Q2 2023 MARKET REPORT RICHMOND METRO ® Each office independently owned and operated.
AVG SALE PRICE $487,994 TOTAL UNITS SOLD 1,132 AVG DAYS ON MARKET 14 TOTAL DOLLAR VOLUME $552M AVG SALE PRICE $380,743 TOTAL UNITS SOLD 232 TOTAL DOLLAR VOLUME $88M Chesterfield, Hanover, Henrico & Richmond City SINGLE FAMILY (Q2) AVG DAYS ON MARKET 27 TOWNHOUSES & CONDOS (Q2) Chesterfield, Hanover, Henrico & Richmond City
Q2 2023
GREATER RICHMOND REGION
3
Q2 2023 % diff from 2022 Q2 2023 % diff from 2022 Q2 2023 % diff from 2022 single family units sold avg price avg days 1168 $453,628 16 -27 +7 +60 111 $683,011 35 -21 +5 +133 339 $500,273 25 -25 +6 +39 condo/ townhome units sold avg price avg days 197 $346,833 30 -20 +4 +58 9 $524,416 102 -18+1357 32 $352,339 47 -57 +2 +52
Q2 2023 % diff from 2022 Q2 2023 % diff from 2022 Q2 2023 % diff from 2022 single family units sold avg price avg days 806 $457,833 14 -22 -4 +56 108 $437,432 20 -24 +5 -11 82 $477,991 26 -42 -2 +63 condo/ townhome units sold avg price avg days 297 $387,598 24 -7 +8 +41 9 $284,937 37 -55 -3 +28 1 $295,000 118-HENRICO
NEW KENT
POWHATAN CO Q2 2023 % diff from 2022 Q2 2023 % diff from 2022 Q2 2023 % diff from 2022 single family units sold avg price avg days 97 $353,016 37 -7 +5 +164 650 $498,659 16 -23 -6 +60 305 $212,218 24 -10 +3 +60 condo/ townhome units sold avg price avg days 1 $264,950 57-93 $381,562 17 -24 +10 -29 6 $248,900 37 -25 +21 -5 PRINCE GEORGE
RICHMOND
CHESTERFIELD CO GOOCHLAND CO HANOVER CO
CO
CO
CO
CITY TRI-CITIES
get to know the good life. ALEXANDRIA 1701 Duke Street, Suite 100 Alexandria, VA 22314 703-535-3610 ARLINGTON 2111 Wilson Boulevard, Suite 1050 Arlington, VA 22201 703-224-6000 MIDLOTHIAN 15871 City View Drive, Suite 120 Midlothian, VA 23113 804-858-9000 VIENNA 144 Church Street NW Vienna, VA 22180 703-564-4000
