$829K  
This week saw another record in a three-week trend in sales growth for the Richmond market. It resulted in 45 homes selling over 30 days, which is a 4.7% jump from last week's number and also the highest amount since November. When comparing other close-by neighborhoods within the same period, the most came from the Fishtown neighborhood with 43 sales. However, a three-week upward trend in new listings is expected to come to an end over the coming weeks. Prices are falling in Richmond, and this period the median price of all sales fell from $106,000 to $86,000. The higher trending sales numbers and the fact that there are a lower-than-normal three months of inventory to work through indicate that Richmond is a seller's market.
Comments:

$829K  
Home sales inched up to 38 homes sold over the last 30 days, providing good news to the Richmond market. That may continue, due to a six-week upward trend for contracts, with 58 in the same time frame. Prices are rising in Richmond, and the median sales price this period increased from $98,977 to $106,000. The higher trending contracts numbers and the fact that there are a lower-than-normal three months of inventory to work through indicate that Richmond is a seller's market.
Comments:

$219K  
The Richmond market closed in on its 12-month sales average this week with 34 homes sold over the last 30 days. Within the same time frame, the Mayfield neighborhood had 45 sales, the most of all neighborhoods in the area. Months of inventory in Richmond was flat at four but prices came down, as the median sales price dropped to $102,488.
Comments:

$330K  
The Richmond market remained soft with 32 homes sold in the last 30 days, a 17.9% sales drop. On the other hand, the close-by Mayfield neighborhood registered 39 homes sold in those same 30 days, the most of all surrounding neighborhoods. Potential buyers should note that there are now four months of inventory available in Richmond and prices have come down. The median sales price dropped to $108,000.
Comments:

$330K  
There were 38 home sales in the Richmond market over the last 30 days, while coming close to the 42.9 monthly average for the last 12 months. At the same time, the Kensington neighborhood reported 45 home sales, the highest number from all of the surrounding neighborhoods. The median sales price dropped to $117,500 over the latest reporting period for Richmond, down from $123,750. The rising sales and a low three months of inventory point to Richmond being a seller's market.
Comments:

$229K  
Sales fell to 36 homes sold over the last 30 days in the Richmond market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 47 for the same period. The median sales price dropped to $123,750, potentially helping to offset the four months of inventory left to be sold.
Comments:

$105K  
Over the last 30 days, 40 homes were sold in the Richmond market, down 2.4%. Additionally, the market is still in a solid downward trend overall. The median sales price rose to $135,950, up from last week's $129,900. With only three months of inventory to sell, Richmond is a still seller's market, even after taking into consideration the falling sales numbers.
Comments:

$330K  
The number of home sales in the Richmond market rose 14.7% to 39 homes over the last 30 days, coming close to the 42.8 monthly average for the last 12 months. At the same time, the Kensington neighborhood reported 58 home sales, the highest number from all of the surrounding neighborhoods. Potential buyers should note that prices went up in Richmond, with the median for this period rising from $123,950 to $124,900. The rising sales and a low three months of inventory point to Richmond being a seller's market.
Comments:

$105K  
A three-week rough patch for the overall sales trend continues in the Richmond market, with number of sales staying even at 33 over the last 30 days. Potential buyers should note that there are now four months of inventory available in Richmond and prices have come down. The median sales price dropped to $123,000.
Comments:

$219K  
Sales fell to 33 homes sold in the Richmond market over the last 30 days. Furthermore, an emerging downturn in the number of pending transactions continued, with 38 completed in the same period. Perhaps due to the contracts numbers, months of inventory is on a four-week upswing, this week hitting four months.
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