Richmond Real Estate Market Report

Blog by Arnold Shuchat | May 6th, 2015

The median listed price of a single family home out of 333 active listings in West Richmond today is $1.599 Mill for a 3030 sq ft home in Terra Nova built in 1993 on a 5610 Sq ft lot having 5 bedrooms and 4 bathrooms.

The median selling price for the last 30 days of those single family units sold is: $1,180,000 for a 3050 sq ft home on a 5119 sq ft lot in Lackner on Jaskow Dr., the home having been built in 1986 and having 4 bedrooms and 3 bathrooms.

What does that tell you?  What the market is buying and what's for sale is about 37% apart at the median points.