Before you go ahead and sell your Plano, Texas real estate and move to Riverside, California to buy your new home, you want to make sure that you'll be getting the best value for your money. To do that you need to be aware of what the average real estate prices are for the city before you even start looking at houses. We can help you with that by providing you with a few useful figures.

The most basic indicator of the cost of real estate in a city is the average listing price. This takes into account what all of the owners are asking for their Scarborough home for sale and gives you a good idea of what owners might be asking you for if you were to look for homes there. In Riverside, the average asking price is just under $248,000. This is fairly reasonable for California, and if it seems steep to you, remember that the asking price is only the starting point for negotiations.

Because of the negotiation factor, another statistic you'll want to take a look at is the median sale price. This is the middle value on the scale of what homes have actually sold for. If you're looking for a mid sized place it's a good indicator of what you might be paying, but for people who want a house that looks like a new home in Ontario, it's on the low end of the scale. As of early December of 2010, the median sale price for Riverside was $200,000 - about $50,000 less than the average asking price.

If you know, from living in downtown Toronto condos, exactly how much space you'll need in a new home, another useful figure to look at is the price per square foot. With it, you can estimate how much a home in Riverside would cost you if you know how many square feet of living space you're going to need. If you're making a budget, this will probably yield your most accurate figure. In Riverside, the average price per square foot is about $142. So if you want a 900 square foot condo, you'd pay about $127,800.

Of course, as you know from any Toronto real estate listing, location affects price too. Within Riverside there are good and bad neighborhoods. Alessandro Heights, one of the nicest and most popular neighborhoods, has an average of over $805,000 while University, which is an up and coming neighborhood, is only at about $140,000.