940
Average sold price of houses $175,066 $200,221


92506 March 2009 1st Qtr 2009
Average
Number of houses for sale 140
207
Number of houses in escrow 102
96
Number of sold houses 43
36
Average list price of sold houses $316,069 $263,870
Average sold price of houses $308,339 $257,5


92507 June 2009 1st Qtr 2009
Average
Number of houses for sale 98
157
Number of houses in escrow 68 57
Number of sold houses 41
27
Average list price of sold houses $156,963 $181,269
Average sold price of houses $158,113 $173,913


92508 June 2009 1st Qtr 2009
Average
Number of houses for sale 75
175
Number of houses in escrow 117 99
Number of sold houses 60
37
Average list price of sold houses $277,244 $309,635
Average sold price of houses $280,996 $305,501


92509 June 2009 1st Qtr 2009
Average
Number of houses for sale 211
343
Number of houses in escrow 215
182
Number of sold houses 99
73
Average list price of sold houses $164,466 $173,944
Average sold price of houses $165,676 $173,451


If you can afford it, now it a great time to buy a house.  Don't miss out on the low housing prices, low credit rates and the $8000 tax credit for first time buyers.

If you have any questions about the real estate market in Riverside or Corona or would like to get help with buying a home, please contact me at vicki@pedersen-team.com.   my website.

Search for homes                                     What's my home worth?

Written and posted by: Vicki Pedersen, ABR, Pedersen Real Estate, Riverside/Corona, California, 951-840-5212  vicki@pedersen-team.com     Visit my website.

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Riverside CA Real Estate - Weekly Report - June 29, 2009

Houses and Condos for Sale in Riverside CA


Single family homes
Number of active listings                            1121
Number of listings in escrow                      1206
Number of listings that sold last week            39

Condos/Townhomes
Number of active listings                                68
Number of listings in escrow                           59
Number of listings that sold last week            13

The market is really hopping right now.  There are lots of buyers out there ready to take advantage of a terrific time to buy a home  - with very low home prices, low interest rates and the $8000 tax credit for first time buyers.  If you've been thinking about buying a house and can afford one, don't let the opportunity pass by.

Search for homes                          What's my home worth?               

Written and posted by: Vicki Pedersen, ABR, Pedersen Real Estate, Riverside/Corona, California, 951-840-5212  vicki@pedersen-team.com     Visit my website. logo



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