RE/MAX Accord's Market Report

Richmond, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Richmond, CA

Sat Jul 05 2025
This week the median list price for Richmond, CA is $680,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 140. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Richmond, CA

Sat Jul 05 2025
This week the median list price for Richmond, CA is $680,000 with the market action index hovering around 43. This is an increase over last month's market action index of 42. Inventory has held steady at or around 140. 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.

Slight Seller's Advantage

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Richmond market.
Median List Price $680,000
Median Price of New Listings $693,500
Per Square Foot $497
Average Days on Market 64
Median Days on Market 35
Price Decreased 28%
Price Increased 5%
Relisted 8%
Inventory 140
Median Rent
Market Action 43
Slight Seller's Advantage

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
$998,000 2,167 4,500 - 6,500 sqft 4 2 35 6 0 35
$729,000 1,520 4,500 - 6,500 sqft 3 2 70 6 8 35
$649,888 1,203 4,500 - 6,500 sqft 3 2 70 5 13 42
$499,900 967 0 - 4,500 sqft 3 1 85 5 7 63