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Hanover County, Va Homes Sales by Subdivision April 2010

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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.

Hanover County Va Homes for sale

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.

Hanover County VA real estate for sale

 

 

Sales Data by Most Popular Zipcode

 Zip Code

 Avg List Price

 Avg Sales Price

 Avg Price Per Square Foot

 23111

 $285,419

 $221,809

 $120.02

 23116

 $370,872

 $318,060

 $129.13

 23005

 $394.944

 $380,500

 $120.11

 23192

 $519,616

 $277,737

 $117.99

 23069

 $272,409

 $117,000

 $100.34

 

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

 $353,597

 $343,650

 $117.77

 48

Battlefield Green

 $214,507

 $100,000

 $80.97

 94

Bluffs at Bell Creek

 $340,261

 No Sales

No Sales

 57

Christian Ridge

 $378,350

 No Sales

 No Sales

 72

High Point Farms

 $199,139

 $159,333

 $121.92

 72

Kings Charter

 $325,446

 $330,500

 $140.68

 78

Laurel Meadows

 $252,456

 $200,000

 $143.06

 67

Lindsay Meadows

 $800,421

 No Sales

 No Sales

 386

Milestone

 $389,206

 $372,666

 $117.55

 50

Oakley Hill

 $338,475

 $380,000

 $110.91

 68

Pebble Creek

 $297,084

 $261,764

 $123.77

56

Scot's Landing

 $546,087

 No Sales

No Sales

 140

Sherrington

 $334,813

 No Sales

 No Sales

 75

 

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 • May 13 2010 02:55PM

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