Changing an asking price should follow a review, not an automatic reaction to elapsed time. I would first examine the original reasoning, the home's presentation and relevant comparisons before deciding whether a revision is justified.
For Riverside single-family homes, condos, townhomes and apartments, the September 2026 median list price for active listings was $710,000. The median sold price was $680,000. The median list price was down 1.25% from the previous month. The list and sold prices describe active and sold groups, not the price reduction experienced by the same homes.
The difference between those prices cannot tell you how much to reduce your own asking price. I would revisit the comparisons supporting your price and assess any property questions that remain unanswered. A revision should have a clear purpose and a basis you understand, rather than simply imitate a townwide statistic.
Keep the original pricing explanation available so you can identify which assumptions need another look. Review similar completed sales and competing listings separately, then discuss the relevance of each to your home. Agree on what information would justify a change before selecting a revised price or leaving the original price unchanged.
