According to the Riverside County Real Estate Market Update for December, inventory decreased 33.5% year-over-year in December, and the median sales price across Riverside County is up to $471,500. Prices are expected to continue rising in 2021, but not as dramatically as they did in 2020.
Browse the full report below to learn more and check out the latest trends in your city during the coronavirus. Although homeowners must follow new safety precautions, now is a great time to sell for top dollar thanks to limited inventory and overwhelming buyer demand continuing into the new year.
Have more questions about the local market and how you and buy and sell during the coronavirus? Ask a First Team agent! Check out our list of local offices to find a professional near you. We’re always here to help and answer any questions you have about real estate.