Real Estate Market

River Springs Real Estate Market

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

Balanced Market6.0 mo supply — Balanced

In Jul, 1 homes sold across River Springs at an average price of $1,205,000 — down 3.4% from the prior month. Properties averaged 17 days on market.

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$1.21Mavg price · last month
Aug6-month avg price trend · MLS®Jul
1
Homes Sold
last 30 days
$1.21M
Avg Sold Price
last 30 days · sold properties
17d
Avg Days on Market
last 30 days · listed to sold
6
Active Inventory
live MLS · updated every 5 min
6.0 mo
Months of Supply
current absorption rate
View Homes For SaleRecently SoldFree Home EvaluationMonthly Reports →
3-Year Price Trend
$1.2M
Avg sold price by type · last 36 months · MLS® data

Benchmark Prices by Property Type

River Springs · Last 30 days
Property TypeAvg Sold PriceAvg $/sqftYoY ChangeCondition
Houses$1.21M$602,500-3.6%Balanced Market
Market Insight

Houses are the most accessible entry point in River Springs, currently averaging $1,205,000 — well below the cost of a detached home.

Houses have declined the least over the past year at -3.6%.

Buyers currently have more negotiating room across all property types in River Springs — consult a local agent before making pricing decisions.

Last 30 Days — By Property Type

Sold properties only

House:Balanced 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?

MetricJul · Last 30 daysMayNov (LY)
Homes Sold1-50.0%21
Avg Sold Price$1.21M-3.4%$1.25M$1.25M
Avg Days on Market17d-5.6%18d12d

By Property Type

All property types
Property Type
TypeSold (30d)Avg SoldAvg DOMActiveMarket
House1$1,205,00017d6Balanced Market

Recently Sold

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Deep Breakdown

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

By Bathroom Count

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

3 baths1 sold
17d$1,205,000

Storey Count

Avg Sold Price by Storeys · Detached Houses · Last 30 Days · Sold Properties

2 Storey1 sold
17d$1,205,000

Lot Size

How Lot Size Affects Price · Detached Houses · Last 30 Days · Sold Properties

4,000-6,000 sqft1 sold
17d$1,205,000

Frequently Asked Questions — River Springs Market

Is River Springs a buyer's or seller's market right now?+
River Springs is currently a balanced market. The absorption rate — the pace at which active listings are being absorbed by buyers — points to roughly balanced conditions between buyers and sellers. There are 6 active listings and 1 homes sold in the last 30 days.
What is the average home price in River Springs?+
The average sold price in River Springs is currently $1,205,000, 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 River Springs?+
River Springs has a sales-to-active listings ratio (SALR) of 16.7%, sitting in balanced market territory (12–20%). Neither buyers nor sellers hold a strong advantage — homes are selling at a measured pace and sale prices tend to land close to the asking price.
How long do homes stay on the market in River Springs?+
Homes in River Springs are selling in an average of 17 days on market. Properties that are priced correctly and presented well tend to attract offers faster, sometimes within the first week of listing.
Which property type has appreciated the most in River Springs?+
Based on MLS® data, houses have shown the strongest year-over-year price movement in River Springs at -3.6% compared to the same period last year. Price growth has been moderate overall — buyers should evaluate value on a property-by-property basis. Consult a local agent for current conditions before making investment decisions.
How many homes sold in River Springs last month?+
1 homes sold in River Springs 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 River Springs?+
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 River Springs, the current absorption rate of 6.0 months reflects a balanced market.
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