Riverside Market Update: Feb 2021

The 2021 Riverside Real Estate market is in full swing and in short it is the fiercest seller’s market I have seen in my 30 years in residential real estate. Low inventory, low interest rates, high demand and bidding wars will be the name of the game for Riverside home buyers and sellers in 2021.

Some notable Riverside Neighborhood Stats:

Average Listing Price of Current Riverside Homes for Sale: $1.549 million

Average Days on Market of Riverside Homes Under Contract Home: 49

Number of Homes Currently for Sale in Riverside: 6

Number of Homes for Sale under $1 million in Riverside: 1 (and it had multiple offers!)

My prediction for 2021 is that prices in Princeton’s Riverside neighborhood will be at an all time high and sellers who put their homes on the market will earn top dollar!

Curious as to what your Riverside home is worth in today’s market? Click the link below and I will let you know!

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UNDERSTANDING THE MARKET

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