Largest Price Declines in Richmond Real Estate


Blog by Arnold Shuchat | May 1st, 2014


Here are the largest price declines for Richmond real estate over the last 14 days.  Ther were a total of 125 price changes of which 120 were declines. The average price decline was $32,570 across all products or 4%.  Here are the ones with price declines greater than 5%.

 
Address LP Prev LP Change % Change Tot BR Dwell Age
6051 DANUBE RD 1,298,000 1,488,000 190,000 13 5 HOUSE 16
# 203 6420 BUSWELL ST 179,000 199,000 20,000 10 2 APTU 41
9931 DAYTON AV 1,180,000 1,288,000 108,000 8 4 HOUSE 33
6331 COLTSFOOT DR 998,000 1,088,800 90,800 8 4 HOUSE 41
10480 ARAGON RD 1,190,000 1,298,000 108,000 8 6 HOUSE 19
9540 SAUNDERS RD 1,990,000 2,168,800 178,800 8 5 HOUSE 0
10586 MCLENNAN PL 897,000 975,000 78,000 8 9 HOUSE 25
# 315 8120 COLONIAL DR 146,800 159,000 12,200 8 1 APTU 38
10171 NO 5 RD 999,000 1,080,000 81,000 8 9 HOUSE 26
# 11 9566 TOMICKI AV 668,000 720,000 52,000 7 4 TWNHS 2
22760 GILLEY RD 649,900 699,900 50,000 7 3 HOUSE 46
# 13 10111 GILBERT RD 409,000 439,888 30,888 7 3 TWNHS 30
5460 GRANVILLE AV 1,398,880 1,498,000 99,120 7 6 HOUSE 74
# 103 4500 WESTWATER DR 699,000 748,000 49,000 7 2 APTU 10
8711 CALDER RD 1,570,000 1,680,000 110,000 7 8 HOUSE 19
5580 FRANCIS RD 970,890 1,038,000 67,110 6 5 HOUSE 19
5440 FRANCIS RD 1,096,000 1,168,000 72,000 6 5 HOUSE 9
# 10 8091 JONES RD 599,000 638,000 39,000 6 3 TWNHS 25
# 307 8060 RYAN RD 169,000 179,900 10,900 6 3 APTU 43
10460 WESTMINSTER HY 1,580,000 1,680,000 100,000 6         
# 318 8640 CITATION DR 215,000 228,000 13,000 6 2 APTU 34
# 102 7600 MOFFATT RD 498,800 528,800 30,000 6 2 APTU 24
# 615 9373 HEMLOCK DR 663,000 698,000 35,000 5 2 APTU 5
3720 GRANVILLE AV 2,748,000 2,888,000 140,000 5 5 HOUSE 1
9611 KILBY DR 950,000 998,000 48,000 5 6 HOUSE 23
# 6205 5117 GARDEN CITY RD 379,000 398,000 19,000 5 2 APTU 8
# 101 7760 MOFFATT RD 219,000 229,900 10,900 5 1 APTU 26
# 205 7280 LINDSAY RD 209,800 220,000 10,200 5 3 APTU 40
4351 TUCKER AV 1,038,000 1,088,000 50,000 5 4 HOUSE 27
9740 BATES RD 2,088,000 2,188,000 100,000 5 4 HOUSE 5
# 1305 8288 SABA RD 419,000 439,000 20,000 5 2 APTU 16
# 361 7293 MOFFATT RD 209,900 219,900 10,000 5 1 APTU 32

There is somewhat of a science here to determine where the best bargaining power is likely to come from. If you or anyone you know is looking to get the best deal possible on a property, please give me a call at 778-227-7325 so we can talk about how I can help.