Balanced Conditions, Stable Pricing

Riverside County continues to offer a more balanced real estate environment, with a 3.58-month supply of inventory. While supply has dipped slightly by 6% month-over-month and 1% year-over-year, the overall market remains steady and accessible to both first-time and move-up buyers.

The county recorded 3,329 new listings in September, with a median list price of $620,000, and 7,800 active listings at a median of $635,000. Pending sales include 2,195 new contracts, with a median list price of $599,000, spending an average of 41 days on the market before going pending. The median sold price currently sits at $600,000, a slight 1% decline from the previous month, while the median days in RPR dropped 10%, now averaging just 35 days.

The sold-to-list price ratio remains firm at 99.09%, reflecting stability and continued buyer confidence. Buyers in Riverside can benefit from a balanced mix of affordability and availability, but should still be prepared to act promptly as competition remains moderate in popular areas like Temecula, Murrieta, and Corona.

Slight Seller Advantage, Broad Selection

San Bernardino County presents a stable yet slightly seller-favored market, with a 4.06-month supply of inventory. Although inventory has decreased by 11% from last month, it remains unchanged year-over-year, signaling consistent market conditions.

There are currently 6,340 active listings with a median price of $539,000, alongside 2,305 new listings this month at a median list price of $548,000. Pending listings totaled 1,780 with a median list price of $545,000, typically remaining on the market for about 41 days before going under contract.

The median sold price in the county is $540,000, marking a small 1% month-over-month decline. Homes are staying on the market slightly longer—35 days on average, a 6% increase from last month—but the sold-to-list price ratio remains strong at 98.93%. This balance of steady pricing and moderate time on the market allows buyers to explore more options and negotiate effectively, particularly in suburban and semi-rural areas where inventory is broader.

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