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West Contra Costa News

Wednesday, April 9, 2025

Richmond home prices fall in the first half of 2019

Webp re 12

The median sale price of a home sold in the first half of 2019 in Richmond fell by $85,000 while total sales decreased by 68.4%, according to BlockShopper.com.

From January through June of 2019, there were six homes sold, with a median sale price of $450,000 - a 15.9% decrease over the $535,000 median sale price for the same period of the previous year. There were 19 homes sold in Richmond in the first half of 2018.

The median sales tax in Richmond for the most recent year with available data, 2015, was $1,996, approximately 0.4% of the median home sale price for the first half of 2019.

The following table compares Richmond to other Contra Costa County cities with similar median sales prices in the first half of 2019:

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Concord721-66.7%$635,000$610,0004.1%
Martinez29-77.8%$592,000$560,0005.7%
Discovery Bay (Unincorporated)16-83.3%$510,000$553,750-7.9%
Martinez (Unincorporated)13-66.7%$475,000$585,000-18.8%
San Pablo (Unincorporated)15-80%$455,000$475,000-4.2%
Oakley19-88.9%$455,000$425,0007.1%
Richmond619-68.4%$450,000$535,000-15.9%
Antioch629-79.3%$447,500$410,0009.1%
Brentwood322-86.4%$445,000$550,000-19.1%
Pittsburg217-88.2%$316,250$500,000-36.8%
San Pablo12-50%$290,000$512,500-43.4%

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