Buyer's Market · avg house price $1,987,500 · 2 houses sold (30d) · 35 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, 2 houses and detached homes sold across Garden City, Richmond at an average sold price of $1,987,500. Properties are selling in an average of 35 days on the market. The absorption rate is 11.1% — meaning 11.1% of the active house inventory sells each month. Average house prices in Garden City, Richmond are up 19.2% compared to the 90-day average of $1,668,000. 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: 11.1%, 2 sold vs 18 active listings in the last 30 days).