Balanced Market · 34 days on market
The Riverdale RI, Richmond townhouse market is balanced, giving both buyers and sellers reasonable negotiating power. Townhouses are selling in an average of 34 days on the market. The absorption rate is 14.3% — meaning 14.3% of active townhouse inventory sells each month.
12-month average townhouse sold price
| Month | Sold | Avg price | $/sqft | Avg DOM |
|---|---|---|---|---|
| October | 2 | $1,019,500 | $679 | 47 days |
| September | 1 | $783,000 | $546 | 10 days |
| May | 2 | $932,500 | $618 | 35 days |
| March | 1 | $818,000 | $575 | 20 days |
| February | 1 | $1,060,000 | $608 | 21 days |
| January | 2 | $900,000 | $578 | 7 days |
| December | 1 | $882,000 | $622 | 4 days |
Monthly MLS® sold townhouses over the last 12 months. Months with no recorded sales are omitted; a single sale can swing a month's average in lower-volume areas.
Insufficient recent townhouse sales in Riverdale RI to calculate a reliable average price. See Richmond townhouse market for city-level data.
Riverdale RI is a Balanced Market for townhouses (absorption rate: 14.3%, 0 sold vs 7 active listings in the last 30 days).