Richmond Market Update - February 2022

Richmond Market Update - February 2022

  • Caleb Boyer
With record low inventory and increasing prices, if you’re thinking about selling your home, having a good understanding of what’s going on in our local market is vital.
 
Being aware of the data such as the average sales price, the number of homes sold, and average days on market will better arm you with the knowledge you need to make an informed decision about listing your home.
 
Our February market report showcases everything you need to know about local real estate trends.
 

February Richmond Market Report

If you’re thinking about selling your home, it's important to have a good understanding of what’s going on in the Richmond market.
 
Knowing the most important data such as the average sales price, the number of homes sold, and days on market will better prepare you to sell your home.
 
Our February market report showcases everything you need to know about local real estate trends.
 

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  • $378,330 Average Sales Price
  • 0.5 Months of Supply
  • 7 Median Days on Market
  • $188 Average Price per Square Foot
  • Homes Sold 102.4% Sale-to-List Price
  • 1,137 New Listings
  • 794 Active Listings
  • 1,134 Under Contract
  • 1,023 Closed Sales

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Providence Hill Real Estate are dedicated to helping you find your dream home and assisting with any selling needs you may have. Contact us today to start your home searching journey!

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