Riverdale’s rolling three-month snapshot shows a market with more options and slower movement. Active listings are up sharply from a year ago, rising nearly 70 percent to 15 homes, and new listings have more than tripled. Contract activity is also higher, with pending sales up about 68 percent year over year, even though only three homes closed in this period.
Pricing is adjusting as this new supply works through the market. The typical home value over the rolling period is about 32 percent higher than a year ago, yet the median list price is up a more moderate 24 percent, suggesting some restraint from sellers. Homes are taking much longer to sell, with median days on market jumping to 90 days, up 57 percent from last year, and months of supply has roughly doubled to nearly 12 months, far above the 3.8 months seen across Dayton.
Despite that high supply, Riverdale is still classified as a seller’s market, but the details show buyers with more leverage. No recent sales closed above list price, and the average sale-to-list ratio sits under 100 percent at about 96 percent, hinting at room for negotiation. With inventory, pricing, and timing all moving in different directions, both buyers and sellers in Riverdale can benefit from Agent Pronto’s help in finding an agent who understands these shifting conditions.
