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Central Virginia Market – October

Central Virginia Regional MLS

Chesterfield, Hanover, Henrico, and Richmond City October pending sales are up 25.7% from October of 2019 and closed sales are up 24.4% from the same time last year. Ironically the inventory has only increased 2.4% which is another example of our lack of inventory in the marketplace. The average sales price increased from $308,815 to $361,491 year over year for October. Lastly the overall inventory for homes for sale has gone from 2730 in 2019 to 1422 in 2020, which is down -47.9% for October. Learn more below and see why now is the time to sell you home in the market. For more information, please contact us at 804.288.2100!

Central Virginia Market

Central Virginia Regional MLS

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