Intero's Market Report

Richmond, CA

Single-Family Homes



Richmond, CA

Sat Mar 02 2024
This week the median list price for Richmond, CA is $634,444 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 50. Click here to stay informed with the Richmond market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Richmond, CA

Sat Mar 02 2024
This week the median list price for Richmond, CA is $634,444 with the market action index hovering around 58. This is an increase over last month's market action index of 55. Inventory has decreased to 50. Click here to stay informed with the Richmond market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Richmond market.
Median List Price $634,444
Median Price of New Listings $712,250
Per Square Foot $500
Average Days on Market 55
Median Days on Market 28
Price Decreased 28%
Price Increased 8%
Relisted 12%
Inventory 50
Median Rent
Market Action 58
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$937,500 2,202 4,500 - 6,500 sqft 4 3 24 6 5 24
$697,000 1,256 4,500 - 6,500 sqft 3 2 68 3 2 24
$610,841 1,229 0 - 4,500 sqft 3 2 74 4 2 49
$515,000 993 0 - 4,500 sqft 3 1 77 3 3 21