Latest Housing Market Data Report, Richmond, VA for Aug 12-Aug 19, 2024

**Last month sold data is not available in Realtor, Homes and Trulia

Sales rate = no of properties sold/avg no of properties listed

Sold Highlights

Website Sold
Redfin

136

42% WoW

-12% MoM

Zillow

60

71% WoW

-10% MoM

For Sale Highlights

Website For sale
Homes.com

66

29% WoW

-16% MoM

Realtor.com

100

22% WoW

-18% MoM

Redfin

175

9% WoW

-13% MoM

Trulia

95

38% WoW

4% MoM

Zillow

79

14% WoW

4% MoM

Rental Highlights

Website For rent
Zillow

399

-15% WoW

-11% MoM

WoW (Week-over-Week): Represents the percentage change in the number of properties compared to the previous week.

MoM (Month-over-Month): Reflects the percentage change in the number of properties compared to the previous month.

Medain days on market: The median number of days that homes in Richmond, VA remain listed before being sold.

Medain sale price: The median price at which homes across Richmond, VA were sold.

Medain list price: The median price at which homes across Richmond, VA were listed.

Medain price per sqft: The median sale price per square foot in Richmond, VA.

Percent of Sales Under/Over List price: Share of sales where sale price below/above the final list price; excludes homes sold for exactly the list price.

Percent homes with price drop: The share of homes that have reduced their price from the initial listing price.