March 2024 Real Estate Report

Homes For Sale
290 Total
Homes For Sale
Homes added
124 Homes
Added to the Market
Homes For Sale
115 Homes
Sold
Compared to Previous Month
22%
More Homes For Sale
home chart
37%
More Homes Sold
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Last month in March, housing in Moreno Valley, CA ended with 124 homes being added to the market for sale, for a cumulative monthly total of 290 homes for sale - up 22% compared to February. Moreno Valley, CA had a total of 115 homes sold for the month - up 37% from the month prior.

Detached led the way in homes sold with a total of 108 - up 39%, while attached totaled 7 in closed sales - up 14% from the month of February. The number of detached properties sold under 1500 square feet totaled 36 for the month of March, while homes from 1500 to 2000 square feet recorded 37 sales and homes sized from 2000 to 2500 square feet had 17 sales. While homes from 2500 to 3000 square feet square feet recorded 11 homes sold and homes from 3000 to 3500 square feet had 5 sales, while homes in the 3500 to 4000 square feet range totaled 1 homes sold. Homes over 5500 square feet recorded 1 homes sold. The following ranges for detached homes all had no sales: 4000 to 4500, 4500 to 5000.

The number of attached homes sold under 1500 square feet numbered 6 and attached homes in the square feet range of 1500 to 2000 recorded 1 sales. The following ranges for attached homes all had no sales: 2000 to 2500, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Moreno Valley, CA?
March:
115 Homes Sold
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The last 12 month period for the city of Moreno Valley, CA shows that the greatest number of homes were sold during the months of May 2023, June 2023 and March 2024. The months of May 2023, June 2023 and March 2024 had 114 - 103 and 115 homes sold, respectively, as compared to an average of 83 for the other months of the year.

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When do homes sell the fastest in Moreno Valley, CA?
November:
12 Days On Market
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The last 12 month period for the city of Moreno Valley, CA shows that homes sold the fastest during the months of July 2023, August 2023 and November 2023. The months of July 2023, August 2023 and November 2023 had 15 - 18 and 12 days on market, respectively, as compared to an average of 22 for the other months of the year.


Average Price Of Homes Sold In Moreno Valley, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Moreno Valley, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Moreno Valley, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20246772115 - - - - - - - - - 254
2023821001159711410388101967575751121
2022123114177148168149122143144105941021589
20211231201451481321421691821791601681971865
20201451171631201241441431321311691301621680
20191311141241801921781871761651921261651930
20181281231841631981821791971411641341271920
20171471482021951931691881761752051761742148
Average Days On Market (DOM) In Moreno Valley, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024212519 - - - - - - - - - 22
202331363127282015182019122123
202213159891213201925253217
20211369575869911138
202024252618151517111184715
201931333530241721161916212624
201819212620201715191826262421
201729262923201616171223162021
Average Days From List To Close Of Escrow In Moreno Valley, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
2024667670 - - - - - - - - - 71
2023918810287948072657670657380
202279867259667370737574789875
202182886357717257597468677269
202082878277867879829576777681
201997928479787778718477868182
201880868169796975737474828377
2017999210176798473837786767884
Number of homes added to the market in Moreno Valley, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
2024119111124 - - - - - - - - - 354
2023114901139211210712699979597941236
202214115616216316214615313813510896731633
2021140103179135154196168181187154150951842
202015324513711514913213213015714799961692
2019146146165167198159193180170170136991929
2018181167165168219166186180127168137871951
2017177155172170188181179209177181139912019