Richmond Market Report
$1,707,192
AVERAGE PRICE OF 1,171 HOMES$2,309,782
AVERAGE PRICE OF 725 MULTI-MILLION DOLLAR HOMES$1,574,698
AVERAGE PRICE OF 246 NEWLY BUILT HOMES$1,171,092
AVERAGE PRICE OF 262 HOMES WITH A POOL$1,390,425
AVERAGE PRICE OF 20 REDUCED PRICE HOMESAverage Home
| Average Price | $1,707,192 |
| Avg Bedrooms | 3.2 beds |
| Avg Bathrooms | 2.86 baths |
Average Price by Bedrooms
| 1 bedroom | $684,311 |
| 2 bedrooms | $955,351 |
| 3 bedrooms | $1,450,076 |
| 4 bedrooms | $1,983,978 |
| 5 bedrooms | $3,050,190 |
Richmond Home Price Trends
| 9/2022 | 8/2022 | 7/2022 | 6/2022 | 5/2022 | |
|---|---|---|---|---|---|
| Total Listings | 1,185 | 1,255 | 1,301 | n/a | n/a |
| Average Price | $1,754,144 | $1,751,623 | $1,736,594 | n/a | n/a |
| Avg Price Change | +0.14% | +0.87% | n/a | n/a | n/a |
| Median Price | $1,286,366 | $1,293,842 | $1,288,000 | n/a | n/a |
| Med Price Change | -0.58% | +0.45% | n/a | n/a | n/a |
| Avg Bedrooms | 3.25 beds | 3.26 beds | 3.26 beds | n/a | n/a |
| Avg Bathrooms | 2.91 baths | 2.92 baths | 2.9 baths | n/a | n/a |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,171 | $1,707,192 | 83 days |
| Multi-Million Dollar Homes | 725 | $2,309,782 | 94 days |
| Newly Built Homes | 246 | $1,574,698 | 94 days |
| Homes with a Pool | 262 | $1,171,092 | 78 days |
| Reduced Price Homes | 20 | $1,390,425 | 56 days |
