Real Estate Monthly Market Update

November 2018 : Richmond Market Update

Condo:

💰 Average Condo Price= $658,500  ( ⬇ - 3.5% vs. October 2018)
📊 Inventory = 642   (+ 60.1% vs. October 2017)
🎩 Sales down ⬇ - 55.8% vs. October 2017
🕐 Average Day on Market: 52

House:

💰 Average House Price= $1,606,900  ( ⬇ - 7.2 % vs. October 2017)
📊 Inventory = 854   (+8.1 % vs. October 2017)
🎩 Sales down  - 32% vs. October 2017
🕐 Average Day on Market: 61


🤷‍♂️Should you keep your home on the market or take it off until next spring? Watch 🎥 👆

October 2018 : Richmond Market Update

Condo:

💰 Average Condo Price= $681,900  (+9.3% vs. October 2017)
📊 Inventory = 634   (+ 63% vs. October 2017)
🎩 Sales down  - 38.6% vs. October 2017
🕐 Average Day on Market: 38

House:

💰 Average House Price= $1,634,800  (- 6.6 % vs. October 2017)
📊 Inventory = 900   (+13.5 % vs. October 2017)
🎩 Sales down  - 36.6% vs. October 2017
🕐 Average Day on Market: 61


🤷‍♂️Who Benefits?= Watch 🎥 👆

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