Moreno Valley, CA Market Statistics for May 2011
By Eric Fischer, Moreno Valley, CA Realtor
(Coldwell Banker Pioneer Real Estate)
Hey Everyone, Here are your Market Statistics for Moreno Valley, CA for May 2011: Sales: During the month of May, we saw 248 residential sales in the City of Moreno Valley. This number is down 5.3% from last month and down 23% from this time last year. The average sale price for the month came in at $161,012 which is up 4.5% from last month and down 3.1% this time last year. The good news out of this is that property values citywide are up 14.7% May of 2009. Listings: 370 New Residential listings came on the market during the month. Out of these properties, 107 were standard equity listings, 124 were bank-owned or real estate owned, 138 were short sales, and 1 probate listing. The total number of new listings are up 7.2% from last month but down 10.8% from this time last year. The aver...
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