Richfield Home For Sale

There are about 35,000 residents that call Richfield MN their home. As part of Hennepin County, the Richfield real estate market is a thriving one that is increasing every day. There are several things that I like about living in my Richfield home and one of them is its proximity to the Twin Cities. It only takes me minutes to get to work every morning and I can get home to my family quickly once work is done.

On the weekends, we like to go to one of the 20 parks located throughout Richfield. The entire family finds something to enjoy while we are in the great outdoors. Our favorite park in the Richfield community is Fremont Park on Fremont Avenue. It has playground equipment for the kids as well as picnic areas where we like to have lunch. Other parks throughout the community include Madison Park, Heredia Park and several others.

Richfield Real Estate Info: Prices of Homes in Richfield MN

Richfield neighborhoods are ideal for potential home buyers for several reasons. In addition to offering a range of prices from the affordable to the exclusive, some of these communities have a long history dating back many decades. Some of the more popular Richfield residential neighborhoods include Wood Lake Highlands, Irwin Shores, Cedar Sunrise, Beverly Forest and several others. Many of these neighborhoods are located near the many parks scattered throughout Richfield, including Sheridan Park, Roosevelt Park, Taft Park and others.

The majority of homes for sale in the Richfield real estate market are priced at less than $300,000. However, if you are looking for something more upscale, there are a few Richfield homes for sale in the $300,000 to $700,000 range.

Richfield Real Estate News: December Richfield Home Sales

Richfield Real Estate Group were talking inventory of real estate for sale for the month of December 2011, it was down -32 houses to a total of 126 mo/mo . In Richfield the average days on the market declined -19.5% yr/yr to 128 in December that we would like to see continue with our Richfield Real Estate Group. Average sales price in Richfield was $130,884 in December that was lower year over year, it was down ($10,094) dollars on average. Richfield's new listings dropped -27.5% yr/yr in December that something we are watching, with our Richfield Real Estate Team. The median sales price in Richfield for December was $130,950 it was lower mo/mo it was down ($10,145) month over month. Richfield is now at 3.3 months of inventory for sale in December that was lower vs last year, call a local real estate expert from Richfield Real Estate Team. The Richfield Real Estate Group were talking about the total number of homes that closed for the month of December 2011, they were down -4 houses to a total of 34. What are people receiving as a percent of original list price in Richfield? In December of 2011 the average was it was down -0.2% vs last year to 87.4% of list price.