Mike's Blog


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

There are currently 854 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 April was $184,554. The average price of homes sold in April was $156,080, a 5% increase from March. The average Days-on-Market(DOM) was 98. There were 91 homes sold(closed) in the month of April.  

Average List Price               $184,554                               Average Sold Price            $156,080

Homes for sale                    854                                        Homes Sold                       91

Average DOM                      98                                         Sales Price/Sq Feet            $98.76

Lowest Priced Listing           $13,900                                  Highest Priced Listing         $749,000


There are currently 54 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.

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. We think this is a direct correlation to the homebuyer tax credits. The enormous amounts of snow in February really put a clamp on home sales. As we expected the expiration of the Homebuyer Tax Credit in April fueled a resurgence in homebuying. This increased both the average sales price and the average price per square foot. While the recent trend appears to be bullish, we remain cautiously optimistic on home sales in Eastern and Northern Henrico County, VA.

Eastern and Northern Henrico County Va Home Sales

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. The large decrease in price per square foot is a positive for homebuyers as homes are much more affordable and buyers can buy more home for less money.

Eastern and Northern Henrico County Va average price per square foot

Sales Data by Zip Code


Zip Code

Avg List Price

Avg Sales Price

Average Sales Price per Sq Ft

Average Days on Market




























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



Avg List Price

Avg Sales Price

Average Sales Price per Sq Ft

Average Days on Market

Bryan Park Garden/Heights







No Sales

 No Sales


Chamberlayne Farms





Clarendon Woods


No Sales

 No Sales


Eagles Nest


No Sales

 No Sales


Four Mile Run





Glenwood Lakes





Huntington Place


No Sales

 No Sales


Montezuma Gardens and Oak Hill





Jenkins Bluff





Sterling Forest


No Sales

No Sales


Carlton at Stoneleigh


No Sales

 No Sales


Hillcrest Farms

No Active Listings

No Sales

 No Sales


Settlers Ridge


No Sales

 No Sales



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





Comment balloon 0 commentsMike Hogan • May 14 2010 09:57PM