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Condos in Riverside California
Condminimums are a small part of the real estate market in Riverside. In Riverside County, only 8.7% of the sales were condos for the year 2008. This is in contrast to Orange County and Los Angeles, where 29% and 22% respectively were sales of condos. (San Bernardino has even a smaller percent of condo sales at 4.5%). When house prices shot up, so did condos. When taking association fees into account, condos are not much more affordable when compared to single family residences. However, the condo market has fallen dramatically and there are some very nice condo complexes in Riverside. Condos can be a good choice for those who prefer less maintenance and may be a good investment at this point in time.
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Riverside Condominiums - Median Price and Number Sold
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