Riverside Market Report (SDMLS) – March 2026: Sales Surge 69.2% Year-Over-Year

Riverside Market Report (SDMLS computed) — March 2026

In March 2026, the Riverside real estate market sees a significant increase in sales, with a total of 154 transactions, up 69.2% from the previous year. The composite benchmark price stands at $642,500, reflecting a slight decrease of 1.1% compared to March 2025.

Market Analysis

The Riverside market is currently in a balanced condition, characterized by a healthy interplay between supply and demand. With 291 new listings introduced this month, the market is experiencing an influx of inventory, which may help stabilize prices after a year of fluctuating values. Despite the increase in sales, the average price has remained relatively stable, indicating that buyers are actively engaging with the market while being cautious about pricing.

Property Type Analysis

In March, detached homes dominate the sales landscape, with a benchmark price of $655,000 and 128 sales recorded. Attached homes and apartments, with benchmark prices of $616,990 and $430,000 respectively, show lower sales figures, with only 9 and 12 transactions. This suggests a strong preference for detached properties among buyers, likely driven by the desire for more space and privacy in the current market environment.

Regional Highlights

Regionally, Riverside continues to attract buyers, with the significant year-over-year sales increase reflecting a robust demand for housing. The slight decline in the benchmark price compared to last year may present opportunities for buyers who have been waiting for favorable conditions. As new listings come onto the market, potential buyers may find a wider selection of homes to choose from, further enhancing the competitive landscape.

For Buyers

Prospective buyers are encouraged to take advantage of the current balanced market conditions. With a variety of new listings available, buyers should conduct thorough research and consider their budget carefully, especially in light of the slight price decrease. Engaging with a knowledgeable real estate agent can help navigate the options and secure favorable terms.

For Sellers

Sellers should be mindful of the current market dynamics and the influx of new listings. Pricing homes competitively is essential to attract buyers, especially in a balanced market where inventory is increasing. Working with a real estate professional to assess market conditions and set an appropriate price can enhance the chances of a successful sale.