Richmond City Real Estate Market Sees Home Sales Numbers Rise

The Richmond City market made gains this week as sales rose 2.6% to hit 313 homes sold over the last 30 days. In comparison, nearby Chesterfield County had 591 sales in the same time frame, the most of all neighboring counties. A months of inventory number of two reported this week continued a four-week upward trend. The increase in sales and the low inventory drive home the fact that Richmond City is a definite seller's market.

Trying to find a home in Richmond City that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$4.2M   $749K   $850K  

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Demographic facts for Richmond City:

  • The population growth rating is 48. (Scale: 1 = Worst, 100 = Best)
  • The ratio for physicians is 642.5 for every 100,000 people.
  • The health cost index score in this area is 110.1. (100 = national average)
  • Residents who travel to work by car account for 70.0% of all commuters, while carpools account for 11.2%, and public transit makes up 8.3%.

Data reported through 6/14/2017

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First Choice Realty
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