In this California housing market update I will be covering the July and August 2021 real estate market for Moreno Valley California, which is located in Riverside county.
According to the California Regional Multiple Listing Service (CRMLS), as of August 29, 2021 Currently there are 130 single family residence homes for sale in Moreno Valley CA. They are selling between $320,000 - $1,950,000
In Moreno Valley California there are currently 294 homes in escrow, they are either in pending status or are accepting back up offers.
Last month in July 2021, in Moreno Valley CA, there were 169 single family residence homes sold, they ranged in price from $291,000 to $830,000 .
Homes are selling very fast right now, according to the California Regional Multiple Listing Service, in July 2021 homes had an average median of 9 days on the market.
We are experiencing a very competitive market, as there is a strong demand coupled with low inventory that is producing higher prices currently.
It is still too early to tell where the market is heading this year. Make sure you follow my channel to see if the California Housing Market remains consistent and steady, if we are headed for a Housing Market Crash or if we keep climbing.
If you have any questions please leave them in the comments. If you are interested in discussing listing your home for sale, please contact me, thank you and hope you have a wonderful day.
Disclaimer: All the information provided is deemed reliable, but is not guaranteed and should be independently verified.