Riverside Market Report - February 2026: Balanced Market Sees Composite Benchmark Price at $643,500

Riverside Market Report (SDMLS computed) — February 2026

In February 2026, the Riverside real estate market reports a composite benchmark price of $643,500, unchanged from the previous month. Total sales decreased to 94 from 140 in January, indicating a shift in market activity as new listings rise to 10,837.

Market Analysis

The Riverside market is currently characterized as balanced, with a composite benchmark price holding steady at $643,500. The total sales have seen a significant decline, dropping from 140 in January to 94 in February, reflecting a potential cooling in buyer demand. The increase in new listings to 10,837 suggests that sellers are responding to market conditions, which may lead to greater competition among properties in the coming months.

Property Type Analysis

In February, detached homes continue to dominate the market with a benchmark price of $665,000 and 76 sales. Meanwhile, attached/townhouse properties and apartments show significantly lower activity, with benchmark prices of $572,995 and $420,000, respectively, and only 10 and 5 sales recorded. This disparity highlights the ongoing preference for detached homes among buyers, despite the overall decrease in sales volume.

Regional Highlights

Regionally, the Riverside market reflects broader trends seen across Southern California, where inventory levels are rising while sales are slowing. This shift may indicate a transition towards a more balanced market, as buyers gain more options and sellers adjust their expectations in response to changing demand dynamics.

For Buyers

Prospective buyers are encouraged to take advantage of the increased inventory available in the Riverside market. With a balanced market condition, buyers may find more negotiating power and should consider exploring various property types to find the best fit for their needs.

For Sellers

Sellers should remain aware of the current market dynamics, particularly the increase in new listings. To attract potential buyers, it is advisable to price homes competitively and ensure properties are well-presented, as the market may become more competitive with rising inventory levels.