$289K  
The Richmond market pulled back with a 28.3% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 43.2 monthly average with 38 homes sold. Within the same time frame, the Mayfield neighborhood had 46 sales, the most of all neighborhoods in the area. The median sales price in Richmond rose to $93,500 while months of inventory shot up to four.
Comments:

$219K  
With a new upward trend of new sellers listing homes, including 71 over the last 30 days, and sales that remained the same at 52 in that same time frame, the Richmond market will be steady. 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 $88,450 over the latest reporting period for Richmond, up from $87,000. There are only three months of inventory available in Richmond, so it's a seller's market, even if sales are flat.
Comments:

$164K  
New listings have increased in the Richmond market, reaching a high that hasn't been seen since August. There were also 51 homes sold over the last 30 days. In comparison, the Kensington neighborhood had 75 new listings in the same time frame, the most of all close-by neighborhoods. The median sales price in Richmond stayed flat at $87,000 while months of inventory shot up to four.
Comments:

$329K  
The number of home sales in the Richmond market rose 14.6% to 55 homes over the last 30 days. In comparison, the Mayfield neighborhood had 53 sales in the same time frame, the most of all neighborhoods in the area. Prices are falling in Richmond, and this period the median price of all sales fell from $91,000 to $87,000. The rising sales and a low three months of inventory point to Richmond being a seller's market.
Comments:

$186K  
The number of home sales in the Richmond market rose 15.0% to 46 homes over the last 30 days, exceeding the 42.0 monthly average for the last 12 months. At the same time, the Mayfield neighborhood reported 48 home sales, the highest number from all of the surrounding neighborhoods. There are four months of inventory remaining in Richmond, and the market is swinging toward the buyer, especially since the median sales price dropped dramatically to $97,500 this week.
Comments:

$150K  
The Richmond market looked solid in this week's report, as the number of sales went up to 38 homes sold over the last 30 days. To put it in perspective, the close-by Mayfield neighborhood registered 50 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price dropped to $130,500, potentially helping to reduce the four months of inventory left to be sold.
Comments:

$101K  
New listings have fallen in the Richmond market, reaching a low that hasn't been seen since July. They also had a 30-day tally of 36 sales. When comparing other close-by neighborhoods within the same period, the most came from the Fishtown neighborhood with 104 new listings. The median sales price rose dramatically to $136,000, and there are a fairly average four months of inventory left to be sold.
Comments:

$349K  
The Richmond market saw sales reduction 23.2% this week but it is currently in the midst of a recent upward sales trend, including 43 homes sold over the last 30 days. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $110,000 this week.
Comments:

$165K  
The Richmond market was active in this week's report, as the number of home sales climbed 13.0%, pushing the total to 52 homes sold over the last 30 days. In comparison, the Oxford Circle neighborhood had 60 sales in the same time frame, the most of all neighborhoods in the area. Potential buyers should note that prices went up in Richmond, with the median for this period rising from $91,500 to $103,000. Along with the increase in sales, the fact that there are a lower-than-normal three months of inventory indicates that Richmond is a seller's market.
Comments:

$224K  
The number of sellers reducing prices in the Richmond market trended up to 78 over the last 30 days, extending a three-week streak. During the same period, 44 sales were completed. The median sales price dropped to $91,500, potentially helping to offset the four months of inventory left to be sold.
Comments:
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