Let's take a look at the real estate market trends over the past six months for homes in Richwoods High School District. This report includes all residential properties including single family and single family attached properties but does not include lots.
Homes for Sale
There are currently (02/01/2021) 73 properties for sale. The average days on market is 112 and the median days on market is 75 days. The average list price is $217,003 and the median asking price is $129,900.
Homes that sold within the past 6 months
There have been 361 properties that have sold and closed within the last six months. The average original asking price was $184,959 and the final asking price (after price reductions) was $178,393. The average sales price was $172,829 so the final list price to sales price ratio was 97%. The median original asking price was $154,900 and the final median asking price was $149,900. The median sale price was $145,000 so the final median asking price to sales price ration was 97%.
The average days on market for sold properties was 53 days and the median days on market for sold properties was 24 days.
Homes that did not sell
There were 77 homes that were listed for sale that came off of the market without selling. Listings may fail to sell for many reasons such as being priced too high, having been inadequately marketed, the property was in poor condition, or perhaps the owner had second thoughts about selling at this particular time.
Average Asking Price$217,003
Median Asking Price$129,900
Average Sold Price$172,829
Median Sold Price$145,000
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