Richmond Real Estate Market Report


Blog by Arnold Shuchat | August 17th, 2013


I have changed reporting formats for the Richmond Real Estate Market Report to simplify things to a single report.  Please let me know if you like it.  Here is the Richmond sales report for the last 7 days:


Sold Property Types
Price Range-'$000s Apartments Townhouses Houses
0-200 9
200-300 8 1
300-400 10 2
400-500 10 4
500-600 2 8 2
600-700 6 1
700-800 1 4
800-900 1 4
900-1000 5
1000-1100 7
1100-1200 4
1200-1300 3
1300-1400 2
1400-1500 1
1500-1600 1
1600-1700 1
1700-1800 1
1800+ 3
Totals 39 23 39
New Listings 38 24 45
Average Sales Price $335,903 $553,254 $1,171,478
Median Sales Price $346,000 $550,000 $1,060,000
Absorption Ratio 1.03 0.96 0.87
Top 3 Selling Areas
Ranked by Product Sold
Brighouse 17
Brighouse South 7
McLennan North 6 5
Steveston South 3
Boyd Park 3
Granville 7
Lackner/Woodwards 6
Steveston North 4