Growing Inventory Creates More Opportunity 

April 2026 brings an interesting snapshot of the Riverside housing market, particularly for first-time and move-up buyers seeking greater affordability and opportunity within Southern California.

Riverside posted a 2.46-month supply of inventory, representing a 19% increase from last month. However, inventory remains 11% lower than one year ago, indicating that while options are improving, demand continues to outpace supply overall.

The median sold price reached $645,000, reflecting a slight 1% month-over-month decrease. This subtle adjustment may provide buyers with a bit more negotiating flexibility compared to previous months, especially as more listings become available.

New listings entered the market at a median price of $699,000, while active listings averaged $712,995, showing that seller expectations remain strong. At the same time, buyer activity continues at a rapid pace, with pending listings spending a median of just 19 days on the market.

Overall, Riverside remains a competitive seller-leaning market, but rising inventory levels could gradually create a more balanced environment. Buyers may benefit from increased choices, while sellers should continue to focus on strategic pricing and presentation to stand out in the market.

Tight Supply Continues to Drive Demand 

San Bernardino’s housing market remained highly active in April 2026, with tightening inventory continuing to fuel competition among buyers.

The market recorded a 1.95-month supply of inventory, representing a significant 28% decrease compared to last year. This ongoing decline in available homes reinforces strong seller advantages throughout the region.

Despite the tighter supply, 152 new listings entered the market during the month, with a median list price of $519,950. Active listings averaged slightly higher at $524,900, reflecting continued confidence in home values across the county.

Buyer demand remains steady, especially in communities near popular outdoor destinations like the San Bernardino National Forest. Pending listings carried a median price of $499,900 and spent approximately 18 days on the market, demonstrating that buyers continue moving quickly when desirable homes become available.

The median sold price increased to $520,000, marking a modest 1% gain from the previous month. This steady appreciation highlights the resilience of the market despite inventory challenges.

Overall, San Bernardino continues to present opportunities for both first-time buyers and move-up purchasers, though limited inventory means competition remains strong. Buyers should be prepared to act quickly, while sellers continue to benefit from favorable market conditions.

Reference: 2009–2026 Realtors Property Resource®, LLC. All rights reserved.