2007 Snapshot Of Annual Sales Data
Single Family Homes - Riverside

ALL Single Family Homes Sales - Within The 06878 Zip Code - Riverside

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Calendar Year	# of Units Sold	Average Sale Price	Median Sale Price	Lowest Sale Price	Highest Sale Price	Average Time On Market	Sale Price/ List Price %
2004	149	$2,081,379	$1,550,000	$460,000	$13,300,000	86 days	95.5%
2005	116	$1,888,202	$1,670,250	$595,000	$5,000,000	136 days	97.7%
2006	114	$1,908,541	$1,623,000	$675,000	$6,400,000	116 days	97.9%
2007	89	$2,271,545	$1,895,000	$685,000	$12,000,000	154 days	96.7%

NOTES:

1. Average time on the market was just over 5 months (154 days)
2. 89 transactions is a pace of almost 7.5 sales per month.
3. The sale price/list price ratio was 96.7% which means that most homes are selling within 3.3% of their asking prices.

Special Note: When considering averages, it is important to keep in mind that, statistically speaking, a person standing with one foot in a roaring fire and the other foot in a bucket of ice water, is ("on the average") said to be quite comfortable.

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© Copyright 2007 William Boeckelman Publications