Chesterfield and Henrico Counties Market Report – This Month 2021
Welcome to this month’s Richmond, Virginia, metro area real estate market report. Are you thinking of buying or selling a home in the Richmond metro area, which includes counties of Chesterfield, Hanover, Henrico, and Richmond City, right now and are curious at what price homes or condos are selling for? Read this helpful report to get up to date on what the market is doing.
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Have you been thinking of selling your home or condo but not sure for what price? Find out what your home may be worth with our free home valuation tool. Simply enter some basic information about your property and we will provide you a market summary suggesting a starting list price for your home. Give us a call today at 804-396-4625 and we’ll help get you started!
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 2021
- 📰 Market Reports from 2020
- 📍 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 July 2021 was $396,776, a year-to-year increase of 16.1%
There were 1,617 single-family properties sold during July, an increase of 7.6% from the previous July.
A total of 1,528 single-family homes went under contract in the Chesterfield, Hanover, Henrico, and Richmond City counties during July, a year-to-year drop of 1.9%.
At the end of last month, a total of 1,637 new property listings hit the market in the Richmond metro area, a drop of 5.4% compared to the previous July.
Single-family homes in the Richmond metro were on the market for an average of 10 days before being sold, and sellers were getting 104.5% of their asking price at closing
READ THE IN-DEPTH MARKET REPORT HERE!
🏠 Chesterfield, Hanover, Henrico, & Richmond City Condo Stats Quick Stats
The average sale price for condos in Chesterfield, Hanover, Henrico, and Richmond City counties at the end of July was $291,542, an increase of 3.7% from one year ago.
A total of 304 condos were sold last month in the Richmond metro area, which is a year-to-year increase of 12.6%.
During July 290 condos went under contract, a drop of 6.1% compared to the previous July.
There were 326 new condo listings that hit the market in July, a year-to-year increase of 2.2%, There are approximately 1.1 months of inventory available to buyers in the Richmond metro area.
READ THE IN-DEPTH MARKET REPORT HERE!
Home Buying and Selling During the Coronavirus Pandemic
📊 Local Market Insight Reports
📰 Market Reports from 2021
| January 2021 | February 2021 |
| March 2021 | April 2021 |
| May 2021 | June 2021 |
📰 Market Reports from 2020
| January 2020 | February 2020 |
| March 2020 | April 2020 |
| May 2020 | June 2020 |
| July 2020 | August 2020 |
| September 2020 | October 2020 |
| November 2020 | December 2020 |
📍 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 $396,776 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 $380,000 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 $396,776 or less.
