The Cherry Valley market reported improvement in this week's report, as the number of home sales climbed 100.0%, pushing the total to six homes sold over the last 30 days. At the same time, close-by Moreno Valley reported 187 home sales, the highest number from all the surrounding cities. The median sales price tumbled to $245,000, down from last week's $350,000. Cherry Valley is still a definite buyer's market, due to the availability of eight months of remaining inventory, even after the uptick in sales.
You never know when the perfect home may come in the market so take a look at the new listings in Cherry Valley: