richmond TOWNHOME-DECEMBER 2021
SALESTO LISTINGSRATIO 111% SELLERS'MARKET
▶ MARKETSUMMARY Therewere71townhomelistingsinRichmondin December,31%belowNovemberand67%lowerthan December2020. Decembertownhomesalesdecreasedby31% month-over-month,to79,andwere1.3%above December2020. Thesales-to-listingratiofortownhomesinRichmond,at 111%,reflectedaselers'market. ThetownhomemedianpriceinDecemberwas $1,066,000,a1.2%increasefromNovemberand21% aboveDecember2020. Theaveragesoldpricewas$1,109,233,4%abovelast month;theaveragePSFsalepricewas$748,up1.3%to lastmonth.
AVERAGEPRICE
AVERAGE PSFPRICE ▲ 23% VS2020
MEDIANPRICE
TOTALLISTINGS
SALES
▲ 26% VS2020
▲ 21% VS2020
▼ 67% VS2020
▲ 1.2% VS2020
THISMONTH No.
PREVIOUSYEAR
PREVIOUSMONTH
No.
%Change
No. 114 103
%Change
TOTALLISTINGS TOTALSALES
79 71
$610 $880,820 $880,000 36% 78 217
23% 26% 21% 210% 1.3% -67%
1.3% 4% 1.2% 0.5% -31% -31%
SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF
$748 $1,109,233 $1,066,000 111%
$738 $1,064,142 $1,053,500 111%
▶ AVGPRICEPERSQUAREFOOT
▶ RECENTTRENDS
● DEC 2020 ● DEC 2021
● SALES ● TOTALINVENTORY ● MEDIANPRICE
224
238
208
235
217
232
230
220
177
169
162
179
140
15
14
103
17
14
13
103
97
79
78
93
71
59
$1.07M
$1.05M
$1.03M
$970K
$950K
$948K
$942K
$938K
$945K
$918K
$902K
$880K
$858K
RICHMOND
REBGV
▶ NUMBEROFBEDROOMS
▶ TOTALLISTINGS&SALESBYPRICERANGE
SELERS'MARKET 21%+
BALANCED 12-20%
BUYERS'MARKET <12%
● SALES ● TOTALINVENTORY
● SALES ● TOTALINVENTORY ● S-LRATIO
25
20
100%
100%+ 100%+
100%
95%
4+bdrms
19
20
52
15
3bdrms
56%
45
10
6
2bdrms
5
7
0
1
<$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 1 100%
3 6 200%
13 26 200%
19 18 95%
23 23 100%
9 5 56%
3 0 n/a
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