Boy, has it been a month since I posted? Sorry, been busy. I feel like I have to sell every home twice these days. I don’t know about other agents, but transactions are coming apart over the smallest, and frankly, the stupidest things. Buyers are definitely driving the bus, but they shouldn’t be driving over the pedestrians on the sidewalks. I’ll soapbox more about this in subsequent posts, but for now here’s the sales activity for August.

For the 22 single family homes sold in

Fan & Museum District of the City of Richmond

(Fox and John B. Cary School Districts)

Average Sales Price in August $ 344,359

Median Sales Price ……………   $ 323,500

Sales Price/List Price Ratio …….. 95.4 %

Days on Market …………………….. 52

Average Size 3 bedrooms 2.5 baths of 1,902 sq ft

Average $ per square foot ……….$ 181.05

 

For the 45 homes sold in West End of the City of Richmond

(Zips 23221, 23226 and 23230)

Average Sales Price in August  $ 565,805

Median Price ………………………  $ 425,000

Sales Price/List Price Ratio ……. 96.4 %

Days on Market ……………………. 56

Average Size 3 bedrooms, 2.5 baths of 2,586 sq ft

Average $ per square foot……..   $ 218.80

 

For the 92 single family homes sold in West End of Henrico County

(Zips 23226, 23229, 23233, 23238)

Average Sales Price in August  $ 367,670

Median Sales Price ……………    $ 274,000

Sales Price/List Price Ratio ……….  95.1 %

Days on Market …………………….    92

Average Size 4 bedrooms 2.5 baths of 2,526 sq ft

Average $ per square foot ………. $ 145.55

 

For the 123 single family homes sold in Chesterfield

(Zips 23831, 23832, 23834, 23836, and 23838)

Average Sales Price for August  $ 271, 726

Median Sales Price …………… $ 253,000

Sales Price/List Price Ratio ……..  97.07 %

Average Days on Market……………. 71

Average Size 4 bedroom, 2.5 baths of 2,349 square ft

Average $ per square foot ………..$ 115.68

 

For the 57 single family homes sold in Glen Allen

(Zips 23059 and 23060)

Average Sales Price for August $ 343, 797

Median Sales Price………………  $ 293,000

Sales Price/List Price Ratio ………  96.2 %

Average Days on Market ………….   63

Average Size 4 bedrooms, 2.5 baths of 2,526 sq ft

Average $ per square foot……… $ 136.10

 

For the 54 single family homes sold in Mechanicsville

(Zips 23111 and 23116)

Average Sales Price for August $ 284,122

Median Price ……………………     $ 252,500

Sales Price/List Price Ratio ……… 97.2 %

Average Days on Market ………….. 64

Average Size 4 bedrooms, 2.5 baths 2,214 sq ft

Average $ per square foot ……….. $ 128.33

 

For 109 single family homes sold in Midlothian

(Zips 23112, 23113, and 23114)

Average Sales Price for August $ 325,726

Median Price ……………………..   $ 295,000

Sales Price List Price Ratio …….    96.6 %

Average Days on Market …………..  70

Average Size 4 bedrooms, 2.5 baths of 2,529 sq ft

Average $ per square foot……….. $ 128.80