Woodwards, Richmond House Market Report – December 2021

In December 2021, the Woodwards, Richmond house real estate market is classified as a Buyer's Market with an absorption rate of 3.2%. 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.

4 house properties sold in Woodwards, Richmond during December 2021 based on MLS® records. There were 124 active listings at the start of the month.

The average house sold price in Woodwards, Richmond in December 2021 was $2,175,155. Sold prices ranged from $1,735,000 to $3,047,619. Data is sourced from MLS® board records.

In December 2021, house properties in Woodwards, Richmond averaged 44 days on the market before selling. With an absorption rate of 3.2%, the market is currently a Buyer's Market. A lower average days-on-market indicates stronger demand.

The average house sold price in Woodwards, Richmond in December 2021 was $2,175,155, up 27% year-over-year compared to December 2020 ($1,712,500). Sales volume was down 33.3% compared to the same month last year. Data is sourced from MLS® sold records.