Mclennan North, Richmond House Market Report – August 2020

In August 2020, the Mclennan North, Richmond house real estate market is classified as a Seller's Market with an absorption rate of 75%. It is currently a seller's market in Mclennan North, Richmond. While demand is elevated, qualified buyers can still find opportunities. Always consult a licensed REALTOR® to assess your specific situation.

3 house properties sold in Mclennan North, Richmond during August 2020 based on MLS® records. There were 4 active listings at the start of the month. A total of 1 new listings came to market during the month.

The average house sold price in Mclennan North, Richmond in August 2020 was $3,232,933. Sold prices ranged from $1,448,000 to $6,700,000. Data is sourced from MLS® board records.

In August 2020, house properties in Mclennan North, Richmond averaged 75 days on the market before selling. With an absorption rate of 75%, the market is currently a Seller's Market. A lower average days-on-market indicates stronger demand.

Year-over-year comparison data is not available for Mclennan North, Richmond in August 2020. Browse the monthly archive to track price trends over multiple years for this area. Data is sourced from MLS® sold records.