Balanced Market · avg townhouse price $2,675,000 · 2 sold (30d) · 59 days on market
The Saunders, Richmond townhouse market is balanced, giving both buyers and sellers reasonable negotiating power. In the past 30 days, 2 townhouses sold across Saunders, Richmond at an average sold price of $2,675,000. Townhouses are selling in an average of 59 days on the market. The absorption rate is 16.7% — meaning 16.7% of active townhouse inventory sells each month. Average townhouse prices in Saunders, Richmond are up 75.9% compared to the 90-day average of $1,521,000.
12-month average townhouse sold price
Saunders is a Balanced Market for townhouses (absorption rate: 16.7%, 2 sold vs 12 active listings in the last 30 days).