The typical home value in
Nuevo
is projected to be
$642,500
for the month of
July.
June’s
finalized data reported the typical value of a home in the
city
to be
$620,000—up
24.0%
over the previous 12 months.
For comparison,
county-level
data pegged home values at
$614,250
in
Riverside County
for the most recent reporting period.
That number is expected to float around
$616,380
in
July.
Nuevo
had
3
active listings in
June,
including
4
new listings. Overall, active listings were
down
57.14%
from the previous month.
Of those
3
active listings,
33.33%
reduced their price in the month of
June.
The median listing price for homes in
Nuevo
grew
18.98%
from
May
to
June,
bringing the current median listing price to
$642,450.
Based on projected data for
July,
listing prices may continue to
grow.
The number of days that homes have been on the market prior to going under contract
rose
year-over-year. In
June 2025,
the median time for a listed property to go pending was
42
days, compared to
-44
days in
June 2024.
However, in recent months the median number of days from listed to pending appears to be
falling.
That trend is predicted to have carried through to this
July.