Last month in November, housing in Richmond, CA ended with 36 homes being added to the market for sale, for a cumulative monthly total of 84 homes for sale - down -43% compared to October. Richmond, CA had a total of 46 homes sold for the month - down -13% from the month prior.
Detached led the way in homes sold with a total of 34 - down -29%, while attached totaled 12 in closed sales - up 33% from the month of October. The number of detached properties sold under 1500 square feet totaled 19 for the month of November, while homes from 1500 to 2000 square feet recorded 8 sales and homes sized from 2000 to 2500 square feet had 3 sales. While homes from 2500 to 3000 square feet square feet recorded 4 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 10 and attached properties from 2000 to 2500 square feet had a total of 2 homes sold. The following ranges for attached homes all had no sales: 1500 to 2000, 2500 to 3000, 3000 to 3500, 3500 to 4000, 4000 to 4500, 4500 to 5000, over 5500.
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 40 for the other months of the year.
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 29 for the other months of the year.
Number of homes sold in Richmond, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 12 | 46 | 48 | 53 | 59 | 50 | 55 | 49 | 51 | 52 | 46 | - | 521 |
2023 | 9 | 17 | 26 | 23 | 32 | 4 | 2 | 2 | 1 | 3 | - | 3 | 122 |
2022 | 18 | 27 | 35 | 36 | 39 | 44 | 32 | 25 | 28 | 36 | 30 | 22 | 372 |
2021 | 22 | 22 | 32 | 37 | 44 | 51 | 60 | 34 | 39 | 36 | 41 | 37 | 455 |
2020 | 18 | 42 | 31 | 18 | 19 | 32 | 42 | 32 | 33 | 39 | 35 | 37 | 378 |
2019 | 16 | 22 | 31 | 30 | 41 | 35 | 35 | 31 | 34 | 30 | 32 | 25 | 362 |
2018 | 24 | 22 | 28 | 34 | 39 | 43 | 34 | 31 | 31 | 36 | 38 | 25 | 385 |
2017 | 25 | 14 | 41 | 38 | 32 | 31 | 42 | 37 | 31 | 31 | 41 | 28 | 391 |
Average Days On Market (DOM) In Richmond, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 23 | 28 | 38 | 26 | 22 | 27 | 30 | 29 | 30 | 28 | 27 | - | 28 |
2023 | 61 | 42 | 37 | 17 | 38 | 30 | 7 | 11 | 398 | 31 | - | 24 | 63 |
2022 | 21 | 16 | 18 | 22 | 17 | 18 | 16 | 16 | 25 | 24 | 19 | 49 | 22 |
2021 | 14 | 5 | 19 | 10 | 17 | 15 | 12 | 19 | 17 | 14 | 15 | 20 | 15 |
2020 | 26 | 30 | 22 | 11 | 23 | 15 | 22 | 24 | 20 | 19 | 20 | 27 | 22 |
2019 | 41 | 17 | 16 | 27 | 23 | 21 | 17 | 24 | 21 | 17 | 35 | 28 | 24 |
2018 | 29 | 25 | 14 | 19 | 13 | 16 | 20 | 24 | 19 | 22 | 20 | 23 | 20 |
2017 | 48 | 44 | 37 | 22 | 27 | 15 | 22 | 19 | 28 | 22 | 33 | 29 | 29 |
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 |
2024 | 53 | 54 | 71 | 53 | 53 | 56 | 66 | 53 | 62 | 57 | 55 | - | 58 |
2023 | 95 | 73 | 62 | 44 | 63 | 64 | 31 | 30 | 435 | 72 | - | 53 | 93 |
2022 | 52 | 66 | 43 | 50 | 47 | 50 | 40 | 40 | 50 | 53 | 42 | 69 | 50 |
2021 | 51 | 70 | 54 | 47 | 46 | 50 | 46 | 54 | 55 | 43 | 50 | 53 | 52 |
2020 | 65 | 65 | 65 | 36 | 66 | 53 | 57 | 61 | 51 | 51 | 51 | 65 | 57 |
2019 | 75 | 60 | 57 | 61 | 58 | 47 | 44 | 55 | 57 | 42 | 69 | 74 | 58 |
2018 | 71 | 73 | 41 | 50 | 39 | 41 | 50 | 52 | 43 | 46 | 46 | 50 | 50 |
2017 | 87 | 71 | 75 | 54 | 65 | 41 | 54 | 49 | 59 | 50 | 70 | 61 | 61 |
Number of homes added to the market in Richmond, CA | |||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 52 | 62 | 62 | 79 | 66 | 75 | 75 | 75 | 70 | 68 | 36 | - | 720 |
2023 | 27 | 29 | 26 | 28 | 27 | 32 | 28 | 38 | 35 | 22 | 20 | 12 | 324 |
2022 | 29 | 35 | 35 | 41 | 38 | 36 | 40 | 31 | 31 | 33 | 16 | 5 | 370 |
2021 | 34 | 23 | 40 | 48 | 43 | 62 | 44 | 34 | 44 | 39 | 29 | 12 | 452 |
2020 | 26 | 46 | 34 | 20 | 32 | 39 | 29 | 42 | 37 | 44 | 23 | 16 | 388 |
2019 | 26 | 29 | 33 | 33 | 40 | 47 | 29 | 31 | 29 | 40 | 12 | 7 | 356 |
2018 | 28 | 24 | 26 | 43 | 48 | 32 | 33 | 30 | 43 | 43 | 23 | 11 | 384 |
2017 | 23 | 33 | 30 | 39 | 37 | 38 | 34 | 39 | 25 | 47 | 23 | 10 | 378 |