Mike's Blog

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.

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.

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 950 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 $336,687 for June. The average price of homes sold in June was $330,420, a 6.4% increase from May. The average Days-on-Market(DOM) was 88 days. There were 191 homes sold in the month of June.

There are currently 44 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               $336,687                             Average Sold Price            $330,420

Homes for sale                    950                                       Homes Sold                         191

Average DOM                      88                                         Sales Price/Sq Feet            $129.25

Least Expensive Home        $66,600                               Most Expensive Home       $2,495,000

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 have trended upward ever since. This is a solid show of strength and is 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. June proved to be another month of increasing prices and is yet another bullish sign for the overall market.

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 866 homes for sale in Hanover County, Va.  The average listing price for homes for sale in Hanover County, VA was $356,722 for June. The average price of homes sold in June was $262,799, a 1.7% decrease from May. The average Days-on-Market (DOM) was 105 days. There were 72 homes sold in the month of June.

There are currently 21 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               $356,722                                Average Sold Price            $262,799

Homes for sale                    866                                         Homes Sold                         72

Average DOM                      105                                         Sales Price/Sq Feet            $122.85

Least Expensive Home        $129,900                         Most Expensive Home       $4,495,000

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 June we saw the average price decrease slightly over May averages but we still held solid above the trendline.  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  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. Prices since have moderated to recent averages.

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.