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Hanover County, Va Homes Sales by Subdivision-September 2010

There are currently 825 homes for sale in Hanover County, Va.  The average listing price for homes for sale in Hanover County, VA was $350,109 for September. The average price of homes sold in September was $271,010, a 1.9% increase from August and a 6.6% year-to-date decrease. The average Days-on-Market (DOM) was 114 days. There were 41 homes sold in the month of September.

There are currently 31 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               $350,109                                 Average Sold Price            $271,010

Homes for sale                    825                                         Homes Sold                         41

Average DOM                      114                                          Sales Price/Sq Feet            $116.76

Least Expensive Home        $48,000                          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 September we saw the average price increase slightly over August averages but we still held solid above the trendline.  The chart below shows a bottoming of prices in Hanover County throughout 2009 with a strong sideways trend throughout 2010. 

 Hanover County Va September Home Sales

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.

Hanover County Va Home Sales

 

Sales Data by Most Popular Zipcode

 

 Zip Code

 Avg List Price

 Avg Sales Price

 Avg Price Per Square Foot

 23111

 $269,518

 $185,552

 $121.34

 23116

 $346,553

 $293,124

 $118.52

 23005

 $379,396

 $396,337

 $129.81

 23192

 $506,261

 $306,883

 $115.00

 23069

 $321,680

 $214,900

 $95.60

 

 

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

 $328,733

 $333,500

 $110.05

 74

Battlefield Green

 $208,165

 No Sales

 No Sales

 133

Bluffs at Bell Creek

 $325,409

No Sales

No Sales

 90

Christian Ridge

 $346,800

 No Sales

No Sales

83

High Point Farms

 $186,099

No Sales

No Sales

81

Kings Charter

 $324,209

 $299,000

 $106.29

80

Laurel Meadows

 $228,966

$241,000

 $111.18

 38

Lindsay Meadows

 $777,150

 No Sales

 No Sales

 476

Milestone

 $382,558

 $321,000

 $107.07

102

Oakley Hill

 $354,816

No Sales

No Sales

102

Pebble Creek

 $302,008

 $250,000

$109.84

94

Scot's Landing

 $577,000

$460,000

$126.65

257

Sherrington

 $310,211

 No Sales

 No Sales

73

 

 

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 • October 03 2010 08:47PM

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