Mike's Blog

There are currently 193 homes for sale in King William County, Va.  The average listing price was $228,007 and the average price of homes sold in April was $178,12. The average Days-on-Market(DOM) for a home was 127. There were 11 homes sold(closed) in the month of April.

There are currently 11 foreclosure properties for sale in King William County, Va. Click here to see a list of all foreclosures in King William County.

Average List Price               $228,007                               Average Sold Price            $178,127

Homes for sale                    193                                         Homes Sold                         11

Average DOM                      127                                        Sales Price/Sq Feet            $112.53

Lowest Priced Home            $25,000                                Highest Priced Home         $1,650,000

The chart below show the average sold price for homes in King William County, Va since 2008.  As expected prices have steadily dropped through 2008 and 2009. We saw a reversal of the trend in late 2009 much like the rest of Central Virginia but we have sense seen further deterioration in average sales prices. This statistic should be taken somewhat lightly as there are only 11 sales per month in the County. This relatively low number of sales greatly influences the average sales price. 

Sales Data by Most Popular Zipcode

Sales Data by Subdivision 

If you don't see your neighborhood listed here, email or Twitter DM me and I will send you the detailed report for your subdivision and will include it in future reports.

For a complete list of homes for sale in King William County, VA please call or Click here, to visit our website.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.

There are currently 854 homes for sale in Eastern and Northern Henrico County, Va.  The average listing price for homes for sale Eastern and Northern Henrico County, VA in April was $184,554. The average price of homes sold in April was $156,080, a 5% increase from March. The average Days-on-Market(DOM) was 98. There were 91 homes sold(closed) in the month of April.  

Average List Price               $184,554                               Average Sold Price            $156,080

Homes for sale                    854                                        Homes Sold                       91

Average DOM                      98                                         Sales Price/Sq Feet            $98.76

Lowest Priced Listing           $13,900                                  Highest Priced Listing         $749,000

There are currently 54 foreclosure listing in Eastern and Northern Henrico. These properties tend to need some work but also tend to offer below market value prices. Click here to see all foreclosure homes for sale in Eastern or Northern Henrico County, Va.

Below is the chart showing the average sold price in Eastern and Northern Henrico County from 2008 forward. As you can see- prices have steadily declined since May 2008. The red trendline shows a downward trend. But in October 2009 we broke through that trend line to the upside and prices have moderated a bit since. We think this is a direct correlation to the homebuyer tax credits. The enormous amounts of snow in February really put a clamp on home sales. As we expected the expiration of the Homebuyer Tax Credit in April fueled a resurgence in homebuying. This increased both the average sales price and the average price per square foot. While the recent trend appears to be bullish, we remain cautiously optimistic on home sales in Eastern and Northern Henrico County, VA.

The Chart below shows the Average Price per Square Foot for homes sold in Eastern and Northern Henrico County, VA. As expected, the trend dropped from 2008 to 2009 but has moderated ever since. We believe first-time homebuyers quickly buying homes in the inexpensive East End of Henrico County is primarily responsible for this moderation. The large decrease in price per square foot is a positive for homebuyers as homes are much more affordable and buyers can buy more home for less money.

Sales Data by Zip Code

 Sales Data by Subdivision(click on the link to see all available properties)

Don't see your neighborhood listed? Send me and email or a Twitter DM and I'll send you the report directly and will add it to ongoing reports. 

For a complete list of homes for sale in the East End of Henrico County, VA please call or Click here, to visit my website.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.

There are currently 911 homes for sale in the West End of Henrico County, Va.  The average listing price for homes for sale in the West End of Henrico County, Va was $356,999 for April. The average price of homes sold in April was $325,201, a 5.1% increase from March. The average Days-on-Market(DOM) was 82 days. There were 144 homes sold in the month of April.

There are currently 33 foreclosure homes for sale in the West End of Henrico County, Va. Click here to see a list of all foreclosure properties in the West End of Henrico County, VA

Average List Price               $356,999                             Average Sold Price            $325,201

Homes for sale                    911                                       Homes Sold                         144

Average DOM                      82                                         Sales Price/Sq Feet            $127.82

Average home sale prices in the West End of Henrico County, VA  have been increasing in recent months. You can see on the chart below that prices have been increasing in 2010. Average home sale prices crossed the trend line in March and stayed above the trend line in April. This is an extremely bullish signal for the months to come.

A great indicator of the health of the localized housing market is the price per sq foot. This graph supports the findings of the chart above. 2010 is showing promise as the price per square foot has increased steadily. 

Real Estate Sales by Zip Code 

Real Estate Sales by Subdivision

For a complete list of homes for sale in the West End of Henrico County, VA please call or Click here, to visit my website.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.

There are currently 854 homes for sale in Hanover County, Va.  The average listing price for homes for sale in Hanover County, VA was $365,451 for April. The average price of homes sold in April was $282,666, a 11% increase from March. The average Days-on-Market(DOM) was 100 days. There were 75 homes sold in the month of April.

There are currently 22 foreclosure properties for sale in Hanover County, Va. Click here to see a list of all foreclosure homes for sale in Hanover County, VA.

Average List Price               $365,451                                 Average Sold Price            $282,666

Homes for sale                    854                                         Homes Sold                         75

Average DOM                      100                                         Sales Price/Sq Feet            $125.24

Hanover County average home sale prices declined steadily since the beginning of 2008 as showing in the graph below.  However average prices have moderated in recent months as average prices moved across the trend line...a positive sign for the months to come. In April we saw the average price increase 11% over March averages. The chart below shows a bottoming of prices in Hanover County throughout 2009 with some sideways price trending so far in 2010.

Just as important and possibly an even better guage of the health of the local real estate market is the average price per square foot. In the chart below you can see the obvious decline in sold price per square foot since January 2008 of 13.3% for homes for sale in Hanover County, VA. But price per square foot surged in April to averages unseen since January 2009. This is an extremely encouraging sign but was likely influenced by the expiration of the federal Homebuyer Tax Credit on April 30.

Sales Data by Most Popular Zipcode

Below is a breakdown of real estate homes sales in Hanover County, Virginia for the month broken down by subdivision. Just click on the link to your subdivision for the complete list of homes available for sale in that neighborhood. 

For a complete list of homes for sale in Hanover County, VA please call or Click here, to visit my website.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.