MarketWatch: Weekly Real Estate Update for Riverdale, Bronx – 10/19/2026 – 10/26/2026

Let’s see what the market’s doing this week in the Riverdale area of the Bronx.

Did You Know?

• Pending sales fell sharply in September, dropping 7.3% from August and 11.3% from a year earlier. That pushed the National Association of Realtors Pending Home Sales Index down to 66.0, the lowest reading since the series began in 2001. Contracts weakened in all four regions as fast-rising mortgage rates dampened demand. (CNBC)
• Active inventory grew 7.7% from a year earlier in the week ending October 17, the fastest weekly year-over-year increase since late January. New listings, however, fell 5.1% from a year earlier, while the median listing price held at $415,000. Homes also spent a median of 62 days on market. (Realtor.com)

Mortgage Rate Updates:

As of October 22, 2026, Freddie Mac reported the average 30-year fixed mortgage rate at 7.32%, down from 7.40% the previous week and up from 6.19% a year ago. The average 15-year fixed rate was 6.68%, down from 6.71% the previous week and up from 5.44% a year ago. Freddie Mac Chief Economist Sam Khater said the average 30-year fixed rate mortgage declined this week, offering some relief to prospective homebuyers.

Source: Freddie Mac