Riverside’s real estate market offers a more balanced dynamic, with a Months Supply of Inventory at 2.08. While inventory remains relatively low, it provides more opportunities for buyers compared to Orange County.

Over the past year, inventory has grown by 23.08%, signaling a gradual rise in availability. This shift could indicate a slow transition toward a more buyer-friendly market in the future.

Homes in Riverside continue to sell quickly, spending a median of 32 days on the market. The Sold to List Price Percentage stands at 99.6%, demonstrating steady demand and minimal price negotiation.

The median sold price of $666,500 reflects stable property values, with buyers willing to pay close to asking prices. Sellers can expect favorable returns, while buyers should be ready to move swiftly in this active market.

Overall, Riverside remains a seller-favored market but is gradually seeing more inventory, which may provide buyers with increased leverage over time.

San Bernardino's housing market continues to be defined by low inventory, with only 2.34 months of supply. This has created a strong seller’s market, where demand outpaces supply, leading to fast sales and competitive pricing.

Over the past year, inventory has increased by 17%, suggesting a potential shift toward a more balanced market. As more homes become available, buyers may experience slightly less competition.

Despite the inventory increase, homes are still selling quickly, with a median of 35 days on the market. Sellers are receiving strong offers, with properties selling at an average of 100% of the listing price.

The median sold price in San Bernardino stands at $490,000, reflecting consistent demand and steady property values. Buyers should be prepared to act quickly in this competitive landscape.

Overall, the market remains highly active, favoring sellers, but increasing inventory may create more opportunities for buyers in the coming months.

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