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Richfield Market Trends

Today, November 24, 2009

Median Sales Price in Richfield

Embed Info
1 yr 5 yr Max
Richfield median sales prices
Number of sold homes in Richfield
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$32,800-47.1%$51,300$62,000$95,000
2 bedrooms$160,500-4.5%$149,550$168,000$198,500
3 bedrooms$169,000-8.8%$165,000$185,250$217,900
4 bedrooms$197,250-4.2%$155,000$206,000$222,500
All properties$169,432-8.4%$155,000$185,000$210,950
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Richfield Summary

The median sales price for homes in Richfield MN for Aug 09 to Oct 09 was $169,432. This represents an increase of 9.3%, or $14,432, compared to the prior quarter and a decrease of 8.4% compared to the prior year. Sales prices have depreciated 19.7% over the last 5 years in Richfield.

The average listing price for Richfield homes for sale on Trulia was $184,501 for the week ending Nov 18, which represents an increase of 0.9%, or $1,707, compared to the prior week and an increase of 0.3%, or $526, compared to the week ending Oct 28. Average price per square foot for Richfield MN was $149, a decrease of 12.4% compared to the same period last year.

 

Average Listing Price in Richfield

Embed Info
1 yr 5 yr Max
Richfield average property price
Richfield – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom$75,152+0.5%$74,756$81,252$85,943
2 bedrooms$175,481+2.6%$171,028$170,835$171,373
3 bedrooms$202,569+0.6%$201,352$201,013$201,403
4 bedrooms$205,180-1.1%$207,481$206,526$207,704
All properties$184,501+0.9%$182,794$183,343$183,975
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Average Price Per Sqft for Homes in Richfield

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1 yr 5 yr Max
Richfield average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom$56-24.3%$94$74$145
2 bedrooms$155-9.4%$145$171$203
3 bedrooms$152-12.6%$150$174$189
4 bedrooms$159-8.6%$133$174$189
All properties$149-12.4%$141$170$190
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Homes for Sale in Richfield

1112 66th Street #5, Richfield MN
1112 66th…
$139,900
2 br  1 ba
6740 Sheridan Avenue S, Richfield MN
6740 Sheri…
$205,000
2 br  2 ba
6820 5th Avenue S, Richfield MN
6820 5th A…
$199,900
3 br  1 ½ ba
6711 Lake Shore Drive South #514, Richfield MN
6711 Lake…
$59,000
2 br  1 ½ ba
7244 2nd Avenue S, Richfield MN
7244 2nd A…
$172,500
3 br  2 ba
7233 10th Avenue S, Richfield MN
7233 10th…
$189,900
5 br  2 ba
View all Richfield Homes for Sale
 
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Nearby Cities

Cities
Median
sales price
Average
listing price
Bloomington
$187,017
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$282,500
$696,323
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$214,500
$250,961
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$225,000
$388,485
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$271,392
$634,368
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$50,000
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Recent Q&A in Richfield, MN

Q: rental rates 3 answers
Q: I see a house that I am interested in buying. It's boarded up and the neighbors say that it's been foreclosed 4 answers
Q: i'm looking at purchaseing a condominium that is not FHA approved, is this a good investment 6 answers
Q: What impact does a foreclosure have on the terms fo a lease? Who gets the rent checks, the bank or the landlord? 2 answers
Q: New listing at 2857 Dakota Ave South in Saint Louis Park (thoughts/HELP)? 13 answers

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Our real estate market trends page gives you a valuable overview of the Richfield real estate market. Find Richfield properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Richfield average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Richfield housing statistics are available for each Richfield, MN neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.