Price Cuts Bottom in Inland Empire Real Estate Market

Price reductions have decreased in the Inland Empire market, reaching a low that hasn't been seen since last January. With the market getting more expensive, there were 4,299 homes sold over the last 30 days. Leading the way in terms of contribution was Riverside County with 1,772 price reductions. There are four months of inventory remaining in the Inland Empire Metro Area, and the market is swinging toward the buyer, especially since the median sales price dropped to $324,000 this week.

Make sure you take a look at these eye-catching homes in the Inland Empire Metro Area that generated the most views from potential buyers:

$3.2M   $524K   $365K  

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

Demographic facts for the Inland Empire Metro Area:

  • The median age of the population is 32 years old.
  • The area's cost of living index score is 110.2. (100 = national average)
  • 76.3% of the residents commute to work alone in their car, 14.3% via carpool, and 1.7% by way of public transit.

Data reported through 1/4/2017

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