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: March Richfield Home Sales

Richfield real estate average median sales price dropped -5.4% yr/yr in March we are still concerned, call today to talk to with our Richfield Real Estate Team. Average number of days on the market in Richfield was 107 days in March that was higher m/m, it was up 33.8% to 107 days in the past month. What is the current inventory for homes for sale in Richfield? The latest reports of 115 days was reported in March, 2012 it was down -16 days m/m. With 2.9 months of inventory for sale in Richfield which was reported March call and expert at,Richfield Real Estate Team. The Richfield Real Estate Team was talking about new listings for the month of March 2012, they were down -3 houses to a total of 49. Average house sales price in Richfield was $119,053 in March that was lower month over month, it was down ($16,694) in March vs February. Currently in Richfield homeowners are getting about 91.4% from the original list price of their home which is up from 85.8% last year. In March, 2012 the 46 closed sales were higher year over year in Richfield it was up 35.3%.