Riva’s rolling three-month numbers show meaningful shifts from a year ago. The typical home value is up more than 13 percent year over year, while the median list price has dropped about 16 percent, hinting that sellers are pricing more cautiously even as values rise. Months of supply has increased sharply, up about 76 percent from last year’s level.
In the latest rolling period through September 2026, buyers saw a median list price around $549,000 with a typical home value just above $554,000. Homes are taking longer to sell, with the median days on market at 53, up slightly from a year ago, and only about 9 percent of recent sales closing above the asking price, down roughly 21 percent year over year.
Supply and demand are finding a new balance, with about 3.2 months of inventory and active listings holding steady compared with last year, even as new listings have fallen more than 24 percent. Sales activity has nudged higher, with homes sold and pending sales both up around 11 percent year over year and more than half of homes going off market within two weeks. With pricing trends, time on market, and negotiation leverage all shifting, both buyers and sellers in Riva can benefit from Agent Pronto’s help connecting with an experienced local real estate agent.
