Broadmoor, Richmond Market Report – April 2021

In April 2021, the Broadmoor, Richmond real estate market is classified as a Balanced Market with an absorption rate of 13.3%. The market in Broadmoor, Richmond is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

11 properties sold in Broadmoor, Richmond during April 2021 based on MLS® records. There were 83 active listings at the start of the month. A total of 28 new listings came to market during the month.

The average sold price in Broadmoor, Richmond in April 2021 was $1,680,568. Sold prices ranged from $547,000 to $3,428,571. Data is sourced from MLS® board records.

In April 2021, properties in Broadmoor, Richmond averaged 41 days on the market before selling. With an absorption rate of 13.3%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

Year-over-year comparison data is not available for Broadmoor, Richmond in April 2021. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.