Richmond Real Estate Market Report


Blog by Arnold Shuchat | September 4th, 2013


Here is the Richmond Real Estate Sales Report for the last 11 days:


Sold Property Types
Price Range-'$000s Apartments Townhouses Houses
0-200 4
200-300 4
300-400 6 2
400-500 9 5
500-600 5 7 3
600-700 2 5 3
700-800 0 1 9
800-900 1 1 5
900-1000 4
1000-1100 1
1100-1200 2
1200-1300 2
1300-1400 2
1400-1500 3
1500-1600 1
1600-1700 1
1700-1800 0
1800+ 3
Totals 31 21 39
New Listings 56 50 57
Average Sales Price $401,061 $555,019 $1,052,162
Median Sales Price $409,000 $551500 $847,000
Absorption Ratio 55.3% 42% 68.4%
Top Selling Areas
Ranked by Product Sold
Brighouse 22
Brighouse South 7
McLennan North 2 5
Steveston South 2 3 3
Terra Nova 3 4