New Downward Trend in New Listings for Richardson Real Estate Market

With a budding downward trend of new sellers listing homes, including 61 over the last 30 days, and sales that fell to 69 in that same time frame, the Richardson market will be slowing down. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. The median sales price remained unchanged over the latest reporting period for Richardson, coming in at $284,900. In spite of the decrease in sales, a low two months of inventory signals that Richardson is a definite seller's market.

Want a more traditional home in Richardson? Then start your search with these listings that were built before most others in the market:

$240K   $309K   $325K  

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

Demographic facts for Richardson:

  • There are currently 38,714 households in the area.
  • The area's unemployment rate is 8.0%.
  • The average expenditures for each student in the area is $4,703. ($5,691 = national average)

Data reported through 1/11/2017

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Dallas City Center Realtors
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Keller Williams
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404-784-5759 www.dallasluxuryrealestateauctions.com luxury@realestateauctionoptions.com
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