Sales Increase in Cherry Valley Real Estate Market

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:

$465K   $298K   $485K  

Get started right now by checking out Cherry Valley homes for sale or reviewing Cherry Valley real estate trends.

Demographic facts about Cherry Valley:

  • The median value of all homes in the area is $147,400.
  • This area usually gets 40 rainy days each year. (U.S. average: 100)
  • The unemployment rate is 12.8%.
  • For every teacher there are 22.3 students in this area. (15.3 = national average)

Data reported through 10/19/2016


Ask a local expert about this area:
Remax Results
Snapped 3 homes in this area
COLDWELL BANKER KIVETT-TEETERS "I am the one who can turn a house into a home, which will lead you to life time memories. Lets begin your future today."
Snapped 7 homes in this area
Re/Max Real Pros
Snapped 2 homes in this area

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