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: