Q4 2023 MARKET REPORT ® Each office independently owned and operated.
RICHMOND METRO
TOTAL UNITS SOLD 10,195
AV G SALE PRICE
AV G D AY S O N MARKET
$457,082 TOTAL DOLLAR VOLUME
20
$4.7B
SINGLE FAMILY (2023)
Chesterfield, Hanover, Henrico & Richmond City
AV G SALE PRICE
TOTAL UNITS SOLD
2,514
$363,648 AV G D AY S O N MARKET 27
TOTAL DOLLAR VOLUME
$914M
TOWNHOUSES & CONDOS (2023) Chesterfield, Hanover, Henrico & Richmond City
Q4 2023 GREATER RICHMOND REGION CHESTERFIELD CO
GOOCHLAND CO
HANOVER CO
Q4 2023
% diff from 2022
Q4 2023
% diff from 2022
Q4 2023
% diff from 2022
single family
units sold avg price avg days
880 $453,290 20
-18 +6 +11
85 $804,388 31
-3 +22 +29
265 $529,726 39
-12 +9 +77
condo/ townhome
units sold avg price avg days
245 $355,272 29
+7 +26
11 $557,922 35
-35 +4 +13
32 $427,464 41
-35 +15 +71
HENRICO CO
NEW KENT CO
POWHATAN CO
Q4 2023
% diff from 2022
Q4 2023
% diff from 2022
Q4 2023
% diff from 2022
single family
units sold avg price avg days
681 $457,607 16
+10 +9 -6
101 $453,737 27
-6 +1 -18
71 $499,323 21
-17 +13 +5
condo/ townhome
units sold avg price avg days
263 $387,985 25
-3 +7 +25
22 $322,591 28
-29 +6 +17
-
-
PRINCE GEORGE CO
RICHMOND CITY
TRI-CITIES
Q4 2023
% diff from 2022
Q4 2023
% diff from 2022
Q4 2023
% diff from 2022
single family
units sold avg price avg days
83 $333,199 34
+15 -13 +21
541 $491,130 22
+2 +10 +16
220 $220,259 27
-21 +9 +8
condo/ townhome
units sold avg price avg days
3 $231,000 40
-
95 $345,267 25
+20 +1 -29
9 $240,217 29
+350 +53 +625
3
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
VIENNA 144 Church Street NW Vienna, VA 22180 703-564-4000
MIDLOTHIAN 15871 City View Drive, Suite 120 Midlothian, VA 23113 804-858-9000
TYSONS 1775 Tysons Blvd Suite 1450 Tysons, VA 22102 703-564-4000