"The Riverside-San Bernardino-Ontario metro housing market absorbed 1,011 homes during the week ending Nov. 7, 2025, while sellers added just 738 new listings, creating a 273-home weekly inventory drawdown. The gap between buyer demand and new supply comes as 35.3% of active listings have taken price cuts, signaling sellers are adapting to neutral market conditions where buyers have regained negotiating leverage."
"The metro's single-family home inventory stands at 12,039 properties with a median list price of $605,000, positioning the market 21% below California's statewide median of $769,000. At $329.2 per square foot, Riverside homes trade at a 19% discount to the state's $408.6 average, offering relative affordability in the Southern California market. Weekly absorption outpaced new listings by 273 homes, reducing available inventory even as the market maintains neutral conditions."
"The 3.0 months of supply sits slightly above the national average of 2.9 months, indicating balanced conditions between buyers and sellers. Properties typically spend 70 days on market before going under contract, matching the statewide median. The 8.6% of listings that have been relisted remains below the 10% threshold that often signals weakening buyer competition. More than one-third of active listings have reduced their asking prices, with 35.3% taking cuts in the past week."
During the week ending Nov. 7, 2025, the Riverside-San Bernardino-Ontario metro absorbed 1,011 homes while sellers listed 738 new properties, producing a 273-home weekly inventory drawdown. Single-family inventory totals 12,039 properties with a median list price of $605,000, placing the metro 21% below California’s $769,000 statewide median. The average price per square foot is $329.2, a 19% discount to the state average of $408.6. Months of supply stand at 3.0, slightly above the national 2.9, and properties average 70 days on market. Price adjustments are active: 35.3% of listings cut prices, 2.9% raised prices, and 8.6% were relisted.
Read at www.housingwire.com
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