Is Ramona - Riverside, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Ramona - Riverside has remained a Seller's Market.
Housing Prices in Ramona - Riverside, CA
How much do homes in Ramona - Riverside, CA cost?
Median Sold Price
$575,000
$429/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Ramona - Riverside was $575,000 in April 2024, up 5.5% from last year, and the median price per square foot was $429.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $342K | $467.5K | +36.7% |
3 Bedrooms | $535K | $575K | +7.5% |
4 Bedrooms | $570K | $600K | +5.3% |
5+ Bedrooms | $606K | $620K | +2.3% |
Summary: Ramona - Riverside housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 36.7%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 2.3%.
Median Sold Price Compared To Nearby Neighborhoods
Ramona - Riverside | $545K | $575K | +5.5% |
Arlington | $529K | $554.5K | +4.8% |
Casa Blanca | $509K | $515.5K | +1.3% |
Housing Supply in Ramona - Riverside, CA
How many homes are available in Ramona - Riverside, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
34 | 31 | -8.8% |
Summary: The Ramona - Riverside real estate market had 31 homes for sale in April 2024, a 8.8% decrease compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 3 | 2 | -33.3% |
3 Bedrooms | 21 | 18 | -14.3% |
4 Bedrooms | 8 | 9 | +12.5% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Ramona - Riverside housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 14.3%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
13 | 12 | -7.7% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
9 Homes Were Sold
Over Asking
Summary: A total of 12 homes were sold or pending in Ramona - Riverside in April 2024, down by 7.7% month-over-month. Of the 12 sold homes, 17% were sold under asking, 8% were sold at asking, and 75% were sold over asking.
Days on Market for Ramona - Riverside, CA
How long does it take to sell a home in Ramona - Riverside, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
25 Days | 20 Days | -21.0% |
Summary: Homes in Ramona - Riverside had an average of 20 days on market in Apr 2024, down by 21% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 12 homes were sold in Ramona - Riverside; 83% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.