Richardson home sales, the last twelve months.
976 homes sold in Richardson — $508.4M in all. The middle price was $459,950 (≈ $2,685/mo with 10% down), a typical home found its buyer in 25 days, and prices here run 15% above the DFW median.
The average runs 13% above the middle, which is the high end of Richardson pulling it up. The median is the better read on a typical home; the average is the better read on how much money is moving.
Whose market is Richardson?
Fewer homes for sale than buyers to absorb them — sellers hold the edge on price and terms. Right now that's 275 homes on the market against a pace of 81 sales a month, median asking $440,000.
Richardson against the cities next door.
The alternative to a house here is usually a house one town over. Here is what that trade actually costs.
Median sale price over the window, for Richardson and every city that borders it — it follows the Median/Average switch at the top of the page. The towns next door are usually the real alternative — a few minutes' drive can be worth a hundred thousand dollars in either direction.
How Richardson moved, month by month.
Each calendar month averaged across the two years of data above, for Richardson. A pattern, not a promise — the right time to move is when your life says so.
What homes here sold for.
Every sale in the window, sorted into price ranges — where the middle of this market actually lives.
Where Richardson actually trades.
The city median is one number stretched over very different neighborhoods. Here it is broken apart two ways — by area on the map, and by the subdivisions with the most sales.
| Neighborhood | Homes sold | Median price | $ / sq ft | Days on market |
|---|---|---|---|---|
| University Estates | 53 | $430,000 | $200 | 25 |
| Parkview Estates | 20 | $482,500 | $237 | 24 |
| Richardson Heights Estates | 20 | $740,000 | $318 | 18 |
| Northrich Acres | 16 | $326,500 | $270 | 42 |
| Greenmeadow | 15 | $391,500 | $203 | 26 |
| College Park East | 13 | $485,000 | $204 | 25 |
| College Park North | 12 | $478,750 | $215 | 26 |
| Richardson Heights 05 | 12 | $413,944 | $261 | 17 |
Pricing right in Richardson.
What happened to homes that sold for their first asking price, and to homes that did not.
Every home was first listed at some price. In Richardson, 26.4% of homes sold for that first number or better. The other 73.6% sold for less than they first asked. On a $459,950 home, here is how those two endings differ.
Read it as a pattern, not a promise. Some homes sell under their first price for reasons no strategy would fix: condition, a hard location, a seller who had to move fast. But the split looks like this in every city in this report, and the first number is the one thing a seller gets to choose. Based on 976 sales in Richardson over the window.
The one number no slider can tell you is what your home is worth. We'll run it for real →
What a typical Richardson home looks like.
Medians across every Richardson sale in the window — half of what sold was bigger, half smaller.
Richardson, in plain questions.
These numbers set the scene — pricing a specific home, or winning one, is a conversation. That part is on us.
Talk to Nail & Key →