Richmond Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $330,000
    5% ( $19,000 ) vs Aug 2013
  • Median Sales Price
    $307,000
    2% ( $6,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $258,500
    12% ( $36,581 ) vs Aug 2013
  • Foreclosures 670
    Homes for Sale 84
    Recently Sold 1,121

Market Summary

There are currently 670 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 84.

In September, the number of properties that received a foreclosure filing in Richmond, CA was 7% lower than the previous month and 5% higher than the same time last year.

Home sales for August 2014 were up 43% compared with the previous month, and down 4% compared with a year ago. The median sales price of a non-distressed home was $307,000. The median sales price of a foreclosure home was $258,500, or 16% lower than non-distressed home sales.

Sales Prices - Richmond, CA




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$258,500 (Median Foreclosure Sales Price) $295,081 (Median Foreclosure Sales Price) $288,000 (Median Foreclosure Sales Price) $288,000 (Median Foreclosure Sales Price) $241,100 (Median Foreclosure Sales Price) $202,000 (Median Foreclosure Sales Price) $307,000 (Median Sales Price) $301,000 (Median Sales Price) $312,000 (Median Sales Price) $286,500 (Median Sales Price) $269,000 (Median Sales Price) $259,050 (Median Sales Price) $258,500 (Median Foreclosure Sales Price) $295,081 (Median Foreclosure Sales Price) $288,000 (Median Foreclosure Sales Price) $288,000 (Median Foreclosure Sales Price) $241,100 (Median Foreclosure Sales Price) $202,000 (Median Foreclosure Sales Price) $307,000 (Median Sales Price) $301,000 (Median Sales Price) $312,000 (Median Sales Price) $286,500 (Median Sales Price) $269,000 (Median Sales Price) $259,050 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
San Francisco
491
30.8
% (y-o-y)
$1,002,500
17.9
% (y-o-y)
22.2%
29.4
% (y-o-y)
Oakland
292
35.4
% (y-o-y)
$500,750
7.6
% (y-o-y)
40.1%
50.6
% (y-o-y)
Berkeley
72
25.8
% (y-o-y)
$817,000
7.5
% (y-o-y)
19.5%
27.0
% (y-o-y)
San Rafael
62
18.4
% (y-o-y)
$782,500
7.2
% (y-o-y)
28.4%
36.0
% (y-o-y)
San Pablo
40
29.8
% (y-o-y)
$300,000
33.3
% (y-o-y)
0.8%
1.1
% (y-o-y)
Mill Valley
34
3.0
% (y-o-y)
$1,100,000
3.6
% (y-o-y)
9.1%
1.8
% (y-o-y)
El Sobrante
31
29.2
% (y-o-y)
$396,000
17.0
% (y-o-y)
15.5%
12.3
% (y-o-y)
Emeryville
26
44.7
% (y-o-y)
$460,000
15.3
% (y-o-y)
Data not available
Hercules
25
21.9
% (y-o-y)
$442,000
33.5
% (y-o-y)
Data not available
El Cerrito
20
41.2
% (y-o-y)
$700,000
16.7
% (y-o-y)
Data not available

Local Info For Richmond

Population:
102,264
Cost of Living Index: 128.89
Crime Index: 300.42     Rating: D- View crime details
Schools: 20    Average School Rating: D+ View individual school rating
Household Median Income: $54,012
Unemployment: 10.00%
Percentage of vacant homes: 12.28%