How Is The Riverside Real Estate Market?
The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the Riverside real estate market.
The median list price in Riverside, CA this week is $277,500.
Supply and Demand
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Currently supply and demand levels show no signs of prices changing from their current trend.
Prices continue their climb again this week. We’re a long way from the market’s high point so watch the Market Action Index as an indicator of how long this trend will last.
Click here Riverside Market Report to download the full market report for Riverside.
For more information on Riverside real estate, the housing market, and homes for sale- contact Graham and The Home Team at (951)534-9296, or email us.