Find the best homes for sale in Orangecrest CA today!
The housing market in Orangecrest is highly competitive. Last month, the median sale price for a home in Orangecrest was $715K, marking a 3.4% decrease from the previous year. Furthermore, the median sale price per square foot saw a significant drop to $255, which is a 17.7% decrease compared to the previous year.
Here are some questions our clients are asking us.
As of May 2023, the housing market in Orangecrest has experienced some changes compared to the previous year. The median home price has decreased by 3.4%, with homes selling for a median price of $715K. Homes in Orangecrest have been on the market for an average of 34 days before selling, which is longer compared to the 19-day average of the previous year. Additionally, the total number of homes sold has also declined, with 47 homes sold in May this year compared to 78 in the same month the previous year.
The Orangecrest housing market is highly competitive. Homes typically sell in approximately 32 days, and many properties receive multiple offers, some even with waived contingencies. On average, homes sell for about 1% above their list price and usually go pending in around 32 days. Particularly sought-after, or "hot," homes can sell for about 3% above their list price and may go pending in as few as 8 days.
Yes, Orangecrest, located in Riverside County, is regarded as one of the best places to live in California. The area offers a unique blend of a sparse urban atmosphere, making it neither too crowded nor too isolated. In Orangecrest, the majority of residents are homeowners, contributing to the strong community feel and stability of the area.
Low inventory and multiple offers are key indicators of a possible bidding war.
10/13/23 | Walter Brimm
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10/13/23 | Walter Brimm
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