October 2024 Real Estate Report

Homes For Sale
120 Total
Homes For Sale
Homes added
68 Homes
Added to the Market
Homes For Sale
52 Homes
Sold
Compared to Previous Month
-2%
Fewer Homes For Sale
home chart
2%
More Homes Sold
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Last month in October, housing in Richmond, CA ended with 68 homes being added to the market for sale, for a cumulative monthly total of 120 homes for sale - down -2% compared to September. Richmond, CA had a total of 52 homes sold for the month - up 2% from the month prior.

Detached led the way in homes sold with a total of 44 - up 11%, while attached totaled 8 in closed sales - down -50% from the month of September. The number of detached properties sold under 1500 square feet totaled 26 for the month of October, while homes from 1500 to 2000 square feet recorded 11 sales and homes sized from 2000 to 2500 square feet had 6 sales. While homes from 2500 to 3000 square feet square feet recorded 1 homes sold. The following ranges for detached homes all had no sales: 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.

The number of attached homes sold under 1500 square feet numbered 6, attached homes in the square feet range of 1500 to 2000 recorded 1 sales and attached properties from 2000 to 2500 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.


When are the most homes sold in Richmond, CA?
May:
59 Homes Sold
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The last 12 month period for the city of Richmond, CA shows that the greatest number of homes were sold during the months of April 2024, May 2024 and July 2024. The months of April 2024, May 2024 and July 2024 had 53 - 59 and 55 homes sold, respectively, as compared to an average of 35 for the other months of the year.

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When do homes sell the fastest in Richmond, CA?
May:
22 Days On Market
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The last 12 month period for the city of Richmond, CA shows that homes sold the fastest during the months of December 2023, January 2024 and May 2024. The months of December 2023, January 2024 and May 2024 had 24 - 23 and 22 days on market, respectively, as compared to an average of 30 for the other months of the year.


Average Price Of Homes Sold In Richmond, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Richmond, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Richmond, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202412464853595055495152 - - 475
202391726233242213 - 3122
2022182735363944322528363022372
2021222232374451603439364137455
2020184231181932423233393537378
2019162231304135353134303225362
2018242228343943343131363825385
2017251441383231423731314128391
Average Days On Market (DOM) In Richmond, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
202423283826222730293028 - - 28
202361423717383071139831 - 2463
202221161822171816162524194922
20211451910171512191714152015
202026302211231522242019202722
201941171627232117242117352824
201829251419131620241922202320
201748443722271522192822332929
Average Days From List To Close Of Escrow In Richmond, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
202453547153535666536257 - - 58
2023957362446364313043572 - 5393
202252664350475040405053426950
202151705447465046545543505352
202065656536665357615151516557
201975605761584744555742697458
201871734150394150524346465050
201787717554654154495950706161
Number of homes added to the market in Richmond, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
202452626279667575757068 - - 684
2023272926282732283835222012324
202229353541383640313133165370
2021342340484362443444392912452
2020264634203239294237442316388
201926293333404729312940127356
2018282426434832333043432311384
2017233330393738343925472310378