Over the last week in Richmond, there has been 75 new listings for real estate for sale, 74 price changes and 28 sold properties. All 74 prices changes were declines. The total number of listings for both detached singled family homes, condos and townhouses was 2,252 excluding multi-family units. In essence then, excluding new listings that keep hitting the market, it wold take almost 1.5 years to sell just what is out there right now for sale, at the rate things were last week. It is still definitely a buyer's market.
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