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Luxury Market Report – January 2020

Richmond Luxury Market Summary | December 2019

• The Richmond single-family luxury market is a Seller’s Market with a 26% Sales Ratio.
• Homes sold for a median of 98.67% of list price in December 2019.
• The most active price band is $1,200,000-$1,399,999, where the sales ratio is 100%.
• The median luxury sales price for single-family homes has increased to $850,000.
• The median days on market for December 2019 was 24 days, down from 26 in November 2019.

Scroll below to see the full statistics of the Luxury Market here in Richmond, Virginia.



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