richmond TOWNHOME-DECEMBER 202
SALESTO LISTINGSRATIO 26% SELLERS'M ARKET
▶ MARKETSUMMARY Therewere140 townhom elistingsin Richm ond in D ecem ber,27% below N ovem berand 97% higherthan D ecem ber2021. D ecem bertownhom esalesdecreased by25% m onth-over-m onth,to36,and were54% below D ecem ber2021. Thesales-to-listing ratio fortownhom esin Richm ond,at 26% ,reflected aselers'm arket. Thetownhom em edian pricein D ecem berwas $1,094,950,a5% increasefrom N ovem berand 3% above D ecem ber2021. Theaveragesold pricewas$1,113,228,3% abovelast m onth;theaveragePSF salepricewas$758,up 8% to lastm onth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 1.7% VS2021
MEDIAN PRICE
TOTALLISTINGS
SALES
▲ 0.8% VS2021
▲ 3% VS2021
▲ 97% VS2021
▼ 54% VS2021
THISMONTH No. $758 $1,113,228 $1,094,950 26% 36 140
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No.
%Change
TOTALLISTINGS TOTALSALES
78 71
1.7% 0.8% 3% -77% -54% 97%
$703 $1,075,902 $1,045,000 25% 48 192
-25% -27%
SALES-LISTINGSRATIO MEDIAN SOLD PRICE AVERAGESOLD PRICE AVERAGEPRICEPSF
$745 $1,104,351 $1,060,500 110%
8% 3% 5% 3%
▶ AVG PRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2021 ● DEC 202
● SALES ● TOTALINVENTORY ● MEDIAN PRICE
248
231
229
230
192
220
217
195
160
15
140
93
19
87
80
78
71
56
48
47
73
64
56
36
45
39
$1.23M $1.17M
$1.16M
$1.13M $1.15M
$1.06M $1.11M
$1.06M
$1.05M $1.09M
$1000K $989K $1.07M
RICHMOND
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SEL ERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
50
8
4+bdrms
30
40
21
30
60%
3bdrms
87
42%
20
31%
7
2bdrms
17% 15%
10
19
0
<$400K $400-599K $600-799K $800-999K $1.0M -1.24M $1.25M -1.49M $1.5M -1.99M $2M +
<2bdrms
S-LRATIO SALES INVENTORY
1 0 n/a
11 0 n/a
5 3 60%
24 10 42%
49 15 31%
29 5 17%
20 3 15%
1 0 n/a
4
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