The Richmond City market will be getting more competitive in the short term. Sales have fallen this week to 212 homes sold over the last 30 days, and there is also a recent upward trend of new listings, with 323 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. With the strong number of new listings, months of inventory hit three, extending an upward trend to four weeks. With such low levels of inventory, Richmond City is still a seller's market, in spite of the dip in sales.
You can be the one to discover a gem in Richmond City by checking out these new listings: