Garden City, Richmond House Market Report – October 2020

In October 2020, the Garden City, Richmond house real estate market is classified as a Balanced Market with an absorption rate of 12.9%. The market in Garden City, Richmond is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

4 house properties sold in Garden City, Richmond during October 2020 based on MLS® records. There were 31 active listings at the start of the month. A total of 4 new listings came to market during the month.

The average house sold price in Garden City, Richmond in October 2020 was $1,733,750. Sold prices ranged from $1,290,000 to $2,640,000. Data is sourced from MLS® board records.

In October 2020, house properties in Garden City, Richmond averaged 70 days on the market before selling. With an absorption rate of 12.9%, 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 Garden City, Richmond in October 2020. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.