Wally Hughes - West Broad Village - December 2018

Wally Hughes Associate Broker, ABR, CRS, GRI, CDPE

804.513.3240

WallyHughes@gmail.com www.WestBroadVillageProperties.com www.WallyHughes.com

COMMONWEALTH

200 Westgate Pkwy, Ste #102 Richmond, VA 23233 Office: 804.360.5200

Each office independently owned and operated.

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2018

BUILD, BUY, SELL, INVEST, AND LEASE WITH WALLY

your Success!

THE BEGINNING OF

A NEW YEAR BRINGS NEW DREAMS! Johnathan and Angela-Marie, Thank you for a wonderful year. Let’s work together in 2019.

Call 804.513.3240 to start your journey to success!

West Broad Village DECEMBER 2018 REAL ESTATE MARKET REPORT

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

PRESENTED BY WALLY HUGHES YOUR WEST BROAD VILLAGE REAL ESTATE SPECIALIST

Wally Hughes Associate Broker ABR, CRS, GRI, CDPE

804.513.3240

WallyHughes@gmail.com www.WestBroadVillageProperties.com www.WallyHughes.com

Let’s work as a team to buy your new home and to sell your existing home!

WEST BROAD VILLAGE MARKET REPORT Brownstones Homes Currently Active Beds Range 3

Bath Range 3.2

Avg. Est. Sq. Ft. 2,959

Avg. List Price $529,000

Avg. Price/Sq. Ft. $179.20

Village Homes Currently Active Beds Range 3

SOLD | 2408 LIESFELD PARKWAY

Bath Range 3.1

Avg. Est. Sq. Ft. 1,995

Avg. List Price $402,350

Avg. Price/Sq. Ft. $206.41

Fairgate Homes Currently Active Beds Range 3

Bath Range 3.1

Avg. Est. Sq. Ft. 2,231

Avg. List Price $364,950

Avg. Price/Sq. Ft. $163.62

Norwood Homes Currently Active Beds Range 4

Bath Range 3.1

Avg. Est. Sq. Ft. 2,892

Avg. List Price $489,000

Avg. Price/Sq. Ft. $155.60

West Broad Village Homes Sold in the Last 3 Months For more information on any of these listings, call Wally at 804.513.3240.

West Broad Village Homes Sold in the Last 3 Months

For Additional Information On These and Other Listings, Visit: www.WestBroadVillageProperties.com Available for Lease

3900 LIESFELD PLACE 3 BEDS | 3.5 BATHS | 2,123 SQ. FT.

Status

Model

Street Name

Est. Sq. Ft.

Sold Price Price

Sold Date

Sold

Brownstone

Liesfeld Parkway

2,612

$490,000

11/08/18

Sold

Fairgate

Fish Pond Lane

2,234

$359,950

11/06/18

Sold

Village

Liesfeld Place

2,123

$402,500

10/30/18

Sold

Fairgate

Maher Manor

2,220

$360,000

10/12/18

Sold

Fairgate

Old Brick Road

2,234

$375,000

10/12/18

Sold

Norwood

Geese Landing

2,904

$469,000

09/26/18

Sold

Brownstone

Wild Goose Walk

3,320

$600,000

09/19/18

Sold

Brownstone

Duckling Walk

3,320

$590,000

09/06/18

Available for Lease

3905 FISH POND LANE 2 BEDS | 3 BATHS | 2,234 SQ. FT.

Monthly Inventory Trends in West Broad Village Closed

Dec17-May18

June18-Aug18

Sep18-Nov18

List Price Dec17-May18

June18-Aug18

Sep18-Nov18

Previous

22

10

Current

20 (9%)

18 (Ç80%)

9

Previous

$427,475

$419,450

$409,500

8 (11%)

Current

$416,250 (2.6%) $384,225 (8.4%) $437,500 (Ç6.8%)

Active

Dec17-May18

June18-Aug18

Sep18-Nov18

List DOM

Dec17-May18

June18-Aug18

Sep18-Nov18

Previous Current

12

8

8

Previous

27

42

79

11 (8%)

9 (Ç13%)

11 (Ç38%)

Current

36 (Ç31.5%)

52 (Ç25.3%)

53 (32.9%)

Sale Price Dec17-May18

June18-Aug18

Sep18-Nov18

Sold/Ask% Dec17-May18

June18-Aug18

Sep18-Nov18

Previous

$422,500

$414,000

$409,000

Previous

98.37%

98.41%

97.97%

Current

$403,750 (4.4%) $380,725 (8.0%) $435,750 (Ç6.5%)

Current

98.47% (Ç0.1%) 98.88% (Ç0.7%)

97.70% (0.3%)

Wally Hughes and RE/MAX Commonwealth are not in any way affiliated with West Broad Village Home Owners Association, nor is this in any way an official advertisement or publication of West Broad Village. ©2018 RE/MAX All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the CVRMLS as of December 10th, 2018. Listings and sales may not be those of RE/MAX Commonwealth. The CVRMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. E&OE covered. Wally Hughes is a licensed Agent in the Commonwealth of Virginia.