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Hanover County, Va Homes Sales by Subdivision February 2010

There are currently 710 homes for sale in Hanover County, Va.  The average listing price for homes for sale in Hanover County, VA was $281,766 for February. The average price of homes sold in February was $269,128, a 4.5% drop from January. The average Days-on-Market(DOM) was 106 days. There were 29 homes sold in the month of February.

There are currently 15 foreclosure properties for sale in Hanover County, Va. Click here to see a list of all foreclosure homes for sale in Hanover County.

Average List Price               $281,766                                 Average Sold Price            $269,128

Homes for sale                    710                                         Homes Sold                         29

Average DOM                      106                                         Sales Price/Sq Feet            $121.38

 

Hanover County average home sale prices have declined steadily since the beginning of 2008 as showing in the graph below.  Average home sale prices have declined by $55,056 since January 2008... a 17% decline. Average prices have moderated in recent months as averages prices moved across the trend line...a positive sign for the months to come. It will be important to see how prices maintain the trend in coming months.

Hanover County Va Average Real Estate Sales

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%.

  

Hanover County Va Average Price per Square Foot

Sales Data by Most Popular Zipcode

 Zip Code

 Avg List Price

 Avg Sales Price

 Avg Price Per Square Foot

 23111

 $286,752

 $188,672

 $119.92

 23116

 $400,536

 $340,951

 $122.85

 23005

 $395,326

 $264,580

 $126.87

 23192

 $574,594

 $315,000

 $92.40

 23069

 $458,981

 No Sales

 No Sales

 

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. 

Subdivision

Avg List Price

Avg Sales Price

Avg Sales Price Per Sq Ft

Avg Days on Market

Ash Creek

 $355,410

 $310,000

 $122.82

 66

Battlefield Green

 $223,277

 $225,000

 $121.62

 95

Bluffs at Bell Creek

 $341,825

 $345,000

 $101.89

 60

Christian Ridge

 $373,035

 No Sales

 No Sales

 57

High Point Farms

 $203,146

 No Sales

 No Sales

 85

Kings Charter

 $320,575

 No Sales

 No Sales

 47

Laurel Meadows

 $246,607

 No Sales

 No Sales

 52

Lindsay Meadows

 $1,009,118

 No Sales

 No Sales

 320

Milestone

 $379,113

 $364,000

 $100.14

 119

Oakley Hill

 $366,624

 No Sales

 No Sales

 65

Pebble Creek

 $288,843

 $345,000

 $91.39

 45

Scot's Landing

 $577,570

 $500,000

 $137.17

 125

Sherrington

 $332,849

 No Sales

 No Sales

 58

 

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.

Mike Hogan

Associate Broker

RE/MAX Commonwealth

(804)503-0811

RVARealtor1@gmail.com

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Comment balloon 0 commentsMike Hogan • March 06 2010 09:46PM

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