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RICHMOND, CA 94804
Mortgage Insights
Thu Dec 12 2024
This week the median list price for Richmond, CA 94804 is $649,900 with the market action index hovering around 50. This is less than last month's market action index of 52. Inventory has decreased to 23.
Market Narrative
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.