Real Estate Market

Riverwood Real Estate Market

Live stats and monthly reports across Riverwood Nav serves — updated every 5 minutes from MLS® data.

Buyer's Market16.5 mo supply — Buyer's

In Aug, 2 homes sold across Riverwood at an average price of $799,500 — down 1.1% from the prior month. Properties averaged 15 days on market.

Browse Homes For Sale
$800Kavg price · last month
Mar6-month avg price trend · MLS®Aug
2
Homes Sold
last 30 days
$800K
Avg Sold Price
last 30 days · sold properties
15d
Avg Days on Market
last 30 days · listed to sold
33
Active Inventory
live MLS · updated every 5 min
16.5 mo
Months of Supply
current absorption rate
View Homes For SaleRecently SoldFree Home EvaluationMonthly Reports →
3-Year Price Trend
$800K
Avg sold price by type · last 36 months · MLS® data

Benchmark Prices by Property Type

Riverwood · Last 30 days
Property TypeAvg Sold PriceAvg $/sqftYoY ChangeCondition
Townhouses$1M$1,000,000+3.9%Buyer's Market
Condos$599K$652Strong Seller's Market
Market Insight

Condos are the most accessible entry point in Riverwood, currently averaging $599,000 — well below the cost of a detached home.

Townhouses have appreciated the most over the past year at +3.9%.

For investors, townhouses have shown the strongest price appreciation — buyers looking for long-term value may want to prioritise this segment.

Last 30 Days — By Property Type

Sold properties only

Apartment:Seller's Market
Duplex:Buyer's Market
House:Buyer's Market
Townhouse:Buyer's Market

What Does Each Home Cost?

By bedrooms & property type · Last 30 days sold

Type1 Bed2 Bed3 Bed4+ Bed
Apartment
$548K
$820/ft²
41 sold
$698K
$752/ft²
63 sold
$889K
$721/ft²
18 sold
$1.12M
$690/ft²
5 sold
Townhouse
$699K
$698/ft²
8 sold
$879K
$672/ft²
31 sold
$1.08M
$645/ft²
44 sold
$1.25M
$612/ft²
14 sold
House
$1.19M
$580/ft²
6 sold
$1.49M
$558/ft²
22 sold
$2.25M
$498/ft²
18 sold

Studio = 0 bedrooms. 4+ Bed includes all homes with 4 or more bedrooms.

How does this period compare?

MetricAug · Last 30 daysJulAug (LY)
Homes Sold2-77.8%911
Avg Sold Price$800K-1.1%$809K$1.05M
Avg Days on Market15d-65.9%44d25d

By Property Type

All property types
Property Type
TypeSold (30d)Avg SoldAvg DOMActiveMarket
Apartment1$599,00026d2Strong Seller's Market
Duplex0N/A0d2Buyer's Market
House0N/A0d10Buyer's Market
Townhouse1$1,000,0003d19Buyer's Market

Recently Sold

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Deep Breakdown

Age, bathrooms, storeys, and lot size — how each factor shapes the sale price in Riverwood.

Age of Home — Does Year Built Affect Price?

Avg Sold Price & Days on Market by Year Built · Last 30 Days · Sold Properties

Insight: 1990s homes command the highest avg price at $1,000,000 in Riverwood. 1990s homes sell the fastest — avg 3 days on market. Prices fell 40% from 1990s to 2010s.
Avg Sold PriceAvg Days on Market
$1,000,000$599,0003d26d1990s2010s
1 sold1 sold

By Bathroom Count

Avg Sold Price by Bathrooms · Last 30 Days · Sold Properties

2 baths1 sold
26d$599,000
3 baths1 sold
3d$1,000,000

Frequently Asked Questions — Riverwood Market

Is Riverwood a buyer's or seller's market right now?+
Riverwood is currently a buyer's market. The absorption rate — the pace at which active listings are being absorbed by buyers — points to more supply than demand, giving buyers more negotiating room. There are 33 active listings and 2 homes sold in the last 30 days.
What is the average home price in Riverwood?+
The average sold price in Riverwood is currently $799,500, based on sales over the past 30 days. Prices vary significantly by property type — condominiums and townhouses typically start lower, while detached homes command a premium.
What does the absorption rate mean for Riverwood?+
Riverwood has a sales-to-active listings ratio (SALR) of 6.1%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.
How long do homes stay on the market in Riverwood?+
Homes in Riverwood are selling in an average of 15 days on market. Properties that are priced correctly and presented well tend to attract offers faster, sometimes within the first week of listing.
What is the average price of a house, townhouse, and condo in Riverwood?+
Townhouses average $1,000,000. Condos average $599,000. These figures reflect sold prices over the past 30 days from MLS® records and are updated monthly. Prices vary by neighbourhood, size, and condition — contact Nav for a personalised estimate.
Which property type has appreciated the most in Riverwood?+
Based on MLS® data, townhouses have shown the strongest year-over-year price movement in Riverwood at +3.9% compared to the same period last year. This outperformance makes townhouses a compelling segment for buyers focused on long-term value. Consult a local agent for current conditions before making investment decisions.
How many homes sold in Riverwood last month?+
2 homes sold in Riverwood over the past 30 days. Tracking monthly sales volume is one of the best indicators of market momentum — rising sales generally signal growing buyer confidence, while declining volume can signal hesitancy or seasonal slowdown.
What does "months of supply" mean in Riverwood?+
Months of supply measures how long it would take to sell all current active listings at the current pace of sales. Under 4 months is a seller's market; 4–6 months is balanced; over 6 months favours buyers. In Riverwood, the current absorption rate of 16.5 months reflects a buyer's market.
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