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Eastern/Northern Henrico County, Va Homes Sales Report-June 2010

There are currently 904 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 June was $181,183. The average price of homes sold in June was $147,627, a 5.4% decrease from May. The average Days-on-Market(DOM) was 106. There were 100 homes sold(closed) in the month of June.  

Average List Price               $181,183                               Average Sold Price            $147,627

Homes for sale                    904                                        Homes Sold                       100

Average DOM                      106                                         Sales Price/Sq Feet            $103.11

Lowest Priced Listing           $35,900                                 Highest Priced Listing         $1,800,000

 

There are currently 62 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.

Click here for our featured listings

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. Prices have remained above the trendline suggested a bullish sentiment. We remain cautiously optimistic about price appreciation in the East End and Northside of Henrico County.

East End and Northside Henrico County Va homes for sale

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. In recent months, price per square foot has increased slightly.This trend further supports our bullishness on the area.

East End and Northside Henrico County Va Real Estate for sale

Sales Data by Zip Code

 

Zip Code

Avg List Price

Avg Sales Price

Average Sales Price per Sq Ft

Average Days on Market

23075

$140,851

$145,720

$115/54

126

23150

$204,818

$149,677

$105.91

114

23222

$123,063

$123,825

$83.83

105

23223

$157,196

$109,986

$91.14

105

23231

$205,716

$154,497

$97.75

122

 

 

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

 

Subdivison

Avg List Price

Avg Sales Price

Average Sales Price per Sq Ft

Average Days on Market

Bryan Park Garden/Heights

$197,437

No Sales

 No Sales

99

Castleton

$234,193

$204,150

 107.45

155

Chamberlayne Farms

$196,430

$175,000

$88.47

53

Clarendon Woods

$224,950

No Sales

 No Sales

14

Eagles Nest

$246,891

No Sales

 No Sales

282

Four Mile Run

$214,606

$237,000

$99.33

56

Glenwood Lakes

$189,294

No Sales

No Sales

95

Huntington Place

$203,769

No Sales

 No Sales

71

Montezuma Gardens and Oak Hill

$109,055

$102,980

 $93.70

68

Jenkins Bluff

$306,365

No Sales

 No Sales

113

Sterling Forest

$315,962

No Sales

No Sales

88

Carlton at Stoneleigh

No Active Listings

No Sales

 No Sales

 

Hillcrest Farms

281,976

No Sales

 No Sales

 48

Settlers Ridge

$241,277

No Sales

 No Sales

107

 

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.

 

Mike Hogan

Associate Broker

RE/MAX Commonwealth

(804)503-0811

RVARealtor1@gmail.com

____________________________________________________________________________________


 

Comment balloon 0 commentsMike Hogan • July 11 2010 11:29PM
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