There are currently 903 homes for sale in the West End of Henrico County, Va, that's over 100 more than January.
The average listing price for homes for sale in February was $348,719. The average price of homes sold in February was $279,281, virtually unchanged from January. The average Days-on-Market(DOM) was 87 days. There were 79 homes sold in the month of February.
There are currently 25 foreclosure properties 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 $348,719 Average Sold Price $279,281
Homes for sale 903 Homes Sold 79
Average DOM 87 Sales Price/Sq Feet $122.52
The West End of Henrico County has historically been one of the bright spots in Richmond, Va real estate. But since the beginning of 2008, prices have steadily declined like much of the state. Average prices have declined $78,341, or 22%, since January 2008. But in recent months, tax credits have helped move sales and prices up. This is evident as the sales line crossed the trend line in the chart below. We look for sales and prices to continue to improve in the coming months.
Just as important and likely an even better gauge of the health of the local real estate market is the average price per square foot. As you can see in the graph below- it is painfully obvious that we have seen a significant drop in price per sq foot of 17.7% since January of 2008. This of course has created hundreds of opportunities for buyers to buy at prices not seen in several years.
Real Estate Sales by Zip Code
|
Zip Code |
Avg List Price |
Avg Sales Price |
Avg Sales Price/Sq Ft |
|
$230,511 |
$242,370 |
$134.26 |
|
|
$209,225 |
$151,192 |
$101.87 |
|
|
$378,359 |
$337,579 |
$130.29 |
|
|
$251,545 |
No Sales |
No Sales |
|
|
$372,178 |
$281,662 |
$125.46 |
|
|
$466,841 |
$223,890 |
$107.39 |
|
|
$471,529 |
$419,893 |
$120.32 |
|
|
$268,358 |
$243,255 |
$124.87 |
|
|
$203,426 |
$230,780 |
$116.38 |
Real Estate Sales by Subdivision
|
Subdivision |
Avg List Price |
Avg Sales Price |
Avg Sales Price/Sq Ft |
Average Days on Market |
|
$36,150 |
No Sales |
No Sales |
148 |
|
|
$202,937 |
No Sales |
No Sales |
86 |
|
|
$293,050 |
No Sales |
No Sales |
192 |
|
|
$225,350 |
No Sales |
No Sales |
67 |
|
|
$244,616 |
No Sales |
No Sales |
73 |
|
|
$303,252 |
289,950 |
131.20 |
111 |
|
| Hickory Woods at Twin Hickory |
$431,392 |
No Sales |
No Sales |
33 |
|
$330,357 |
$252,000 |
$102.73 |
106 |
|
|
$386,483 |
No Sales |
No Sales |
69 |
|
|
$291,271 |
$246,950 |
$128.62 |
65 |
|
|
$265,498 |
No Sales |
No Sales |
99 |
|
|
$580,870 |
No Sales |
No Sales |
37 |
|
|
$560,612 |
$625,000 |
$112.71 |
125 |
|
|
$509,005 |
No Sales |
No Sales |
146 |
|
|
$899,900 |
No Sales |
No Sales |
333 |
|
|
$476,333 |
No Sales |
No Sales |
120 |
|
|
$584,150 |
No Sales |
No Sales |
54 |
|
|
$758,470 |
No Sales |
No Sales |
34 |
If you don't see your neighborhood listed- click here to email your neighborhood to me and I'll send you the detailed stats and will add it to the report. You can also send your request via Twitter.
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.
That's great news! Keep up the good work.
@Whitney- thanks! I think the more info homeowners see- the more equipped they are to make these important decisions. Have a great weekend!