Richardson Real Estate Market Extends Weakening in Contracts

The Richardson market saw 82 homes go under contract and failed to break out of an emerging downward trend. Along with that, total home sales fell to 87 over the last 30 days. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. The median sales price of all transactions in Richardson did not budge this week, remaining at $279,900. There are only two months of inventory available in Richardson, so it's still definite seller's market, even with the shrinking contracts numbers.

Curious as to which homes have been getting the most attention in Richardson? These listings have stirred up interest and produced the most views:

$375K   $820K   $329K  

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

Demographic facts about Richardson:

  • This area has a rating of 73 for the population growth. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 291.2 for every 100,000 people.
  • The area's health cost index score is 100.0. (100 = national average)
  • The breakdown of residents commuting to work is 82.4% by car, 7.9% by carpool, and 1.6% by public transit.

Data reported through 10/12/2016


Ask a local expert about this area:
Justin Henry Real Estate Advisors LLC
43 reviews
Snapped 6 homes in this area
Rogers Healy And Associates
Snapped 4 homes in this area

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