Buyer's Market
Buyers currently have more choice in South Arm, Richmond's townhouse market, with homes taking longer to sell. If you're considering buying a townhouse in South Arm, Richmond, you have more time to negotiate — though well-priced townhomes still attract attention.
12-month average townhouse sold price
| Month | Sold | Avg price | $/sqft | Avg DOM |
|---|---|---|---|---|
| August | 2 | $967,500 | $685 | 46 days |
| July | 1 | $1,270,000 | $689 | 160 days |
| June | 1 | $750,000 | $523 | 41 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 South Arm to calculate a reliable average price. See Richmond townhouse market for city-level data.
South Arm is a Buyer's Market for townhouses (absorption rate: 0%, 0 sold vs 1 active listings in the last 30 days).