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.
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.
Sales Data by Zip Code
|
Zip Code |
Avg List Price |
Avg Sales Price |
Average Sales Price per Sq Ft |
Average Days on Market |
|
23075 |
$142,145 |
$121,880 |
$94.01 |
114 |
|
23150 |
$203,597 |
$182,944 |
$107.13 |
108 |
|
23222 |
$119,755 |
$82,436 |
$65.55 |
98 |
|
23223 |
$164,096 |
$119,054 |
$74.99 |
96 |
|
23231 |
$209,215 |
$166,382 |
$100.52 |
109 |
Sales Data by Subdivision(click on the link to see all available properties)
|
Subdivison |
Avg List Price |
Avg Sales Price |
Average Sales Price per Sq Ft |
Average Days on Market |
|
$194,200 |
$206,375 |
$101.15 |
96 |
|
|
$242,340 |
No Sales |
No Sales |
94 |
|
|
$183,662 |
$184,500 |
$96.87 |
42 |
|
|
$264,666 |
No Sales |
No Sales |
116 |
|
|
$284,550 |
No Sales |
No Sales |
245 |
|
|
$218,606 |
$213,500 |
$86.54 |
46 |
|
|
$205,357 |
$155,000 |
$81.41 |
84 |
|
|
$202,899 |
No Sales |
No Sales |
228 |
|
|
$108,825 |
$56,000 |
$47.34 |
152 |
|
|
$309,913 |
$298,950 |
$111.55 |
76 |
|
|
$367,475 |
No Sales |
No Sales |
160 |
|
|
$279,900 |
No Sales |
No Sales |
4 |
|
|
No Active Listings |
No Sales |
No Sales |
|
|
|
$249,814 |
No Sales |
No Sales |
70 |
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.
