Riverside
Riverside

Riverside Housing Market Report

Balanced Market

All types - for the month of March

Buyer's market Seller's market

5

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 0-4 months indicates a seller’s market, where homes are selling quickly and there are more buyers than available homes.

39

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

10

New

6(+200.00% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 0, in 2023: 0, in 2022: 0

Total Sold Listings*

2

Median Sold Price

$357,500

Avg Days on Market

39 days

Median Bidding

-$9,950

Compared to number of sold, same period, in 2024: 2, in 2023: 1, in 2022: 1

*Data is for the month of March

Median Sold Price vs Average Days and Average Total Days on Market - Riverside - All types

Sold vs Active vs New vs Relisted - Riverside - All types

Sold Price Distribution - Riverside - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Riverside - All types

Property type distribution based on data from the last 3 months.

Median Price - Riverside - All types

Just sold - Riverside

View all

Population and Demographics

Overview

Total population 1433
Average household income $104,503

Age (%)

65 and plus
25%
50 to 64
20%
20 to 34
19%
35 to 49
18%
0 to 19
18%

Household composition (%)

Single family
56%
Single person
38%
Multi person
5%
Multi family
1%

Mother tongue (%)

English
88%
Others
3%
Spanish
2%
Punjabi (Panjabi)
2%
Portuguese
2%
French
1%

House tenancy (%)

Owners
60%
Renters
40%

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

Transit Friendly

2/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

2/5

Some restaurants within walking distance