Woodwards, Richmond House Market Report – August 2020

In August 2020, the Woodwards, Richmond house real estate market is classified as a Buyer's Market with an absorption rate of 11.3%. Conditions may favour buyers — there is relatively more supply than demand, giving buyers more choice and negotiating room. Always consult a licensed REALTOR® to assess your specific situation.

6 house properties sold in Woodwards, Richmond during August 2020 based on MLS® records. There were 53 active listings at the start of the month. A total of 13 new listings came to market during the month.

The average house sold price in Woodwards, Richmond in August 2020 was $1,427,167. Sold prices ranged from $1,060,000 to $1,900,000. Data is sourced from MLS® board records.

In August 2020, house properties in Woodwards, Richmond averaged 86 days on the market before selling. With an absorption rate of 11.3%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

Year-over-year comparison data is not available for Woodwards, 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.