Buyer's Market · avg house price $2,783,450 · 4 houses sold (30d) · 54 days on market
Buyers currently have more choice in Broadmoor, Richmond's detached home market, with homes taking longer to sell. In the past 30 days, 4 houses and detached homes sold across Broadmoor, Richmond at an average sold price of $2,783,450. Properties are selling in an average of 54 days on the market. The absorption rate is 9.5% — meaning 9.5% of the active house inventory sells each month. Average house prices in Broadmoor, Richmond are up 11.7% compared to the 90-day average of $2,492,754. If you're considering buying a house in Broadmoor, Richmond, you have more time to negotiate — though well-priced single-family homes still attract attention.
12-month average house sold price
Broadmoor is a Buyer's Market for detached homes and houses (absorption rate: 9.5%, 4 sold vs 42 active listings in the last 30 days).