Henrico VA Real Estate Market Update 2013

Henrico VA Real Estate Market Update 2013

Henrico VA Real Estate Market Update 2013Recently I wrote on the Richmond VA real estate market update 2013 which showed a fantastic increase in market conditions over the previous year. Now let's take a look to see if the same holds true for Henrico County. Below is your Henrico VA real estate market update for 2013: Number of Homes Sold: 3,270 Average List Price: $257,906 Average Sold Price: $252,431 Average Days on Market: 52 To know where we are going, we have to know where we have been. Below are the statistics for 2012: Number of Homes Sold: 3,014 Average List Price: $249,422 Average Sold Price: $243,096 Average Days on Market: 60 *All information is from the CVRMLS and is considered reliable, but not guaranteed. The Henrico County real estate market showed an improvement of 8% in total homes sold, an increase of 3% in the average list price, an increase of almost 4% in the average sold price, and a decrease in the average days on market by a whopping 13%! This steady growth is a positive sign in the Henrico County real estate market and I predict we will continue to see improvements throughout 2014. Remember, real estate is hyper-local and can vary from neighborhood to neighborhood. If you would like a market update on your specific community, call me, your Richmond VA real estate agent at the RVA Home Team with eXp Realty, today for your customized report!

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