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Writer's pictureColin Davies

Discover the Thriving Real Estate Market in 94805: Your July 2024

Welcome to our exciting mid-summer update on the 94805 real estate market! Located in the heart of Richmond, California, this area is buzzing with activity and opportunities for both buyers and sellers. Let’s dive into the latest trends and what they mean for you.


Listed Properties: June 1, 2024 – July 1, 2024

Here’s a snapshot of the vibrant real estate landscape in 94805 over the past month:

MLS No

Status

DOM

Address

City

LP

SP

BT

SqFt

BR

Bth

PB

Gar

GarSp

YrBlt

Acres

Lot SqFt

HOA Fee

Freq

41064360

ACTV

17

527 42nd Street

RICHMOND

$599,000


DE

1334

3

1


Y

1

1950

0.09

4,000



41064591

ACTV

15

6093 Monterey Ave

RICHMOND

$699,000


DE

1176

3

2


Y

2

1947

0.09

4,000



41062482

ACTV

34

3613 Barrett Ave

RICHMOND

$699,888


DE

1248

4

2

0

N

0

1944

0.12

5,000



41062930

ACTV

29

6130 Mcbryde Ave

RICHMOND

$998,000


DE

1201

3

2

0

Y

1

1940

0.30

13,000



ML81968532

WC

12

5619 Doremus Avenue

RICHMOND

$492,559


DE

1781

4

2


Y

2

1954

0.124

5,400



SF424043814

PEND

11

700 Yuba Street

RICHMOND

$849,000


DE

1428

4

3

0


0

1995

0.153

6,665



41062108

PCH

36

676 McLaughlin St

RICHMOND

$649,000


DE

1089

3

1

1

Y

1

1936

0.14

6,000



41063258

WT

24

6735 Richmond Ave

RICHMOND

$998,000


DE

1477

4

2

0

Y

2

1954

0.09

4,000



Quick Stats:

  • Total Listings: 8

  • Days on Market (DOM):

  • Highest: 36

  • Lowest: 11

  • Average: 22

  • Median: 20

  • List Price (LP):

  • Highest: $998,000

  • Lowest: $492,559

  • Average: $748,055

  • Median: $699,444

  • Total Price: $5,984,447


Why 94805 is the Place to Be


A Buyer’s Paradise

Whether you're a first-time homebuyer or looking to upgrade, 94805 has something for everyone. Imagine owning a charming home in a community easy access to the Bay Area’s best attractions all with the median home price around $699,444, there's a variety of options to fit different budgets and preferences.


Pro Tip for Buyers:


  • Act fast! With an average of just 22 days on the market, homes are selling quickly. Be prepared to make swift decisions and have your financing in order.

  • Stay informed! Keep an eye on listings and be ready to move on opportunities that meet your criteria.


Seller’s Sweet Spot

If you're thinking of selling, now is a fantastic time. The demand is high, and well-presented homes are often snapped up quickly, sometimes even above the asking price. A little effort in staging and minor renovations can go a long way in boosting your property's appeal and final sale price.


Pro Tip for Sellers:

  • Curb appeal matters! First impressions are crucial, so invest in landscaping, staging, exterior maintenance, and a Realtor who knows how to market your home.

  • Highlight energy efficiency! Modern, energy-efficient features are a big plus for today’s environmentally conscious buyers.



Local Happenings:

July 13, 2024, 10:00 AM - 1:00 PM

@ Ohio Avenue & South 6th Street, Richmond, CA, USA, Richmond, CA 94804

The Greenway behind Lincoln Elementary 

Join the City of Richmond, Urban Tilth, and Acterra at the Urban Tilth 6th Street Community Garden on the Greenway on July 13th, 2024 at 10 AM for a day of discovery and deliciousness and exploring the amazing benefits of cooking with nutrient-rich foods. After the cooking workshop, help us beautify the gardens with a fun volunteer day. Meet your neighbors, learn new cooking skills, and help create a beautiful space on the Greenway. No gardening experience is needed! Please come prepared in work clothes, with covered shoes, a hat, sunscreen, and a lot of good energy to share with the Richmond community. Register now to secure your spot! https://x.gldn.io/uzSltVQhGJb.


Looking Ahead

The remainder of 2024 looks promising for the 94805 market. Buyers can find great opportunities if they act swiftly, while sellers can benefit from the sustained demand. Working with a knowledgeable real estate professional can make all the difference in navigating this dynamic market.

Final Thoughts

Whether you're buying, selling, or just curious about the market, 94805 is a fantastic place to call home. Stay informed, be prepared, and don’t hesitate to reach out for personalized advice.



For expert guidance and a seamless real estate experience, contact me today!

Colin Davies, your trusted Realtor and office manager at Security Pacific Real Estate, is here to help you navigate the East Bay real estate market. With deep local knowledge and a commitment to exceptional service, Colin is your go-to professional for all your real estate needs. Reach out today and let’s make your real estate dreams come true!

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