Usually when we hear about Richmond in the media, it’s another sad crime story from the city across the Bay. But this time, we’re bringing the attention closer to home and featuring an analysis of the Inner Richmond. We took the liberty of running some numbers in the area and suffice it to say, were shocked at the results (especially in this market!)
We looked at median sales prices for condos and single family homes in the ‘hood, dating back to 1995 and running through October 22 of each respective year. The reason we capped each year at October 22 is so that we could include 2008 and see what’s going on in the present-day market. Here is a look at those median sales prices:
Holy moly, look at that Read the rest of this entry ?