New Growth Trend in New Listings for Richmond Real Estate Market

With an identifiable upward trend of new sellers listing homes, including 323 over the last 30 days, and sales that have fallen to 212 in that same time frame, the Richmond market will be getting more competitive. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. As new listings came into the market, months of inventory continued to climb as well, trending upwards for four weeks to reach three months. With inventory so low in Richmond, it's still a seller's market, even after taking into consideration the decrease in sales.

You never know when the perfect home may come in the market so take a look at the new listings in Richmond:

$999K   $549K   $440K  

Get started right now by checking out Richmond homes for sale or reviewing Richmond real estate trends.

Demographic facts about Richmond:

  • The population growth rating is 51. (Scale: 1 = Worst, 100 = Best)
  • The area's number of physicians is 642.5 per 100,000 people.
  • The health cost index score in this area is 110.1. (100 = national average)
  • The breakdown of residents commuting to work is 70.0% by car, 11.2% by carpool, and 8.3% by public transit.

Data reported through 10/12/2016

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One South Realty Group, LLC
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Coldwell Banker Avenues
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Joyner Fine Properties
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