Welcome to this month’s Richmond Metro real estate market report covering the counties of ChesterfieldHanoverHenrico, and Richmond City. This helpful report will get you up to date with the latest real estate statistics in these areas.

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🏠 Chesterfield, Hanover, Henrico, & Richmond City Housing Market Quick Stats

At the end of June 2021, the average sale price for single-family homes in the ChesterfieldHanoverHenricoand Richmond City counties was $389,390, a year-to-year increase of 17.1% 

There were 1,638 single-family homes sold during the month of June, an increase of 12.2% from 1,460 sold the previous June

A total of 1,664 properties went under contract last month, a slight year-to-year increase of 8.3%. 

The Richmond metro area added 1,758 new listings to the real estate market over the month of June, an increase of 10.2% from one year ago. Currently, there is less than one month of single-family housing inventory available

Chesterfield, Hanover, Henrico, Richmond City counties are all in seller’s markets as the list price to sale price ratio is currently at 105.1% and homes are on the market for an average of 11 days before being sold.

READ THE IN-DEPTH MARKET REPORT HERE!

🏠 Chesterfield, Hanover, Henrico, & Richmond City Condo Stats Quick Stats

Average condo sale prices in the Richmond metro area ended June at $311,060, a year-to-year increase of 21.4% 

There were a total of 308 condos closed last month, up from 245 closings the previous June

There was a total of 323 condos that went under contract in the Chesterfield, Hanover, Henrico, and Richmond City counties, an increase of 8.8% from one year ago. 

Overbidding is also trending in the condo market in Chesterfield, Hanover, Henrico, and Richmond City areas, sellers are receiving 102.8% of their list price at closing, for the year, the list to sale price ratio is 102.1%.

READ THE IN-DEPTH MARKET REPORT HERE!

Home Buying and Selling During the Coronavirus Pandemic

Others Have Asked
If you are thinking of selling and wonder how much your house might sell for in today’s Chesterfield and Henrico Counties Real Estate Market, use this instant home value estimate or call 804-396-4625.

📊 Local Market Insight Reports

Richmond Metro Area

📰 Market Reports from 2021

January 2021February 2021
March 2021April 2021
May 2021June 2021

📰 Market Reports from 2020

January 2020February 2020
March 2020April 2020
May 2020June 2020
July 2020August 2020
September 2020October 2020
November 2020December 2020

📍 Browse by Location

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Wondering what your home might be worth? Find out instantly with our 15-second home value calculator.

🏡 Richmond Metro Area Homes for Sale

Here are the most recent home listings just added to the database in the median sale price range for Richmond Metro Area – all homes here are priced at $389,390 or less.

🏡 Chesterfield County Homes for Sale

Here are the most recent home listings just added to the database in the average price range for Chesterfield County, all homes are priced at $338,350 or less.

🏡 Henrico County Homes for Sale

Here are the most recent home listings just added to the database in the average price range for Henrico County, all homes are priced at $326,050 or less.

Summary
Chesterfield and Henrico Counties Market Report - This Month 2021
Article Name
Chesterfield and Henrico Counties Market Report - This Month 2021
Description
At the end of June 2021, the average sale price for single-family homes in the Chesterfield, Hanover, Henrico, and Richmond City counties was $389,390, a year-to-year increase of 17.1% from $332,460. For the year the average sale price for single-family homes is ahead of last year’s pace by 15% up from $321,840 to $370,942.
Author
Publisher Name
The Wilson Group
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