Richmond Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $350,000
    4% ( $15,000 ) vs Jun 2014
  • Median Sales Price
    $425,000
    21% ( $72,500 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $300,000
    15% ( $40,000 ) vs Jun 2014
  • Foreclosures 493
    Homes for Sale 86
    Recently Sold 341

Market Summary

There are currently 493 properties in Richmond, CA that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 86.

In July, the number of properties that received a foreclosure filing in Richmond, CA was 6% lower than the previous month and 16% lower than the same time last year.

Home sales for June 2015 were up 63% compared with the previous month, and up 24% compared with a year ago. The median sales price of a non-distressed home was $425,000. The median sales price of a foreclosure home was $300,000, or 29% lower than non-distressed home sales.

Sales Prices - Richmond, CA




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$300,000 (Median Foreclosure Sales Price) $260,000 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $252,000 (Median Foreclosure Sales Price) $288,500 (Median Foreclosure Sales Price) $425,000 (Median Sales Price) $352,500 (Median Sales Price) $295,000 (Median Sales Price) $280,000 (Median Sales Price) $317,500 (Median Sales Price) $307,000 (Median Sales Price) $300,000 (Median Foreclosure Sales Price) $260,000 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $250,000 (Median Foreclosure Sales Price) $252,000 (Median Foreclosure Sales Price) $288,500 (Median Foreclosure Sales Price) $425,000 (Median Sales Price) $352,500 (Median Sales Price) $295,000 (Median Sales Price) $280,000 (Median Sales Price) $317,500 (Median Sales Price) $307,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Oakland
350
6.7
% (y-o-y)
$580,000
16.2
% (y-o-y)
32.8%
41.3
% (y-o-y)
San Francisco
303
31.4
% (y-o-y)
$1,175,000
17.5
% (y-o-y)
26.2%
26.0
% (y-o-y)
Berkeley
76
10.6
% (y-o-y)
$980,000
20.5
% (y-o-y)
9.7%
29.4
% (y-o-y)
San Rafael
62
24.4
% (y-o-y)
$811,500
7.0
% (y-o-y)
Data not available
San Pablo
39
8.3
% (y-o-y)
$305,000
13.0
% (y-o-y)
Data not available
Emeryville
38
13.6
% (y-o-y)
$522,550
16.0
% (y-o-y)
32.9%
21.2
% (y-o-y)
Mill Valley
37
15.9
% (y-o-y)
$1,500,000
30.4
% (y-o-y)
Data not available
El Sobrante
34
61.9
% (y-o-y)
$461,500
36.7
% (y-o-y)
30.6%
12.8
% (y-o-y)
Hercules
30
42.9
% (y-o-y)
$462,500
29.4
% (y-o-y)
18.9%
4.9
% (y-o-y)
Pinole
21
23.5
% (y-o-y)
$440,750
21.6
% (y-o-y)
27.6%
21.7
% (y-o-y)

Local Info For Richmond

Population:
102,264
Cost of Living Index: 128.89
Crime Index: 235.69     Rating: C- View crime details
Schools: 20    Average School Rating: D+ View individual school rating
Household Median Income: $54,012
Unemployment: 5.60%
Percentage of vacant homes: 12.28%