A clear read on pricing, pace, and what it means for your next move.
If you are trying to decide whether to list now or wait, Richmond, TX gives you a pretty clear answer pricing still matters, and pace is not fast enough to ignore. Last month, a typical sale took 40 days and landed at 95.9% of asking, so I would treat careful pricing as the first decision, not the last.
Last month in Richmond, TX, supply stood at 4.58 months, a typical sale took 40 days, and homes closed at 95.9% of asking. Median sold price was $369,900, which keeps the conversation focused on how price and patience work together right now.
For a seller, that mix says I would not rush to the top of the market with a guess. I would pay close attention to how the first week is received, because the numbers point to a market where buyers still have room to compare options before they commit.
Lead with a sharp price. Keep the first impression tight. Be ready to adjust quickly if early interest is softer than expected.
