Richmond West, FL

Buyer's market-3.1% YoY

Housing market overview · Updated weekly

$625,000median sale price

Homes sold

19

Last 12 weeks

Days on market

84

Average pace

Active listings

113

5.9 months supply

Sale-to-list

98.7%

Below asking

The Richmond West housing market is currently classified as a buyer's market with a median sale price of $625,000. Prices have fallen 3.1% compared to last year, with homes spending an average of 84 days on market, indicating 5.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

Homes for sale in Richmond West

There are currently 113 homes listed for sale in Richmond West, Florida. The median listing price is $629K.

Active listings

113

Homes on market

Median list price

$629K

Avg. days on market

84

Days until sale

New this week

37

Newly listed

Price drops:17.7%of listings
Sale-to-list:98.7%

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Frequently asked questions

What is the average home price in Richmond West?

The median home sale price in Richmond West is $625,000, down 3.1% from last year.

How long do homes stay on market in Richmond West?

Homes typically spend 84 days on market before going under contract.

Is Richmond West a buyer's or seller's market?

With 5.9 months of supply, Richmond West is currently a buyer's market.

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