Balanced Market · avg townhouse price $1,045,000 · 1 sold (30d) · 51 days on market
The Garden City, Richmond townhouse market is balanced, giving both buyers and sellers reasonable negotiating power. In the past 30 days, 1 townhouses sold across Garden City, Richmond at an average sold price of $1,045,000. Townhouses are selling in an average of 51 days on the market. The absorption rate is 12.5% — meaning 12.5% of active townhouse inventory sells each month. Average townhouse prices in Garden City, Richmond are down 4.1% compared to the 90-day average of $1,089,333.
12-month average townhouse sold price
Garden City is a Balanced Market for townhouses (absorption rate: 12.5%, 1 sold vs 8 active listings in the last 30 days).