$10,000 Closing Credit*
$1,180,000
2,382 SqFt
4 Beds
•3 Full Baths, 1 Partial
#424079817, Dita S Sajid, Listing Office: Coldwell Banker Realty
Is Point Richmond, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Point Richmond has remained a Seller's Market.
Key Takeaway
Point Richmond is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Point Richmond, CA
How much do homes in Point Richmond, CA cost?
Median Sold Price
$899,000
$535/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$151,000(-14.4%)
Key Takeaway
Homes in Point Richmond have sold for 14.4% less than they did a year ago.
Summary: The median home sold price in Point Richmond was $899,000 in October 2024, down 14.4% from last year, and the median price per square foot was $535.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $450K | $520.8K | +15.8% |
| 2 Bedrooms | $747.5K | $642K | -14.1% |
| 3 Bedrooms | $1.1M | $1.3M | +14.7% |
| 4 Bedrooms | $1.2M | $1.1M | -9.5% |
| 5+ Bedrooms | - | $2.4M | N/A |
Summary: Point Richmond housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 15.8%, 2 bedroom homes decreased by 14.1%, 3 bedroom homes increased by 14.7%, 4 bedroom homes decreased by 9.5%, and 5+ bedroom homes did not change.
Housing Supply in Point Richmond, CA
How many homes are available in Point Richmond, CA?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Summary: The Point Richmond real estate market had 14 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 5 | 4 | -20.0% |
| 4 Bedrooms | 2 | 3 | +50.0% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The Point Richmond housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 20%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Point Richmond, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Point Richmond in October 2024, up by 100.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Point Richmond, CA
How long does it take to sell a home in Point Richmond, CA?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 49 Days | 66 Days | +34.3% |
Summary: Homes in Point Richmond had an average of 66 days on market in Oct 2024, up by 34.3% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Point Richmond has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Point Richmond; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
Listings on this page identified as belonging to another listing firm are based upon data obtained from the SFAR MLS, which data is copyrighted by the San Francisco Association of REALTORS©, but is not warranted. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing Broker has attempted to offer accurate data, but buyers are advised to confirm all data provided. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.