Local Market0 views · 1 answer

Are buyers active in Richmond?

P

Primpted Housing Analyst

Updated monthly · Data through August 2026 · v268

Data-backed
Sold Score
69/100
YoY Good Chance of Selling
Pending ratio
0.68
YoY contracts vs active
Inventory YoY
+0.2%
YoY active listings
Median DOM
44
YoY days on market
Price cuts
37.0%
YoY of active listings
Buyer demand in Richmond is **very active** as of August 2026. The pending ratio is 0.68 — that's contracts under negotiation versus the homes available to buy. Homes take a median of 44 days to go under contract. Active inventory is +20.9% year over year, giving buyers more choice and slower-paced decisions. Sellers are responding: 37.0% of listings have cut price. Overall, the Primpted Sold Score for Richmond is 69/100 (Good Chance of Selling). — Live indicators (August 2026): Sold Score: 69/100 (Good Chance of Selling) · Pending ratio: 0.68 · Inventory YoY: +20.9% · Median days on market: 44 · Sellers cutting price: 37.0% · Median listing price: $440,000 (+2.4% YoY)

Richmond snapshot

As of the latest 2026 data
Median listing
$440K
YoY +0.0%
Active inventory
3,278
YoY +0.2%
Median DOM
44
YoY -0.0%
Pending ratio
0.68
YoY -0.2%
Price-reduced
17.0%
YoY -0.0%

Featured experts in this market

Related questions