Chesterfield and Henrico Counties Market Report – This Month 2022
Welcome to this month’s real estate market report for the Richmond metro area including the counties of Chesterfield, Hanover, Henrico, and Richmond City. At the end of April 2022, the average sale price for single-family homes in the Richmond metro had climbed almost 14% compared to one year ago, and sale prices for condo properties have also risen 14% from last year. If you are in the market to buy or sell a home get up to date with this helpful report.
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Contents
- 🏠 Chesterfield, Hanover, Henrico, & Richmond City Housing Market Quick Stats
- 🏠 Chesterfield, Hanover, Henrico, & Richmond City Condo Stats Quick Stats
- 📊 Local Market Insight Reports
- 📰 Market Reports from 2022
- 📰 Market Reports from 2021
- 📍 Browse by Location
- 🏡 Richmond Metro Area Homes for Sale
- 🏡 Chesterfield County Homes for Sale
- 🏡 Henrico County Homes for Sale
🏠 Chesterfield, Hanover, Henrico, & Richmond City Housing Market Quick Stats
The average sale price for single-family homes in the Richmond metro area at the end of April 2022 was $429,549, up 13.7% from $377,951 at the end of the previous April.
There was a total of 1,220 single-family homes sold during April in the Richmond metro area, which is a year-to-year decrease of 6.4%.
There were 1,325 homes that went under contract last month, which is a year to year drop in sales activity for April of 11.1%.
A total of 1,429 new properties were offered for sale in the Chesterfield, Hanover, Henrico, and Richmond City Counties during the month of April, this is a drop of 21% from one year ago, and inventory levels remain low at just 0.6 months of supply available.
Single-family homes are on the market for an average of 12 days before being sold, and sellers are getting 108.1% of their original list price at closing.
READ THE IN-DEPTH MARKET REPORT HERE!
🏠 Chesterfield, Hanover, Henrico, & Richmond City Condo Stats Quick Stats
At the end of April 2022 the average sale price for condos in the Chesterfield, Hanover, Henrico, and Richmond City areas was $339,215, which is a year-to-year increase of 14.4%.
There were 220 condos sold last month, which is a drop of 13.7% in sales activity compared to the previous April.
There was a total of 254 properties that went under contract during April, sales activity for condos actually increase 1.2% year to year.
There were 256 new condo properties offered to buyers during April, this is a drop of 9.2% in new listing activity compared to one year ago.
Condos were on the market for an average of 25 days during April and sellers of condos were receiving 105.1% of their original list price at closing.
READ THE IN-DEPTH MARKET REPORT HERE!
💡 How to Take Advantage of the Wild Real Estate Market While it Lasts
📊 Local Market Insight Reports
Richmond Metro Area
📰 Market Reports from 2022
| January 2022 | February 2022 |
| March 2022 | April 2022 |
📰 Market Reports from 2021
| January 2021 | February 2021 |
| March 2021 | April 2021 |
| May 2021 | June 2021 |
| July 2021 | August 2021 |
| September 2021 | October 2021 |
| November 2021 | December 2021 |
📍 Browse by Location
| Chesterfield | Midlothian |
| Henrico | Hanover |
| Richmond | Fan District |
| Church Hill |
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 $379,950 or less.
🏡 Chesterfield County Homes for Sale
Here are the most recent home listings just added to the database in the median sale price range for Chesterfield County – all homes here are priced at $385,000 or less.
🏡 Henrico County Homes for Sale
Here are the most recent home listings just added to the database in the median sale price range for Henrico County – all homes here are priced at $430,000 or less
