Over the last 30 days, 71 homes were sold in the Richmond market, down 1.4%. Additionally, the market is still in a solid downward trend overall. All indications show that the trend may be coming to an end, meaning more sales over the next few weeks. The median sales price dropped to $440,000 over the latest reporting period for Richmond, down from $455,000. There are only two months of inventory available in Richmond, so it's still definite seller's market, even with the shrinking sales numbers.
If price is the most important factor in your decision, these are some inexpensive homes being listed in Richmond:
Get started right now by checking out Richmond homes for sale or reviewing Richmond real estate trends.