The Riverside housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have increased 50.4% in the past month alone. With 6.0 months of supply, Riverside's inventory levels remain relatively tight. Homes are taking about 41 days to sell, which is NaN days longer than this time last year. A significant 25.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Riverside market with the affordability index at 965.6. Based on current market indicators, home prices in Riverside are projected to decrease by approximately 3.4% over the next month.