Sales in the Riverfront market remained flat at six homes sold over the last 30 days, while the number of sellers reducing their list prices reached 16, which continues a solid upward trend in price reductions. All indications show that the trend may be coming to an end, meaning less price reductions over the next few weeks. Potential buyers should note that prices went up in Riverfront, with the median for this period rising from $406,000 to $528,000. With no movement in sales and the availability of eight months of inventory, Riverfront is a definite buyer's market.
If you're trying to find a bargain, make sure you look into these homes in Riverfront with recent price reductions: