Buyer's Market · avg house price $1,325,000 · 1 houses sold (30d) · 30 days on market
Buyers currently have more choice in Garden City, Richmond's detached home market, with homes taking longer to sell. In the past 30 days, 1 houses and detached homes sold across Garden City, Richmond at an average sold price of $1,325,000. Properties are selling in an average of 30 days on the market. The absorption rate is 5.3% — meaning 5.3% of the active house inventory sells each month. Average house prices in Garden City, Richmond are down 9.9% compared to the 90-day average of $1,469,829. If you're considering buying a house in Garden City, Richmond, you have more time to negotiate — though well-priced single-family homes still attract attention.
12-month average house sold price
Garden City is a Buyer's Market for detached homes and houses (absorption rate: 5.3%, 1 sold vs 19 active listings in the last 30 days).