Mike's Blog

Hanover County, Virginia Home Sales(Christian Ridge Subdivision) November 2009

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sat, 05 Dec 2009 18:54:26 -0800

Hanover County sales have been strong this year due largely in part to neighborhoods like Christian Ridge. The subdivision is located in the Eastern part of the county off Old Church Rd.

Total # of Homes For Sale

Average List Price

$378,916

Average Days on Market

Total Pending Home Sales

Average List Price

Average Days on Market

Total Sold Homes

Average List Price

Average Days on Market

Sold Price vs Asking Price

For a complete list of homes for sale in the Christian Ridge Neighborhood of Hanover County, VA please call or Click here, to request an update.

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

RVARealtor@live.com

____________________________________________________________________________________

Hanover County, Virginia Home Sales(Christian Ridge Subdivision) October 2009

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Tue, 03 Nov 2009 21:49:26 -0800

Hanover County sales have been strong this year due largely in part to neighborhoods like Christian Ridge. The subdivision is located in the Eastern part of the county off Old Church Rd.

Total # of Homes For Sale

Average List Price

$378,916

Average Days on Market

Total Pending Home Sales

Average List Price

Average Days on Market

Total Sold Homes

Average List Price

Average Days on Market

Sold Price vs Asking Price

Mike Hogan

Associate Broker

RE/MAX Commonwealth

(804)503-0811

RVARealtor@live.com

____________________________________________________________________________________

Home for sale in the Highland Park neighborhood of North Richmond, Va

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Thu, 30 Dec 2010 14:12:58 -0800

Mike Hogan

Associate Broker

RE/MAX Commonwealth

(804)503-0811

RVARealtor@live.com

____________________________________________________________________________________

REO Properties on the market in Hanover County, Va

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sun, 14 Nov 2010 18:57:51 -0800

REO properties on the Market in Hanover County, Va November 13, 2010

Address Subdivision Price Beds Baths Sq Feet 14078 W Patrick Henry Rd None $114,900 3 2 1,716 9417 N Rinker Dr Beechwood Farms $139,000 4 2 1,596 16194 Beaverdam School Rd None $154,900 4 2 2,285 15141 Taylor RD None $159,900 3 2 1,456 9363 Gerljean Dr Beechwood Farms $209,000 4 2.1 2,838 9302 Monongahela Trl Totopotomy $229,900 4 2.1 2,464 8532 Brittewood CIR Knollwood $234,900 4 3 2,904 9119 Ashlar Pl Reardons Ridge At Craney $234,900 4 2.1 2,214 11487 Haltonshire Way Cedarlea Park $239,900 4 3 2,644 9185 Hunters Chase Ct Fox Head $255,000 4 2.1 2,177 12406 New Market Mill RD Trevillian Estates $289,900 3 2.1 2,028 8328 Peaks RD None $299,500 3 2 2,696 9172 Hoof Cir Fox Head $299,950 5 2.1 2,845 19046 Vontay Rd None $309,900 4 3.1 3,432 14361 Cherry Hill Rd Hollows The $425,900 3 3.2 1,536 14416 Whitewood Ln None $546,500 4 3 3,882 14824 Tates Way Mountain Run $550,000 5 4.1 3,388 14913 Cedar Creek Hills CT None $589,000 5 3.1 5,317 14473 Three Oaks CT Claybank $599,999 5 5.1 6,452 13456 Lower Lakes Pl None $925,900 5 6.3 8,764 7131 Sunset DR Harbor Hill Farms $134,900 3 3 2,352 8102 Bell Creek RD Bell Creek North $138,600 3 1 1,196 7298 Cornfield Ct Walnut Grove $145,664 3 2 1,378 7192 Loralea Dr Loralea $159,900 3 1.1 2,094 8192 Bell Creek RD Meadow Gate $162,400 4 2.1 2,098 8322 Soft Wind Dr Hanover Grove $170,900 3 2 2,464 8162 Tiffany Ln Cherrydale $174,800 4 2 1,512 6159 Winding Hills Dr Battlefield Green $189,900 4 2.1 2,017 7481 Eleanor Dr Meadowbridge $199,900 3 2.1 1,959 8412 Treasure Ct Sherrington $215,898 4 3.1 2,664 8279 Southern Watch Pl Pole Green Station $234,900 3 2.1 1,488 7992 Strawhorn Dr Robin Ridge $239,900 4 3 2,357 9463 Doral Pl Royal Glen $249,000 4 2 2,700 5995 Homehills RD Pebble Creek $261,900 5 2.1 2,820 7225 Cedar Berry Rd Oakley Hill $279,500 4 2.1 2,479 10331 Scots Landing Rd Scots Landing $422,000 4 4.2 3,644

**Don't see what you're looking for?- Tweet(@RVARealtor), Text(804-503-0811), Facebook or email me and I'll find it

Click here to see the Hanover County, Va Home Sales Report for October 2010

Please call or Click here, to visit my website for more information about Hanover County, VA foreclosure or REO properties.

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

RVARealtor@live.com

____________________________________________________________________________________

REO Properties on the market in the West End of Henrico County, VA

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sun, 14 Nov 2010 21:56:38 -0800

Foreclosure properties on the Market in the West End of Henrico County, Va November 13, 2010

Address Subdivision Price Beds Baths Sq Feet 2738 Hungary Rd East Jenningsville $45,000 4 1.1 2,016 1509 Brigham RD Fort Hill $87,800 3 1 984 1412 Landis Dr Fort Hill $97,900 3 1 1,056 2510 N Skipwith Rd Mount Vernon Heights $106,210 2 1 846 1812 Rockwood Rd Berkeley $109,900 3 1.1 1,018 6312 Millhiser Ave Westwood Terrace $118,900 3 1 1,020 9510 Gardenia Dr Woodman Terrace $134,900 3 2 1,440 9502 Broad Meadows Rd Meredith Woods $149,000 3 2 1,530 1709 Cole Blvd Greenwood Park $154,900 4 2.1 2,600 1300 Elon Rd Farmington $159,900 4 2 2,228 7605 Derryclare Dr Shannon Green $159,900 3 2 1,341 8003 Three Chopt RD Sterling Court $164,900 4 2 1,821 9105 Dunncroft Dr Dunncroft $164,900 3 2 1,152 9609 Running Creek RD North Run Meadows $164,900 3 2.2 1,508 1315 Dinwiddie Ave Beverly Hills $165,000 3 2 1,040 9900 Mountain Pl North Run Ridge $168,900 3 2.1 1,508 1318 Careybrook Dr Tuckahoe Village $174,900 4 2.1 2,280 9600 Running Creek Rd North Run Meadows $179,900 4 2 1,988 12109 Sable CT Waterford $204,900 4 2.1 2,060 5815 Fitzhugh Ave Westwood Home Sites $209,900 3 2 1,719 9529 Brant Ln Telegraph Run $209,900 4 2.1 2,464 3200 Lakewood Rd Forest Lodge Acres $224,900 4 2.1 2,240 2105 Ridgefield Green Way Ridgefield Green $247,900 4 2.1 1,891 1700 Coachlite Dr Gates Head $249,900 4 2.1 2,067 9512 Hoehns Rd None $269,900 4 3 2,272 604 Virginia Center Cross Point $279,900 3 2.1 2,180 4949 Willows Green Ln Willows Bend $379,000 6 4.1 3,822 11736 Norwich PKY Hampshire $439,900 5 3.1 3,974 5937 Brookmeade TER Brookmeade At Wyndham $550,000 4 3 3,430

**Don't see what you're looking for?- Tweet(@RVARealtor), Text(804-503-0811), Facebook or email me and I'll find it

Click here to see the West End of Henrico County, Va Home Sales Report for October 2010

Please call or Click here, to visit my website for more information about the West End of Henrico County, VA foreclosure or REO properties.

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

RVARealtor@live.com

____________________________________________________________________________________

Hanover County, Va Home Sales by Subdivision-October 2010

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sat, 06 Nov 2010 10:37:25 -0700

There are currently 784 homes for sale in Hanover County, Va. The average listing price for homes for sale in Hanover County, VA was $340,437 for October. The average price of homes sold in October was $265,051, a 2.2% decrease from September and a 5.9% year-to-date decrease. The average Days-on-Market (DOM) was 117 days. There were 64 homes sold in the month of October.

There are currently 39 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 $340,437 Average Sold Price $265,051

Homes for sale 784 Homes Sold 64

Average DOM 116 Sales Price/Sq Feet $114.43

Least Expensive Home $84,000 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 October we saw the average price decrease slightly from September 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. We've been saying for months that 2010 would be a year of sideways movement and it has proven to be true. I am expecting 2011 to be a year of slightly upward movement in prices and sale. The trend in the chart below should begin to bend slightly to the upside withing the first few months of 2011.

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

23111

$264,103

$212,671

$111.24

23116

$333,896

$323,773

$117.68

23005

$370,340

$298,520

$129.69

23192

$496,051

$211,600

$80.08

23069

$334,487

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

Ash Creek

$322,366

No Sales

No Sales

70

Battlefield Green

$205,015

$240,000

$116.56

127

Bluffs at Bell Creek

$314,490

No Sales

No Sales

81

Christian Ridge

$334,960

No Sales

No Sales

70

High Point Farms

$186,669

No Sales

No Sales

102

Kings Charter

$320,673

$297,500

$112.07

52

Laurel Meadows

$234,500

No Sales

No Sales

62

Lindsay Meadows

$751,842

$560,000

$138.00

471

Milestone

$375,270

No Sales

No Sales

155

Oakley Hill

$354,737

$330,000

$113.79

60

Pebble Creek

$291,540

$230,816

$109.42

105

Rutland

$297,168

$301,147

$116.11

150

Scot's Landing

$422,000

No Sales

No Sales

16

Sherrington

$309,405

No Sales

No Sales

90

**Don't see your neighborhood- Tweet(@RVARealtor), Text(804-503-0811), Facebook or email me and I'll add it

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

RVARealtor@live.com

____________________________________________________________________________________

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

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sat, 06 Nov 2010 21:54:04 -0700

There are currently 886 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 October was $172,927. The average price of homes sold in October was $147,012, a 4.7% decrease from September. The average Days-on-Market(DOM) was 107. There were 58 homes sold(closed) in the month of October.

Average List Price $172,927 Average Sold Price $147,012

Homes for sale 886 Homes Sold 58

Average DOM 107 Sales Price/Sq Feet $87.47

Lowest Priced Listing $26,500 Highest Priced Listing $795,000

There are currently 59 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.

Click here for our featured listings

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. Prices have remained above the trendline suggested a bullish sentiment. We remain cautiously optimistic about price appreciation in the East End and Northside of Henrico County.

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. In recent months, price per square foot has abruptly decreased due to the number of low priced foreclosed properties weighing on prices.

Sales Data by Zip Code

Zip Code

Avg List Price

Avg Sales Price

Average Sales Price per Sq Ft

Average Days on Market

23075

$139,242

$81,930

$74.43

114

23150

$186,480

$110,766

$83.55

129

23222

$122,651

$71,030

$57.76

135

23223

$150,644

$138,552

$82.97

23231

$190,196

$174,690

$93.11

106

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

Bryan Park Garden/Heights

$176,750

No Sales

Castleton

$229,115

$298,000

$72.70

Chamberlayne Farms

$180,766

No Sales

Clarendon Woods

$195,750

No Sales

Eagles Nest

$247,668

No Sales

262

Four Mile Run

$204,851

No Sales

111

Glenwood Lakes

$182,900

$164,700

$74.51

156

Huntington Place

$189,548

No Sales

Montezuma Gardens and Oak Hill

$106,765

$119,950

$101.40

197

Jenkins Bluff

$294,826

No Sales

200

Sterling Forest

$314,962

No Sales

100

Carlton at Stoneleigh

$309,950

No Sales

Hillcrest Farms

$267,990

No Sales

Settlers Ridge

$234,383

$225,000

$159.80

120

**Don't see your neighborhood- Tweet(@RVARealtor), Text(804-503-0811), Facebook or email me and I'll add it

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

(804)503-0811

RVARealtor@live.com

____________________________________________________________________________________

West End Henrico Home Sales by Subdivision- October 2010

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sat, 06 Nov 2010 14:50:35 -0700

There are currently 842 homes for sale in the West End of Henrico County, Va. The average listing price for homes for sale in the West End of Henrico County, Va was $326,443 for the month of October. The average price of homes sold in October was $294,046, a 5.22% decrease from September and a 8.2% year-to-date decrease . The average Days-on-Market(DOM) was 100 days. There were 94 homes sold in the month of August.

There are currently 54 foreclosure homes for sale in the West End of Henrico County, Va. Click here to see a list of all foreclosure properties in the West End of Henrico County, VA

Average List Price $326,443 Average Sold Price $294,046

Homes for sale 842 Homes Sold 94

Average DOM 100 Sales Price/Sq Feet $120.07

Least Expensive Home $87,800 Most Expensive Home $2,999,950

Average home sale prices in the West End of Henrico County, VA have been increasing in recent months. You can see on the chart below that prices have been increasing in 2010. Average home sale prices crossed the trend line in March and trended upward throughout the Summer. However in recent months prices dropped as sluggish home sales closed at lower prices. We fully expect to see the volatility increase into 2011 as sales and sales prices begin to increase.

A great indicator of the health of the localized housing market is the price per sq foot. This graph supports the findings of the chart above. Average price per square foot held steady or increased slightly throughout the summer but as sales have declined in September and October- so have price per square foot. This is a great trend for buyers as historically low interest rates and extremely low prices combine to make this one of the best home buying opportunities since the Great Depression.

Real Estate Sales by Zip Code

Zip Code

Avg List Price

Avg Sales Price

Avg Sales Price/Sq Ft

23226

$265,701

$208,110

$124.35

23228

$172,617

$156,947

$120.55

23229

$393,940

$286,641

$133.60

23230

$196,468

No Sales

23233

$344,973

$331,121

$128.74

23238

$387,670

$231,676

$91.93

23059

$406,394

$395,696

$124.36

23060

$250,659

$218,892

$100.11

23294

$190,679

$164,487

$106.37

Real Estate Sales by Subdivision

Subdivision

Avg List Price

Avg Sales Price

Avg Sales Price/Sq Ft

Average Days on Market

Cedar Grove

$247,225

No Sales

300

Dunncroft

$198,355

$156,000

$77.08

Farmington

$173,325

$87,000

$67.55

Castle Point

$214,891

No Sales

Hungary Ridge

$209,000

$225,000

$102.27

Eagles Ridge

$362,500

$281,500

$90.46

148

Hickory Woods at Twin Hickory

$409,950

No Sales

Magnolia Ridge

$292,437

$261,800

$103.71

Mountain Spring

$365,978

No Sales

132

Raintree

$256,990

$264,000

$109.18

Spring Lake

$266,288

$255,000

$123.31

201

Burgundy Parke

$557,583

No Sales

Hunton Estates

$557,800

No Sales

169

Westhampton Glen

$472,572

No Sales

Barrington

$925,000

No Sales

170

River Road Farms

$817,333

No Sales

382

Foxhall

$411,166

$527,500

$138.49

Covington

$589,500

$680,000

$167.45

221

**Don't see your neighborhood- Tweet(@RVARealtor), Text(804-503-0811), Facebook or email me and I'll add it

For a complete list of homes for sale in the West 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

(804)503-0811

RVARealtor@live.com

____________________________________________________________________________________

Renovated 4 Bedroom Home in Historic Highland Park

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Thu, 14 Oct 2010 22:35:28 -0700

Description

You really need to check out this renovated 4 bed 2 bath on a quiet block in Historic Highland Park. Recently renovated with central air, new luxury carpet, new paint throughout, and new kitchen counters. If you are looking for a renovated home at an affordable price- this is for you!

Features

Bedrooms: 4Bathrooms: 2Year Built: 1910Subdivision: Highland ParkLot Size: 50x120School District: Richmond CitySquare Footage: 1495Agent Name: Mike HoganBroker: Oakstone PropertiesMLS #: 1031729

Location

705 Gladstone Ave Richmond VA 23222

Mike Hogan

Associate Broker

RE/MAX Commonwealth

(804)503-0811

RVARealtor@live.com

____________________________________________________________________________________

Waterfront Home Just Minutes Off I-95

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Thu, 14 Oct 2010 22:09:33 -0700

Photo Gallery

Beautiful transitional with great lines....

Imagine coming home to this view every day...right from your own private dock.

The private dock...perfect for your boat.

The rear of the home as seen from the dock

The view from the deck to the lake...

The kitchen with stainless appliances that convey

The LARGE living room with tons of space

The dining room with loads of natural light

Half bath downstairs

The sunlight drenched Master Bedroom...

The Master Bath jetted tub

Seperate sitting room off the Master Bedroom

Bedroom #2

Bedroom #3

The full bath upstairs

The heated/cooled unfinished basement with roughed in bathroom.

Lake Caroline offers several spots for family fishing and relaxing

Another Lake Caroline picnic area...

Description

Imagine coming home to this gorgeous WATERFRONT home in Lake Caroline just minutes off I-95. The first floor features a large open kitchen with amazing views of the lake. The second floor has a large master bedroom with separate sitting room and master bath with jetted tub. The views of the lake from the private dock are amazing! There really is a lot to love about this home. If you're looking for affordable waterfront within one hour of the Beltway and 30 minutes of Richmond- this is it!

Features

Bedrooms: 3Bathrooms: 2.5Year Built: 2006Subdivision: Lake CarolineSchool District: Caroline CountySquare Footage: 1944Agent Name: Mike HoganBroker: Oakstone PropertiesMLS #: 1030612

Location

420 Lake Caroline Drive Ruther Glen VA 22546

Mike Hogan

Associate Broker

RE/MAX Commonwealth

(804)503-0811

RVARealtor@live.com

____________________________________________________________________________________

Hanover County, Va Homes Sales by Subdivision-September 2010

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sun, 03 Oct 2010 20:47:27 -0700

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

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

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

Battlefield Green

$208,165

No Sales

133

Bluffs at Bell Creek

$325,409

No Sales

Christian Ridge

$346,800

No Sales

High Point Farms

$186,099

No Sales

Kings Charter

$324,209

$299,000

$106.29

Laurel Meadows

$228,966

$241,000

$111.18

Lindsay Meadows

$777,150

No Sales

476

Milestone

$382,558

$321,000

$107.07

102

Oakley Hill

$354,816

No Sales

102

Pebble Creek

$302,008

$250,000

$109.84

Scot's Landing

$577,000

$460,000

$126.65

257

Sherrington

$310,211

No Sales

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

RVARealtor@live.com

____________________________________________________________________________________

West End Henrico Home Sales by Subdivision- August 2010

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sun, 12 Sep 2010 14:47:29 -0700

There are currently 926 homes for sale in the West End of Henrico County, Va. The average listing price for homes for sale in the West End of Henrico County, Va was $330,110 for August. The average price of homes sold in July was $336,640, a 2% decrease from July and a 5% year-to-date increase . The average Days-on-Market(DOM) was 90 days. There were 126 homes sold in the month of August.

There are currently 45 foreclosure homes for sale in the West End of Henrico County, Va. Click here to see a list of all foreclosure properties in the West End of Henrico County, VA

Average List Price $330,110 Average Sold Price $336,640

Homes for sale 926 Homes Sold 126

Average DOM 90 Sales Price/Sq Feet $125.30

Least Expensive Home $72,000 Most Expensive Home $2,999,950

Average home sale prices in the West End of Henrico County, VA have been increasing in recent months. You can see on the chart below that prices have been increasing in 2010. Average home sale prices crossed the trend line in March and have trended upward ever since. This is a solid show of strength and is is an extremely bullish signal for the months to come.

Real Estate Sales by Zip Code

Zip Code

Avg List Price

Avg Sales Price

Avg Sales Price/Sq Ft

23226

$270,062

$237,987

$143.24

23228

$183,850

$193,468

$107.30

23229

$400,136

$398,869

$141.43

23230

$183,102

$53,000

$42.40

23233

$347,854

$305,986

$119.66

23238

$433,321

$355,342

$124.89

23059

$438,239

$450,379

$125.97

23060

$257,918

$242,018

$113.30

23294

$197,957

$196,542

$142.52

Real Estate Sales by Subdivision

Subdivision

Avg List Price

Avg Sales Price

Avg Sales Price/Sq Ft

Average Days on Market

Cedar Grove

$244,458

$253,000

$111.36

162

Dunncroft

$199,607

No Sales

Farmington

$181,705

$206,000

$89.53

Castle Point

$222,380

No Sales

104

Hungary Ridge

$196,175

$225,000

$102.27

Eagles Ridge

$362,500

No Sales

Hickory Woods at Twin Hickory

$389,950

$378,500

$122.67

Magnolia Ridge

$282,518

$299,000

$93.17

Mountain Spring

$394,500

$350,650

$127.23

107

Raintree

$253,390

$215,000

$120.25

Spring Lake

$263,173

$261,470

$114.59

151

Burgundy Parke

$498,875

No Sales

Hunton Estates

$561,914

No Sales

135

Westhampton Glen

$522,020

No Sales

Barrington

$887,450

No Sales

315

River Road Farms

$817,333

No Sales

327

Foxhall

$627,156

$420,666

$130.95

Covington

$628,150

No Sales

126

For a complete list of homes for sale in the West 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

(804)503-0811

RVARealtor@live.com

____________________________________________________________________________________

Hanover County, Va Home Sales by Subdivision-August 2010

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sun, 12 Sep 2010 11:51:30 -0700

There are currently 861 homes for sale in Hanover County, Va. The average listing price for homes for sale in Hanover County, VA was $349,157 for August. The average price of homes sold in August was $266,075, a .9% decrease from July and a 6.6% year-to-date decrease. The average Days-on-Market (DOM) was 113 days. There were 63 homes sold in the month of August.

There are currently 29 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 $349,157 Average Sold Price $266,075

Homes for sale 861 Homes Sold 63

Average DOM 113 Sales Price/Sq Feet $120.04

Least Expensive Home $48,000 Most Expensive Home $4,495,000

Sales Data by Most Popular Zipcode

Zip Code

Avg List Price

Avg Sales Price

Avg Price Per Square Foot

23111

$273,009

$255,802

$128.65

23116

$351,814

$304,791

$128.21

23005

$389,749

$374,958

$111.48

23192

$522,845

$282,000

$113.35

23069

$313,311

$230,000

$124.80

Subdivision

Avg List Price

Avg Sales Price

Avg Sales Price Per Sq Ft

Avg Days on Market

Ash Creek

$322,086

$292,500

$128.35

Battlefield Green

$210,513

No Sales

139

Bluffs at Bell Creek

$319,584

$340,750

$104.18

Christian Ridge

$352,107

No Sales

High Point Farms

$137.64

$184,000

$119.66

Kings Charter

$333,668

$284,000

$128.63

Laurel Meadows

$229,283

No Sales

Lindsay Meadows

$754,881

No Sales

408

Milestone

$392,107

No Sales

105

Oakley Hill

$343,300

$315,000

$102.81

Pebble Creek

$296,330

$275,000

$131.58

Scot's Landing

$531,316

$520,000

$124.52

173

Sherrington

$304,425

No Sales

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

RVARealtor@live.com

____________________________________________________________________________________

Investors to the Rescue: Highland Park Blooms After the Bust

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Sat, 14 Aug 2010 23:07:19 -0700

Investors to the Rescue: Highland Park Blooms After the Bust

Before the housing collapse, the Highland Park neighborhood of Richmond, VA was going through a makeover. One of six Richmond, VA area neighborhoods selected to be part of the Neighborhoods in Bloom program, Highland Park saw an extensive rise in property values. But as the collapse hit the rest of the country, Highland Park was hit exceptionally hard. Vacant homes with boarded windows began to rise as a foreclosure wave forced homeowners to flee.

Investors to the Rescue

But over the past few months...we are starting to see investors buying where no one else is. Buying to rent and buying to renovate and sell. Investors rarely get credit for the important role they play in the housing market and in the economy as a whole. Investors are helping banks clear their inventory of foreclosed homes...homes that otherwise would sit vacant, boarded and rotting.

In the month of July there were 14 active foreclosures, 12 pending foreclosures and 5 sold in Highland Park. That's more than 50% of the vacant homes that were moved off the market last month...most primarily by investors.

Highland Park Blooms After the Bust

Here are a few homes recently renovated by investors....these are homes that were sitting vacant and ready for someone to bring them back to life...bringing the neighborhoods back to life.

2805 3rd Avenue- $149,950

This wonderful home directly across the street from Fifth Street Baptist Church had been vacant for several year. Obviously once a grand home, the home had fallen into sever disrepair, Windows were broken and boarded, the wrap porch was rotting and falling.

Today the home has been restored it's original grandeur. Renovations included: New Dual Zone heat pumps, new energy efficient windows, new kitchen(cabinets and appliances), 3 full baths with tub and shower, upgraded 200 amp electric service, all new plumbing, refinished original hardwood floors, new gutters, new paint outside and in...there really is too much to mention.

Other features include wrap-around porch, grand staircase with dustless corners, slate roof, stucco siding, 2 car detached garage and tons of storage space(basement and giant attic).

3117 Florida Avenue- $119,950

This great home North of Brookland Park Blvd, has been completely renovated. With four bedrooms, two full baths and large dining/living rooms...there is plenty of room to stretch out and enjoy your space.

All major systems have been upgraded or replaced..plumbing, electrical, heating/cooling, windows, vinyl siding...you name it...it's been done. There are even two decks to enjoy!

The original wood floors have been completely restored downstairs and new carpet has been added upstairs. Both bathrooms have been completely renovated with ceramic tile flooring and new fixtures. The kitchen features new countertops, hardwood floors, new appliances and ceramic tile backsplash. For features normally found in more expensive homes, you really need to see this home.

If you would like to see either of these homes or any other home in Highland Park or the greater Richmond Va area, please contact me via phone, email or Twitter.

Mike Hogan

Associate Broker

RE/MAX Commonwealth

(804)503-0811

RVARealtor@live.com

____________________________________________________________________________________

West End Henrico Home Sales Report (by Zip Code and Subdivision)-July 2010

Mike Hogan, MBA, EcoBroker (ReMax Commonwealth) — Wed, 11 Aug 2010 23:18:26 -0700

There are currently 959 homes for sale in the West End of Henrico County, Va. The average listing price for homes for sale in the West End of Henrico County, Va was $333,310 for July. The average price of homes sold in July was $343,415, a 4.0% increase from June. The average Days-on-Market(DOM) was 87 days. There were 139 homes sold in the month of July.

There are currently 56 foreclosure homes for sale in the West End of Henrico County, Va. Click here to see a list of all foreclosure properties in the West End of Henrico County, VA

Average List Price $333,310 Average Sold Price $343,415

Homes for sale 959 Homes Sold 139

Average DOM 87 Sales Price/Sq Feet $129.81

Least Expensive Home $66,600 Most Expensive Home $2,999,950

Average home sale prices in the West End of Henrico County, VA have been increasing in recent months. You can see on the chart below that prices have been increasing in 2010. Average home sale prices crossed the trend line in March and have trended upward ever since. This is a solid show of strength and is is an extremely bullish signal for the months to come.

A great indicator of the health of the localized housing market is the price per sq foot. This graph supports the findings of the chart above. 2010 is showing promise as the price per square foot has increased steadily. June proved to be another month of increasing prices and is yet another bullish sign for the overall market.

Real Estate Sales by Zip Code

Zip Code

Avg List Price

Avg Sales Price

Avg Sales Price/Sq Ft

23226

$264,885

$221,920

$139.03

23228

$179,319

$124,278

$78.14

23229

$402,674

$398,318

$143.64

23230

$191,999

$151,925

$120.84

23233

$365,444

$319,821

$127.45

23238

$373,561

$309,699

$125.77

23059

$433,884

$477,144

$132.41

23060

$259,196

$250,457

$117.65

23294

$197,130

$190,475

$105.86

Real Estate Sales by Subdivision

Subdivision

Avg List Price

Avg Sales Price

Avg Sales Price/Sq Ft

Average Days on Market

Cedar Grove

$243,678

No Sales

212

Dunncroft

$195,861

$197,475

$111.38

Farmington

$192,250

$185,000

$83.03

Castle Point

$223,900

No Sales

Hungary Ridge

$196,600

$221,000

$121.56

Eagles Ridge

$334,900

No Sales

Hickory Woods at Twin Hickory

$421,962

$363,500

$125.65

Magnolia Ridge

$300,871

No Sales

Mountain Spring

$359,966

No Sales

116

Raintree

$263,131

$330,000

$103.13

Spring Lake

$267,324

$275,780

$109.19

141

Burgundy Parke

$565,916

$530,000

$145.41

141

Hunton Estates

$559,043

No Sales

107

Westhampton Glen

$547,655

No Sales

Barrington

$887,450

No Sales

283

River Road Farms

$817,333

No Sales

295

Foxhall

$568,536

$403,500

$131.99

Covington

$633,150

No Sales

164

For a complete list of homes for sale in the West 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 begin_of_the_skype_highlighting 804-503-0811 end_of_the_skype_highlighting or Click here to send me an e-mail requesting further information.

Mike Hogan

Associate Broker

RE/MAX Commonwealth

(804)503-0811

RVARealtor@live.com

____________________________________________________________________________________