Thinking of Buying a Home in Riverview? Here’s What October 2024 Market Trends Show
Riverview is a welcoming community with an active real estate market. October 2024 brought an increase in listings, making it an opportune time for first-time buyers. Here’s a breakdown of the latest trends and tips for buying your first home in Riverview.
More Choices for Buyers
With 23% more listings available in October, Riverview’s market offers an extensive selection for first-time buyers. The list-to-sale ratio currently stands at 59%, lower than last year, giving new buyers room to negotiate and find properties within their budget.
Stable Market Conditions
Riverview’s October 2024 average sale price, part of the Greater Moncton average of $380,262, indicates stability and sustained buyer interest. The local market’s balance between supply and demand makes Riverview an attractive option for first-time buyers.
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