Welcome to this month’s Richmond, Virginia metro area real estate market report covering the communities of Chesterfield, Hanover, Henrico, and Richmond City. Curious to know how the real estate market has performed over the last month, this helpful report will get you up to date.

Are you ready to buy a home in the Richmond metro area? You can use our site to search for homes in places such as Chesterfield, Hanover, Henrico, or Richmond City. Search for homes by price, size, or zip code. Make sure to save your searches and sign up to be notified as soon matching properties become available.

If you are thinking of selling your home we can help! First start by getting an idea of your home’s worth by using our free home valuation tool. Simply answer a few questions and we will provide you insight about your home’s market value.

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

The average sales price for single-family homes in the Richmond Metro Area for August was $343,007, up 6.8% from $320,091 one year ago.

There were 1,491 sales of single-family homes, 1,644 pending sales, and 1,690 new listings to hit the CChesterfield, Hanover, Henrico, and Richmond City markets at the end of summer.

Homes averaged 25 days on the market and sellers were getting 100.1% of the asking price for their home.

READ THE IN-DEPTH MARKET REPORT HERE!

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

The average sale price for condos in the Richmond Metro Area last month was $281,681, up 7.0% from $263,171 twelve months ago.

In the Richmond metro area there 266 condo sales closed, 332 condos had pending offers, and there were 313 new condos listed for sale in the Chesterfield, Hanover, Henrico, and Richmond City areas.

Condos averaged 34 days on the market before being sold and sellers were getting 99.2% of their asking price.

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 2020

January 2020February 2020
March 2020April 2020
May 2020June 2020
August 2020

📰 Market Reports from 2019

January 2019February 2019
March 2019April 2019
May 2019June 2019
July 2019August 2019
September 2019October 2019
November 2019December 2019

📑 Market Reports from 2018

January 2018February 2018
March 2018April 2018
May 2018June 2018
July 2018August 2018
September 2018October 2018
November 2018December 2018

📋 Market Reports from 2017

October 2017November 2017
December 2017

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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 $343,007 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 $336,884 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 $363,713 or less.

Summary
Chesterfield and Henrico Counties Market Report - This Month 2020
Article Name
Chesterfield and Henrico Counties Market Report - This Month 2020
Description
The average sales price for single-family homes in the Richmond Metro Area for August was $343,007, up 6.8% from $320,091 one year ago.
Author
Publisher Name
The Wilson Group
Publisher Logo