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January 2025 Real Estate Report
106 Total
Homes For Sale
Homes For Sale
82 Homes
Added to the Market
Added to the Market
24 Homes
Sold
Sold
Compared to Previous Month
40%
More Homes For Sale
-42%
Fewer Homes Sold
Last month in January, housing in Richmond, CA ended with 82 homes being added to the market for sale, for a cumulative monthly total of 106 homes for sale - up 40% compared to December. Richmond, CA had a total of 24 homes sold for the month - down -42% from the month prior.
Detached led the way in homes sold with a total of 18 - down -61%, while attached totaled 6 in closed sales - up 17% from the month of December. The number of detached properties sold under 1500 square feet totaled 14 for the month of January and while homes from 1500 to 2000 square feet recorded 4 sales. The following ranges for detached homes all had no sales: 2000 to 2500, 2500 to 3000, 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 5 and attached homes in the square feet range of 1500 to 2000 recorded 1 sales. The following ranges for attached homes all had no sales: 2000 to 2500, 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
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 45 for the other months of the year.
When do homes sell the fastest in Richmond, CA?
May:
22 Days On Market
The last 12 month period for the city of Richmond, CA shows that homes sold the fastest during the months of April 2024, May 2024 and November 2024. The months of April 2024, May 2024 and November 2024 had 26 - 22 and 27 days on market, respectively, as compared to an average of 32 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 |
| 2025 | 24 | - | - | - | - | - | - | - | - | - | - | - | 24 |
| 2024 | 12 | 46 | 48 | 53 | 59 | 50 | 55 | 51 | 51 | 52 | 46 | 34 | 557 |
| 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 |
| Average Days On Market (DOM) In Richmond, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
| 2025 | 37 | - | - | - | - | - | - | - | - | - | - | - | 37 |
| 2024 | 23 | 28 | 38 | 26 | 22 | 27 | 30 | 29 | 30 | 28 | 27 | 38 | 29 |
| 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 |
| 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 |
| 2025 | 72 | - | - | - | - | - | - | - | - | - | - | - | 72 |
| 2024 | 53 | 54 | 71 | 53 | 53 | 56 | 66 | 53 | 62 | 57 | 55 | 64 | 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 |
| Number of homes added to the market in Richmond, CA | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
| 2025 | 82 | - | - | - | - | - | - | - | - | - | - | - | 82 |
| 2024 | 52 | 62 | 62 | 79 | 66 | 75 | 75 | 74 | 70 | 68 | 36 | 28 | 747 |
| 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 |