Richmond Real Estate Market Report-Largest Price Declines


Blog by Arnold Shuchat | January 18th, 2014


Over the last 14 days in Richmond there were 76 price changes on all types of property, of which 70 were price declines.
Below is a table of properties showing all of these price declines ranked by percentage decline during this period.

For more insight and graphic views of relative market performance, click here: #mce_temp_url#

Address LP Prev LP Change % Change Tot BR Dwell Yr Built
4040 BURTON AV 649,900 749,900 100,000 13.34 5 DUPXH 1978
# 1 6351 BUSWELL ST 535,000 599,000 64,000 10.68 3 TWNHS 2007
5251 CALDERWOOD CR 1,120,000 1,250,000 130,000 10.40 3 HOUSE 1958
# 504 5151 BRIGHOUSE WY 899,000 999,000 100,000 10.01 2 APTU 2013
# 203 6340 BUSWELL ST 135,000 149,900 14,900 9.94 2 APTU 1974
# 210 7180 LINDSAY RD 139,900 154,000 14,100 9.16 2 APTU 1974
9200 NO 3 RD 1,080,000 1,180,000 100,000 8.47 3 HOUSE 9999
# 215 5500 COONEY RD 219,900 239,900 20,000 8.34 2 APTU 1982
# 1305 6333 KATSURA ST 368,000 399,000 31,000 7.77 1 APTU 2008
# 303 5171 BRIGHOUSE WY 785,000 849,000 64,000 7.54 2 APTU 2013
# 806 8333 ANDERSON RD 358,000 385,000 27,000 7.01 1 APTU 2012
# 1602 8120 LANSDOWNE RD 1,298,000 1,390,000 92,000 6.62 2 APTU 2009
10180 AMETHYST AV 1,290,000 1,380,000 90,000 6.52 5 4PLEX 1970
8131 LUCAS RD 1,499,000 1,599,000 100,000 6.25 4 HOUSE 1992
# 112 14100 RIVERPORT WY 449,900 479,000 29,100 6.08 2 APTU 2006
# 808 5860 DOVER CR 599,900 638,000 38,100 5.97 3 APTU 1997
# 208 7220 LINDSAY RD 102,800 109,000 6,200 5.69 1 APTU 1971
9671 HADDON CT 1,688,000 1,788,000 100,000 5.59 6 HOUSE 1988
# 325 8480 GRANVILLE AV 678,000 718,000 40,000 5.57 3 APTU 2005
# 309 7080 NO 3 RD RD 425,000 450,000 25,000 5.56 2 APTU 2009
10920 BAMBERTON DR 938,000 988,000 50,000 5.06 5 HOUSE 1976
3215 RICHMOND ST 1,130,000 1,190,000 60,000 5.04 4 HOUSE 2010
3440 GRANVILLE AV 1,698,888 1,788,888 90,000 5.03 5 HOUSE 9999
# 376 8160 WILLIAMS RD 151,900 159,900 8,000 5.00 2 APTU 1973
# 9 7333 TURNILL ST 526,000 553,000 27,000 4.88 3 TWNHS 2006
# 807 8851 LANSDOWNE RD 318,000 333,000 15,000 4.50 1 APTU 1995
8080 NO 3 RD 1,148,000 1,198,000 50,000 4.17 8 HOUSE 9999
# 303 8600 LANSDOWNE RD 258,800 269,900 11,100 4.11 1 APTU 1988
# 221 12633 NO 2 RD 329,000 343,000 14,000 4.08 2 APTU 1997
# 1411 5133 GARDEN CITY RD 475,000 495,000 20,000 4.04 2 APTU 2004
# 605 5151 BRIGHOUSE WY 949,900 988,000 38,100 3.86 2 APTU 2013
# 3003 8080 GRANVILLE AV 529,000 550,000 21,000 3.82 2 TWNHS 2009
# 12 11100 RAILWAY AV 788,000 819,000 31,000 3.79 2 TWNHS 1988
6371 CLEMATIS DR 1,348,000 1,398,000 50,000 3.58 4 HOUSE 1974
9731 PIGOTT RD 1,326,000 1,375,000 49,000 3.56 4 HOUSE 2012
3771 MORESBY DR 1,728,000 1,788,000 60,000 3.36 5 HOUSE 2012
# 807 7535 ALDERBRIDGE WY 579,000 599,000 20,000 3.34 3 APTU 2007
6340 UDY RD 2,698,000 2,790,000 92,000 3.30 5 HOUSE 2012
# 704 5177 BRIGHOUSE WY 888,000 918,000 30,000 3.27 2 APTU 2013
# 346 8500 ACKROYD RD 298,000 308,000 10,000 3.25 2 APTU 1984
# 1605 7360 ELMBRIDGE WY 445,000 458,880 13,880 3.02 2 APTU 2008
# 102 6611 ECKERSLEY RD 324,900 334,900 10,000 2.99 1 APTU 2010
# 306 8600 JONES RD 228,000 235,000 7,000 2.98 1 APTU 1992
# 604 7100 GILBERT RD 339,800 349,800 10,000 2.86 2 APTU 1982
# 101 7580 MINORU BV 209,000 215,000 6,000 2.79 1 APTU 1988
# 214 7700 ST ALBANS RD 299,900 308,000 8,100 2.63 2 APTU 1992
# 910 7988 ACKROYD RD 372,000 382,000 10,000 2.62 1 APTU 2013
3220 SPRINGSIDE PL 865,000 888,000 23,000 2.59 5 HOUSE 1970
# 911 7988 ACKROYD RD 377,000 387,000 10,000 2.58 1 APTU 2013
# 8 9280 GLENALLAN DR 384,800 395,000 10,200 2.58 3 TWNHS 1973
# 1105 6333 KATSURA ST 359,000 368,000 9,000 2.45 1 APTU 2008
# 2 4311 BAYVIEW ST 612,000 627,000 15,000 2.39 2 TWNHS 2003
# 13 10177 PUGWASH PL 498,800 509,900 11,100 2.18 3 TWNHS 1982
# 16 4191 NO 4 RD 518,900 529,900 11,000 2.08 3 TWNHS 2014
# 20 7240 LANGTON RD 488,000 498,000 10,000 2.01 3 TWNHS 1985
# 45 4800 TRIMARAN DR 439,800 448,800 9,000 2.01 3 TWNHS 1979
9811 NO 4 RD 1,799,000 1,835,000 36,000 1.96 5 HOUSE 2013
6259 TIFFANY BV 1,028,000 1,048,000 20,000 1.91 5 HOUSE 1980
# 219 8540 CITATION DR 159,900 162,900 3,000 1.84 1 APTU 1980
# 17 7373 TURNILL ST 549,000 559,000 10,000 1.79 3 TWNHS 2010
# 29 9333 FERNDALE RD 549,000 559,000 10,000 1.79 3 TWNHS 2009
# 10 7231 NO 2 RD 579,900 589,900 10,000 1.70 3 TWNHS 2009
# 306 6033 KATSURA ST 499,999 507,000 7,001 1.38 3 APTU 2007
# 35 6300 BIRCH ST 718,000 728,000 10,000 1.37 3 TWNHS 2004
12240 MCNEELY DR 888,000 898,000 10,000 1.11 5 HOUSE 1994
10155 BRIDGEPORT RD 924,999 935,000 10,001 1.07 8 HOUSE 2005
# 267 9100 FERNDALE RD 430,000 433,000 3,000 0.69 3 APTU 2006
# 112 6560 BUSWELL ST 204,900 205,000 100 0.05 2 APTU 1975
# 203 8451 WESTMINSTER HY 235,800 235,900 100 0.04 2 APTU 1984
Averages 32,378 4.28

If you or any of the people you care about are looking to get into the real estate market or are looking to sell a property, feel free to call to see how I can help make it happen.  I may be reached at: 778-227-7325