There are currently 866 homes for sale in Hanover County, Va. The average listing price for homes for sale in Hanover County, VA was $356,722 for June. The average price of homes sold in June was $262,799, a 1.7% decrease from May. The average Days-on-Market (DOM) was 105 days. There were 72 homes sold in the month of June.
There are currently 21 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 $356,722 Average Sold Price $262,799
Homes for sale 866 Homes Sold 72
Average DOM 105 Sales Price/Sq Feet $122.85
Least Expensive Home $129,900 Most Expensive Home $4,495,000
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 June we saw the average price decrease slightly over May averages but we still held solid above the trendline. The chart below shows a bottoming of prices in Hanover County throughout 2009 with some sideways price trending so far in 2010.
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 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. Prices since have moderated to recent averages.
Sales Data by Most Popular Zipcode
|
Zip Code |
Avg List Price |
Avg Sales Price |
Avg Price Per Square Foot |
|
$279,540 |
$215,546 |
$122.84 |
|
|
$365,948 |
$311,239 |
$121.93 |
|
|
$369,434 |
$263,976 |
$127.68 |
|
|
$541,314 |
$354,300 |
$117.52 |
|
|
$374,812 |
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 |
|
$335,944 |
$267,000 |
$130.12 |
70 |
|
|
$214,476 |
$171,500 |
$129.81 |
123 |
|
|
$329,245 |
$325,000 |
$91.24 |
76 |
|
|
$352,961 |
No Sales |
No Sales |
71 |
|
|
$202,457 |
No Sales |
No Sales |
76 |
|
|
$321,438 |
$329,300 |
$120.67 |
65 |
|
|
$238,675 |
$240,000 |
$92.31 |
64 |
|
|
$754,881 |
No Sales |
No Sales |
344 |
|
|
$382,822 |
$350,000 |
$122.12 |
74 |
|
|
$367,462 |
$325,000 |
$101.75 |
47 |
|
|
$298,451 |
No Sales |
No Sales |
73 |
|
|
$524,837 |
$411,300 |
$120.97 |
181 |
|
|
$322,061 |
$305,000 |
$116.99 |
83 |
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.
