$345K  
The Richmond market will be getting more competitive in the short term. Sales have dropped this week to one home sold over the last 30 days, and there is also a confirmed upward trend of new listings, with 13 going live in the same time frame. All indications show that the trend may be coming to an end, meaning less new listings over the next few weeks. Potential buyers should note that prices went up in Richmond, with the median for this period rising from $239,019 to $305,000. Richmond is a definite buyer's market, due to a big 22 months of inventory left and aided by the dip in sales.
Comments:

$489K  
In this week's report, the number of homes sold in the Richmond market slid to two over the past 30 days, a decrease of 50.0% from last week's report, but still above the monthly average. Pricing in Richmond remains consistent from last week to this week, with the median sales price at $239,019 again. With decreasing sales and the availability of 10 months of inventory, Richmond is a definite buyer's market.
Comments:

$425K  
The Richmond market saw sales remain flat this week with four homes sold over the last 30 days, while new listings rose to 16. Potential buyers should take note that the median sales price in Richmond stayed flat at $239,019 and that there are four months of inventory still available.
Comments:

$319K  
Home sales in the Richmond market have steadily topped the monthly average for some time. However, this week the numbers came down by 33.3% to come in at four homes sold during the last 30 days. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price stayed flat at $239,019 this week.
Comments:

$489K  
With five homes sold in the Richmond market over the last 30 days, we see no change from last week's numbers. However, 14 new listings came into the market. The median sales price dropped to $231,539 over the latest reporting period for Richmond, down from $261,330. In spite of flat sales, a low three months of inventory signals that Richmond is a seller's market.
Comments:

$369K  
The Richmond market looked solid this week and remained above its average as sales jumped 66.7% to reach five homes sold over the last 30 days. The median sales price of homes sold came in at $261,330, which extended a price upswing to four weeks. The increasing prices a low two months of inventory point to Richmond being a solid seller's market.
Comments:
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