$10,000 Closing Credit*
$875,000
1,296 SqFt
3 Beds
•2 Full Baths
Lenny Spangler, Listing Office: HCM Real Estate
Is Riverview West, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Riverview West has remained a Seller's Market.
Key Takeaway
Riverview West is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Riverview West, CA
How much do homes in Riverview West, CA cost?
Median Sold Price
$794,500
$587/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$92,500(+13.2%)
Key Takeaway
Homes in Riverview West have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in Riverview West was $794,500 in September 2024, up 13.2% from last year, and the median price per square foot was $587.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $409K | - | N/A |
| 2 Bedrooms | $497.5K | $500K | 0.5% |
| 3 Bedrooms | $710K | $762.6K | +7.4% |
| 4 Bedrooms | $882.2K | $911.5K | +3.3% |
| 5+ Bedrooms | $942.5K | $1.2M | +30.5% |
Summary: Riverview West housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 3.3%, and 5+ bedroom homes increased by 30.5%.
Housing Supply in Riverview West, CA
How many homes are available in Riverview West, CA?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 25 | 27 | +8.0% |
Summary: The Riverview West real estate market had 27 homes for sale in September 2024, a 8.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 7 | +40.0% |
| 3 Bedrooms | 12 | 11 | -8.3% |
| 4 Bedrooms | 7 | 8 | +14.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Riverview West housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 40%, 3 bedroom homes decreased by 8.3%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 7 | +16.7% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Riverview West, you could pay more than the asking price. 57.1% of homes here sold above asking price last month.
Summary: A total of 7 homes were sold or pending in Riverview West in September 2024, up by 16.7% month-over-month. Of the 7 sold homes, 0% were sold under asking, 43% were sold at asking, and 57% were sold over asking.
Days on Market for Riverview West, CA
How long does it take to sell a home in Riverview West, CA?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 14 Days | 0 Days | -103.1% |
Summary: Homes in Riverview West had an average of 0 days on market in Sep 2024, down by 103.1% compared to last year.
Breakdown of Home Sale Times
7 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Riverview West are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 7 homes were sold in Riverview West; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.