« Return to Blogs

January 2019 Riverside County Market Statistics

Here are the latest market statistics for Riverside County. One thing jumps out to me and that is the "Months of Inventory" being at 6 months. This is almost double the inventory levels since May 2018. It is common practice to consider 6 months of inventory as the indicator of a balanced market. This means it is a level playing field where neither the seller or buyer has a unique advantage. Let's enjoy "normal" before the market shifts to the next extreme!