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.
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.
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.
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 | - | - | 475 |
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 | - | - | 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 | - | - | 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 | - | - | 684 |
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 |