Is Rubidoux, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Rubidoux has remained a Seller's Market.
Housing Prices in Rubidoux, CA
How much do homes in Rubidoux, CA cost?
Median Sold Price
$560,000
$389/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Rubidoux was $560,000 in May 2024, up 1.8% from last year, and the median price per square foot was $389.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $427K | $442.5K | +3.6% |
3 Bedrooms | $535K | $555K | +3.7% |
4 Bedrooms | $600K | $600K | 0.0% |
5+ Bedrooms | $674.5K | $582.5K | -13.6% |
Summary: Rubidoux housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 3.7%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 13.6%.
Median Sold Price Compared To Nearby Neighborhoods
Sunnyslope | $610K | $716K | +17.4% |
Pedley | $612.1K | $652K | +6.5% |
Grand | $595K | $608K | +2.2% |
Rubidoux | $550K | $560K | +1.8% |
Downtown Riverside | $570K | $575K | +0.9% |
Housing Supply in Rubidoux, CA
How many homes are available in Rubidoux, CA?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
49 | 46 | -6.1% |
Summary: The Rubidoux real estate market had 46 homes for sale in May 2024, a 6.1% decrease compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 16 | 17 | +6.3% |
4 Bedrooms | 26 | 21 | -19.2% |
5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The Rubidoux housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 19.2%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
10 | 15 | +50.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 15 homes were sold or pending in Rubidoux in May 2024, up by 50.0% month-over-month. Of the 15 sold homes, 20% were sold under asking, 27% were sold at asking, and 53% were sold over asking.
Days on Market for Rubidoux, CA
How long does it take to sell a home in Rubidoux, CA?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
25 Days | 26 Days | +3.5% |
Summary: Homes in Rubidoux had an average of 26 days on market in May 2024, up by 3.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During May 2024, 15 homes were sold in Rubidoux; 67% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.