RIVERSIDE (CNS) – Riverside County’s median home price held steady in May while sales activity showed little change, according to data released today by the California Association of Realtors.
The median price of an existing single-family home in Riverside County was $640,000 in May, unchanged from April and up 0.3% from $638,000 a year ago. Home sales in the county increased 0.2% from April but were down 2.2% from May 2025, according to CAR.
Statewide, existing single-family home sales totaled a seasonally adjusted annualized rate of 268,810 units in May, down 3.1% from April but up 5.1% from a year earlier, marking the largest year-over-year increase since September. California’s median home price reached a record $930,260 in May, up 2.3% from April and 3.1% higher than a year ago…