What does a Sold Score of 81 mean in Richmond?

A Sold Score of **81/100** in Richmond (May 2026) puts the market in the **"Excellent Chance of Selling"** band. The bands work like this: - **80–100** Excellent Chance of Selling — strong demand, tight inventory - **60–79** Good Chance of Selling — balanced, leaning seller - **40–59** Fair Chance of Selling — balanced, pricing matters - **30–39** Challenging Market Conditions — buyers have leverage - **0–29** Difficult Selling Environment — listings sit, price cuts are common The current score is driven by pending ratio of 1.18, inventory up +4.4% YoY, 36 median days on market, 36.9% of listings reducing price. Pending ratio carries 60% of the weight; inventory, days on market, and price reductions each contribute the remainder. — Live indicators (May 2026): Sold Score: 81/100 (Excellent Chance of Selling) · Pending ratio: 1.18 · Inventory YoY: +4.4% · Median days on market: 36 · Sellers cutting price: 36.9% · Median listing price: $450,000 (-1.4% YoY)