Investor purchase activity, drawn from the last 12 months of records.
Data last updated
In Riverside, investors own about 262 tracked properties across 77 active buyers, with a median investor purchase price near $94,000. 48 were acquired in the last 12 months.
Buying has slowed in Riverside — 48 purchases over 12 months versus about 74 the year before, off roughly 35%. Less competition per contract, but also fewer buyers to place one with.
Activity is not spread evenly. ZIPs 45431, 45404 and 45424 are absorbing the most investor purchases in Riverside, and they are the fastest place to start a buyer list before working outward through the rest of the city.
Across Riverside, 77 active buyers account for approximately 262 investor-held properties. Averaging below 0.6 purchases per buyer last year, this is a wide, shallow pool — a numbers game where reach beats depth.
Half of investor purchases here close below $94,000. Because the average runs to $1,313,000, this market has two populations: a broad base near the median and a thin band of much larger deals.
Strategy here skews to value-add / rehab, which accounts for 97.5% of tracked deals. Buyers geared for renovation will look at stock that would not trade in a new-construction market.
Typical construction year on investor-owned property is 1956. 97.5% of the stock is pre-1980 — budget for older wiring, plumbing and the paperwork that comes with it.
Counts and prices here are drawn from recorded investor purchases in this city and refresh with new records. They are a record of past activity, not a forecast or investment advice.