Enjoy this Chesterfield and Henrico Counties Market Report for this month. You can also do a home search and save your favorite properties. Set up a search and be alerted as soon as a matching property hits our database. It’s Exclusive.
Housing Market Inventory
Chesterfield County sold 567 residential units in September of 2017 in contrast to 622 last month. Although the month over month shows a decrease, September 2017 proved 23 percent higher sales than the same month a year earlier, indicating that the market hasn’t yet slipped into a winter slumber. Sales price increased year over year with an average sales price this year of $245,000 compared to last year’s $227,000. However, the month-over-month version isn’t as positive.
Henrico County sold 393 residential units in September 2017, in contrast to 518 units sold in August, and down from last year by 2 percent. The median sales price for September 2017 came in at $230,000 up 5 percent to last year’s $219,975.
Chesterfield County real estate is still alive and well with ample opportunity to buy or sell successfully before the year’s end. Homes are selling in an average of 32 days for more than the asking price.
Henrico County is beginning to show signs of slowing down for the holiday season and winter. Sellers can anticipate selling their homes in around 33 days for just about 98 percent of their asking price.
For Chester County, the average sales price for September was five percent lower than in August. Also, down is the month’s supply of inventory, closing September with 2.6 months remaining, 34 percent less than last year’s 3.9 percent.
For Henrico County, average sales price for September was five percent lower than in August. Also, down is the month’s supply of inventory, closing September with 2.6 months remaining, 34 percent less than last year’s 3.9 percent. Read More Here!
Market Reports from 2017
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