Over the last 30 days, the River Road market was steady and saw two homes sold. However, the number of pending transactions continued to decline, with a total of zero transactions during the same period. All indications show that the trend may be coming to an end, meaning more pending transactions over the next few weeks. The median sales price tumbled to $257,450 over the latest reporting period for River Road, down from $422,762. With only two months of inventory to sell, River Road is a still definite seller's market, even after taking into consideration the falling contracts numbers.
Trying to find a home in River Road that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market: