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Real Estate: John M. Lee
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Real Estate: John M. Lee
The median price for single-family homes in the Richmond District increased by 8.1% in 2025, while the number of sales dropped by 8.9%. Despite three quarter-point reductions in the Federal Funds rate by the Federal Reserve, prices remained relatively stable throughout the year. The accompanying Richmond Home Sales Comparison table provides a quarterly breakdown of results in 2025 relative to prior years.
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