Buyer's Market · avg house price $1,950,000 · 1 houses sold (30d) · 77 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, 1 houses and detached homes sold across Broadmoor, Richmond at an average sold price of $1,950,000. Properties are selling in an average of 77 days on the market. The absorption rate is 2.8% — meaning 2.8% of the active house inventory sells each month. Average house prices in Broadmoor, Richmond are down 16.9% compared to the 90-day average of $2,345,375. 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: 2.8%, 1 sold vs 36 active listings in the last 30 days).