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Sunday, April 20, 2025

Richmond home prices rise in the first half of 2017

Realestate3

The median sale price of a home sold in the first half of 2017 in Richmond rose by $15,000 while total sales decreased by 84.4%, according to BlockShopper.com.

From January through June of 2017, there were 59 homes sold, with a median sale price of $375,000 - a 4.2% increase over the $360,000 median sale price for the same period of the previous year. There were 379 homes sold in Richmond in the first half of 2016.

The median sales tax in Richmond for the most recent year with available data, 2015, was $1,951, approximately 0.5% of the median home sale price for the first half of 2017.

The following table compares Richmond to other Contra Costa County cities with similar median sales prices in the first half of 2017:

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Oakley19172-89%$411,500$382,2507.7%
San Pablo (Unincorporated)547-89.4%$400,000$365,0009.6%
Hercules1791-81.3%$400,000$442,000-9.5%
Antioch62458-86.5%$389,000$354,2509.8%
Martinez (Unincorporated)547-89.4%$388,000$390,000-0.5%
Pittsburg22215-89.8%$381,000$345,50010.3%
Richmond59379-84.4%$375,000$360,0004.2%
Bay Point (Unincorporated)864-87.5%$325,000$277,50017.1%
San Pablo536-86.1%$289,000$331,000-12.7%
Oakley (Unincorporated)24-50%$264,000$168,75056.4%
Brentwood (Unincorporated)110%$210,000$528,500-60.3%

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