Richmond Row/Townhouse Market Update – November 15, 2025
Market Highlights (as of November 15, 2025)
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Average Sold Price: Over the past 12 months, row/townhouse homes in Richmond have achieved an average sold price of about $630,005.
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Average Days on Market: The average selling pace over the period was around 27.1 days, which reflects a typical mid-range selling pace for this type of home.
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Odds of Selling: Combining completed sales and current pendings, the odds of a successful sale for a row/townhouse listing in Richmond over this window comes in at roughly 75%, based on 30 sold, 0 pending, and 10 that did not sell.
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Monthly Selling Rate: A total of 30 sales over the past year translates into a monthly selling rate of roughly 2.5 row/townhouse sales per month in Richmond.
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Months of Inventory: With 2 active listings at the time of this snapshot and the current selling rate, months of inventory sits near 0.8 months, indicating that supply is relatively limited, so new listings can attract attention quickly.
Time to Sell
The Time to Sell chart plots individual row/townhouse sales in Richmond by days on market and sold price over the past 12 months, from 2024-11-15 to 2025-11-15. Each point represents one sold listing, with days on market on the horizontal axis and sold price on the vertical axis, plus reference lines showing the average sold price and a typical selling pace for this segment.
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Over the past 12 months, row/townhouse listings here have taken about 27.1 days on average to go from listing to a firm sale. That’s a practical guide for how long a typical sale has taken in this segment.
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Sales that completed in less than about 12.2 days sit on the faster side of the chart and often reflect well-prepared listings that were aligned with recent pricing, while sales that took longer than roughly 34.2 days illustrate cases where extra time was needed before the right buyer and price match came together.
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Across this period, the average sold price for row/townhouse homes in Richmond has been near $630,005, and points that sit well to the right of the typical days-on-market line highlight situations where pricing, condition, or more specialized features required additional exposure before a firm sale.
Odds of Selling
The Odds of Selling chart summarizes how many row/townhouse listings in Richmond have sold, how many are still on the market, and how many were removed without a completed sale over the past 12 months, from 2024-11-15 to 2025-11-15. It also rolls those counts into an overall estimate of the percentage of listings that ultimately reach a firm sale.
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Odds of Selling: In the last year, the row/townhouse segment in Richmond has seen 30 completed sales and 0 pending deals, alongside 2 active listings and 10 that ended without a sale. Rolled up, that translates into about 75% of listings eventually reaching a firm sale.
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Monthly Selling Rate: Spread over the year, that activity works out to roughly 2.5 row/townhouse sales per month in Richmond, a straightforward read on how much buyer demand has been in play.
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With around 0.8 months of inventory derived from 2 active listings and the recent selling rate, supply is relatively limited, so new listings can attract attention quickly
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In this context, “not sold” captures listings that were terminated, expired, or withdrawn without reaching a firm sale, which helps distinguish between properties that successfully completed the moving process and those that left the market for other reasons.
Buying Pattern
The Buying Pattern chart shows how many row/townhouse sales in Richmond were completed in each of the last 12 months, including 11 full months plus the current month-to-date, so you can see how activity has moved through the year between 2024-11-15 and 2025-11-15.
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The busiest months for closed row/townhouse sales over this period were Aug 2025, where the bar heights sit at the top of the chart for this 12-month window.
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On the quieter side, months such as Dec 2024 and Mar 2025 sit closer to the bottom of the chart, illustrating periods where fewer row/townhouse sales were recorded.
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Across the 12-month window, monthly closed sales ranged from about 0 to 6 deals, for a total of 28 completed sales. That lines up with the monthly selling rate of roughly 2.5 sales per month shown in the broader odds-of-selling view.
Price vs. Square Footage
The Price vs. Square Footage chart focuses on the last three months of row/townhouse sales in Richmond, plotting each sale by interior size on the horizontal axis and sold price on the vertical axis. A trend line is overlaid to summarize how sale prices have tended to move as square footage changes in this recent sample.
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Recent closed row/townhouse sales in this view span from around 1,187.4 sq. ft. through to roughly 2,172.7 sq. ft., and within that range the trend line suggests a moderate relationship where higher square footage has recently been associated with higher sale prices.
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On this chart, most recent row/townhouse sales fall into a familiar size range for this community. That gives a practical sense of how buyers have been valuing extra square footage in everyday day-to-day trades. This view is based on about 11 sales over the most recent three-month period.
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Taken together with the average sold price of roughly $630,005 over the full 12-month window, the chart can be used as a directional guide: you can locate a home's square footage on the horizontal axis, follow it up toward the trend line, and get a sense of where similar recent sales have been concentrating on the price scale.
Key Takeaways
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Market tilt: With months of inventory sitting near 0.8 months, overall conditions in the row/townhouse segment of Richmond point toward seller-leaning conditions. That shapes how much leverage buyers and sellers have when they negotiate around recent comparables.
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Listing outcomes: Over the last 12 months, roughly 75% of row/townhouse listings in Richmond have either sold or are currently pending, while the remainder were withdrawn or expired. That makes it important to align pricing and preparation with where most successful sales have been landing on the charts.
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Time to sell: The typical row/townhouse listing in Richmond has taken around 18.5 days to firm up, which means the selling process has been progressing at a mid-range pace that feels typical for this type of home; for planning purposes it is wise to allow for some variability around that median.
Other Property Types in Richmond
Want to see the market trend for other property types in Richmond?
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