New Growth Trend in New Listings for Outer Richmond Real Estate Market

With an emerging upward trend of new sellers listing homes, including 19 over the last 30 days, and sales that have shot up to 14 in that same time frame, the Outer Richmond market will be more intense. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. The median sales price rose to $1,409,500 over the latest reporting period for Outer Richmond, up from $1,254,000. Along with the increase in sales, the fact that there are a lower-than-normal two months of inventory indicates that Outer Richmond is a definite seller's market.

Early bird gets the worm, so be sure to take a look at these new listings in Outer Richmond:

$1.1M   $1.6M   $2.4M  

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

Demographic facts about Outer Richmond:

  • The average age is 44 years old for the population in this area.
  • This area has a health cost index score of 111.3. (100 = national average)
  • The commute times can range from: <15 min (11.5%), 15-29 min (31.9%), 30-44 min (34.4%), 45-59 min (11.2%), >60 min (11.1%).

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
BHG Mason-McDuffie Real Estate
11 reviews
Vanessa Wong, Broker
Snapped 9 homes in this area
Century 21 Real Estate Alliance
Snapped 3 homes in this area

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