Norco
REAL ESTATE
June 2024 Housing Market Update: The Flight to Quality
June 2024 marked a pivotal moment in Riverside’s housing market, characterized by a “flight to quality.” Buyers flocked to homes in pristine condition, especially those priced over $700,000, sparking bidding wars for properties ranging from $700,000 to $1.7 million. This trend underscores the resilience and appeal of Riverside real estate amidst economic fluctuations and evolving buyer preferences. Let’s delve into the key statistics that shaped last month’s Riverside real estate landscape.
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