“World's Most Complete Neighborpedia”
Explore:   What's happening in your neck of the woods?

Mike Hogan, MBA, EcoBroker

Hanover County, Va Homes Sales by Subdivision- May 2010

here are currently 908 homes for sale in Hanover County, Va. The average listing price for homes for sale in Hanover County, VA was $358,506 for May. The average price of homes sold in May was $267,369, a 5% decrease from April. The average Days-on-Market(DOM) was 107 days. There were 86 homes sold in the month of May.

There are currently 21 foreclosure properties for sale in Hanover County, Va. Click here to see a list of all foreclosure homes for sale in Hanover County, VA.

Average List Price $358,506 Average Sold Price $267,369

Homes for sale 908 Homes Sold 86

Average DOM 107 Sales Price/Sq Feet $119.14

Least Expensive Home $40,000 Most Expensive Home $4,495,000

Hanover County average home sale prices declined steadily since the beginning of 2008 as showing in the graph below. However average prices have moderated in recent months as average prices moved across the trend line...a positive sign for the months to come. In April we saw the average price increase 11% over March averages as the expiration of the Homebuyer Tax Credit pushed up prices. But in May we saw a return to the average as prices reduced 5% from April. The chart below shows a bottoming of prices in Hanover County throughout 2009 with some sideways price trending so far in 2010.

Just as important and possibly an even better guage of the health of the local real estate market is the average price per square foot. In the chart below you can see the obvious decline in sold price per square foot since January 2008 of 13.3% for homes for sale in Hanover County, VA. But price per square foot surged in April to averages unseen since January 2009. This is an extremely encouraging sign but was likely influenced by the expiration of the federal Homebuyer Tax Credit on April 30.

Hanover County Va Average Sales Price

Hanover County VA average real estate price per square foot

Sales Data by Most Popular Zipcode

Zip Code

Avg List Price

Avg Sales Price

Avg Price Per Square Foot

23111

$282,389

$218,180

$120.36

23116

$366,052

$319,287

$121.35

23005

$371,621

$242,687

$118.87

23192

$538,846

$382,635

$115.68

23069

$371,237

$516,000

$136.51

Below is a breakdown of real estate homes sales in Hanover County, Virginia for the month broken down by subdivision. Just click on the link to your subdivision for the complete list of homes available for sale in that neighborhood.

Subdivision

Avg List Price

Avg Sales Price

Avg Sales Price Per Sq Ft

Avg Days on Market

Ash Creek

$341,347

$320,000

$125.34

63

Battlefield Green

$214,206

$213,425

$107.47

107

Bluffs at Bell Creek

$333,964

$347,950

$105.25

77

Christian Ridge

$360,121

393,800

$99.90

66

High Point Farms

$210,853

$183,333

$115.39

94

Kings Charter

$318,566

$250,000

$125.01

67

Laurel Meadows

$248,528

$228,075

$134.62

94

Lindsay Meadows

$754,581

No Sales

No Sales

330

Milestone

$379,688

$383,333

$115.24

61

Oakley Hill

$350,641

No Sales

No Sales

55

Pebble Creek

$304,536

$266,600

$105.19

68

Scot's Landing

$539,837

$549,950

$167.97

167

Sherrington

$326,080

$315,000

$101,28

100

For a complete list of homes for sale in Hanover County, VA please call or Click here, to visit my website.


If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.

King William County Home Sales Report-April 2010

There are currently 193 homes for sale in King William County, Va. The average listing price was $228,007 and the average price of homes sold in April was $178,12. The average Days-on-Market(DOM) for a home was 127. There were 11 homes sold(closed) in the month of April.

There are currently 11 foreclosure properties for sale in King William County, Va. Click here to see a list of all foreclosures in King William County.

Average List Price $228,007 Average Sold Price $178,127

Homes for sale 193 Homes Sold 11

Average DOM 127 Sales Price/Sq Feet $112.53

Lowest Priced Home $25,000 Highest Priced Home $1,650,000

The chart below show the average sold price for homes in King William County, Va since 2008. As expected prices have steadily dropped through 2008 and 2009. We saw a reversal of the trend in late 2009 much like the rest of Central Virginia but we have sense seen further deterioration in average sales prices. This statistic should be taken somewhat lightly as there are only 11 sales per month in the County. This relatively low number of sales greatly influences the average sales price.

King William County Average Sales Price

Sales Data by Most Popular Zipcode

Zip Code

Avg List Price

Avg Sold Price

Avg Sales Price per Sq Foot

23106

$399,689

$283,000

$110.89

23181

$231,325

$200,000

$92.85

23009

$216,148

$172,408

$111.71

23086

$201,205

$147,316

$121.28

Sales Data by Subdivision

Subdivision

Avg List Price

Avg Sold Price

Avg Sales Price per Sq Foot

Central Crossing

$187,241

No Sales

Kennington

$262,447

$269,500

$125.12

Manquin Farms

$147,425

No Sales

Marle Hills

$199,022

No Sales

McCauley Park

$204,807

$202,000

$144.29

Cedar Crest

$216,116

No Sales

Oaksprings and Rosegarden Estates

$225,260

No Sales

Venter Heights

$183,594

No Sales

Parkwood Estates

$221,475

$109,000

$98.73

If you don't see your neighborhood listed here, email or Twitter DM me and I will send you the detailed report for your subdivision and will include it in future reports.

For a complete list of homes for sale in King William County, VA please call or Click here, to visit our website.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.

Eastern/Northern Henrico County, Va Homes Sales Report-April 2010

There are currently 854 homes for sale in Eastern and Northern Henrico County, Va. The average listing price for homes for sale Eastern and Northern Henrico County, VA in April was $184,554. The average price of homes sold in April was $156,080, a 5% increase from March. The average Days-on-Market(DOM) was 98. There were 91 homes sold(closed) in the month of April.

Average List Price $184,554 Average Sold Price $156,080

Homes for sale 854 Homes Sold 91

Average DOM 98 Sales Price/Sq Feet $98.76

Lowest Priced Listing $13,900 Highest Priced Listing $749,000

There are currently 54 foreclosure listing in Eastern and Northern Henrico. These properties tend to need some work but also tend to offer below market value prices. Click here to see all foreclosure homes for sale in Eastern or Northern Henrico County, Va.

Below is the chart showing the average sold price in Eastern and Northern Henrico County from 2008 forward. As you can see- prices have steadily declined since May 2008. The red trendline shows a downward trend. But in October 2009 we broke through that trend line to the upside and prices have moderated a bit since. We think this is a direct correlation to the homebuyer tax credits. The enormous amounts of snow in February really put a clamp on home sales. As we expected the expiration of the Homebuyer Tax Credit in April fueled a resurgence in homebuying. This increased both the average sales price and the average price per square foot. While the recent trend appears to be bullish, we remain cautiously optimistic on home sales in Eastern and Northern Henrico County, VA.

Eastern and Northern Henrico County Va Home Sales

The Chart below shows the Average Price per Square Foot for homes sold in Eastern and Northern Henrico County, VA. As expected, the trend dropped from 2008 to 2009 but has moderated ever since. We believe first-time homebuyers quickly buying homes in the inexpensive East End of Henrico County is primarily responsible for this moderation. The large decrease in price per square foot is a positive for homebuyers as homes are much more affordable and buyers can buy more home for less money.

Eastern and Northern Henrico County Va average price per square foot

Sales Data by Zip Code

Zip Code

Avg List Price

Avg Sales Price

Average Sales Price per Sq Ft

Average Days on Market

23075

$142,145

$121,880

$94.01

114

23150

$203,597

$182,944

$107.13

108

23222

$119,755

$82,436

$65.55

98

23223

$164,096

$119,054

$74.99

96

23231

$209,215

$166,382

$100.52

109

Sales Data by Subdivision(click on the link to see all available properties)

Subdivison

Avg List Price

Avg Sales Price

Average Sales Price per Sq Ft

Average Days on Market

Bryan Park Garden/Heights

$194,200

$206,375

$101.15

96

Castleton

$242,340

No Sales

No Sales

94

Chamberlayne Farms

$183,662

$184,500

$96.87

42

Clarendon Woods

$264,666

No Sales

No Sales

116

Eagles Nest

$284,550

No Sales

No Sales

245

Four Mile Run

$218,606

$213,500

$86.54

46

Glenwood Lakes

$205,357

$155,000

$81.41

84

Huntington Place

$202,899

No Sales

No Sales

228

Montezuma Gardens and Oak Hill

$108,825

$56,000

$47.34

152

Jenkins Bluff

$309,913

$298,950

$111.55

76

Sterling Forest

$367,475

No Sales

No Sales

160

Carlton at Stoneleigh

$279,900

No Sales

No Sales

4

Hillcrest Farms

No Active Listings

No Sales

No Sales

Settlers Ridge

$249,814

No Sales

No Sales

70

Don't see your neighborhood listed? Send me and email or a Twitter DM and I'll send you the report directly and will add it to ongoing reports.

For a complete list of homes for sale in the East End of Henrico County, VA please call or Click here, to visit my website.


If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.

West End Henrico Home Sales by Subdivision- April 2010

There are currently 911 homes for sale in the West End of Henrico County, Va. The average listing price for homes for sale in the West End of Henrico County, Va was $356,999 for April. The average price of homes sold in April was $325,201, a 5.1% increase from March. The average Days-on-Market(DOM) was 82 days. There were 144 homes sold in the month of April.

There are currently 33 foreclosure homes for sale in the West End of Henrico County, Va. Click here to see a list of all foreclosure properties in the West End of Henrico County, VA

Average List Price $356,999 Average Sold Price $325,201

Homes for sale 911 Homes Sold 144

Average DOM 82 Sales Price/Sq Feet $127.82

Average home sale prices in the West End of Henrico County, VA have been increasing in recent months. You can see on the chart below that prices have been increasing in 2010. Average home sale prices crossed the trend line in March and stayed above the trend line in April. This is an extremely bullish signal for the months to come.

Homes for Sale in the West End of Henrico County, VA

A great indicator of the health of the localized housing market is the price per sq foot. This graph supports the findings of the chart above. 2010 is showing promise as the price per square foot has increased steadily.

West End of Henrico County, VA Average Price per Sq Foot

Real Estate Sales by Zip Code

Zip Code

Avg List Price

Avg Sales Price

Avg Sales Price/Sq Ft

23226

$285,464

$227,303

$131.64

23228

$206,096

$238,000

$139.65

23229

$409,525

$370,021

$136.43

23230

$248,144

$164,333

$126.20

23233

$371,868

$309,608

$125.21

23238

$437,764

$520,000

$114.27

23059

$449,386

$437,776

$125.92

23060

$264,028

$259,600

$125.01

23294

$217,680

$209,285

$124.88

Real Estate Sales by Subdivision

Subdivision

Avg List Price

Avg Sales Price

Avg Sales Price/Sq Ft

Average Days on Market

Cedar Grove

$248,800

$345,000

$155.47

154

Dunncroft

$205,765

$195,700

$135.91

110

Farmington

$348,900

$207,000

$98.67

297

Castle Point

$215,206

$202,000

$116.90

80

Hungary Ridge

$235,212

$209,500

$134.91

97

Eagles Ridge

$307,686

$285,000

$127.35

86

Hickory Woods at Twin Hickory

$442,160

$386,000

$105.35

50

Magnolia Ridge

$326,850

$285,500

$101.51

89

Mountain Spring

$363,300

No Sales

99

Raintree

$283,326

$190,000

$62.58

71

Spring Lake

$268,095

No sales

149

Burgundy Parke

$578,869

No sales

44

Hunton Estates

$546,539

$390,000

$118.94

53

Westhampton Glen

$511,705

No sales

106

Barrington

$799,900

No sales

394

River Road Farms

$402,443

No sales

99

Foxhall

$550,872

No sales

56

Covington

$685,150

$592,000

$140.42

55

For a complete list of homes for sale in the West End of Henrico County, VA please call or Click here, to visit my website.


If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.

Hanover County, Va Homes Sales by Subdivision April 2010

Reblog_disabled Re-blogged 0 times

There are currently 854 homes for sale in Hanover County, Va. The average listing price for homes for sale in Hanover County, VA was $365,451 for April. The average price of homes sold in April was $282,666, a 11% increase from March. The average Days-on-Market(DOM) was 100 days. There were 75 homes sold in the month of April.

There are currently 22 foreclosure properties for sale in Hanover County, Va. Click here to see a list of all foreclosure homes for sale in Hanover County, VA.

Average List Price $365,451 Average Sold Price $282,666

Homes for sale 854 Homes Sold 75

Average DOM 100 Sales Price/Sq Feet $125.24

Hanover County average home sale prices declined steadily since the beginning of 2008 as showing in the graph below. However average prices have moderated in recent months as average prices moved across the trend line...a positive sign for the months to come. In April we saw the average price increase 11% over March averages. The chart below shows a bottoming of prices in Hanover County throughout 2009 with some sideways price trending so far in 2010.

Hanover County Va Homes for sale

Just as important and possibly an even better guage of the health of the local real estate market is the average price per square foot. In the chart below you can see the obvious decline in sold price per square foot since January 2008 of 13.3% for homes for sale in Hanover County, VA. But price per square foot surged in April to averages unseen since January 2009. This is an extremely encouraging sign but was likely influenced by the expiration of the federal Homebuyer Tax Credit on April 30.

Hanover County VA real estate for sale

Sales Data by Most Popular Zipcode

Zip Code

Avg List Price

Avg Sales Price

Avg Price Per Square Foot

23111

$285,419

$221,809

$120.02

23116

$370,872

$318,060

$129.13

23005

$394.944

$380,500

$120.11

23192

$519,616

$277,737

$117.99

23069

$272,409

$117,000

$100.34

Below is a breakdown of real estate homes sales in Hanover County, Virginia for the month broken down by subdivision. Just click on the link to your subdivision for the complete list of homes available for sale in that neighborhood.

Subdivision

Avg List Price

Avg Sales Price

Avg Sales Price Per Sq Ft

Avg Days on Market

Ash Creek

$353,597

$343,650

$117.77

48

Battlefield Green

$214,507

$100,000

$80.97

94

Bluffs at Bell Creek

$340,261

No Sales

No Sales

57

Christian Ridge

$378,350

No Sales

No Sales

72

High Point Farms

$199,139

$159,333

$121.92

72

Kings Charter

$325,446

$330,500

$140.68

78

Laurel Meadows

$252,456

$200,000

$143.06

67

Lindsay Meadows

$800,421

No Sales

No Sales

386

Milestone

$389,206

$372,666

$117.55

50

Oakley Hill

$338,475

$380,000

$110.91

68

Pebble Creek

$297,084

$261,764

$123.77

56

Scot's Landing

$546,087

No Sales

No Sales

140

Sherrington

$334,813

No Sales

No Sales

75

For a complete list of homes for sale in Hanover County, VA please call or Click here, to visit my website.


If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.