With only 2.0 months of inventory, Richmond Heights remains a seller's market. Home prices have increased 11.4% in the past month alone. With 2.0 months of supply, Richmond Heights's inventory levels remain relatively tight. Homes are taking about 63 days to sell, which is 0 days longer than this time last year. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 10.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Richmond Heights market with the affordability index at 99.8. Based on current market indicators, home prices in Richmond Heights are projected to decrease by approximately 10.2% over the next month.