If you’re thinking about selling your home, it's essential to understand the Richmond, VA, Real Estate Market.
Knowing the most important data, such as the average sales price, number of homes sold, and days on the market, will better prepare you to sell your home.
Our market report showcases everything you need about local real estate trends.
Market Update | December 2024
New Listings: 810 (+ 0.2%)
Active Listings: 1,839 (+ 0.8%)
Pending Listings: 805 (+ 9.4%)
Closed Sales: 800 (+ 5.1%)
Closed Sale-to-List Price: 99.8% (- 1.2%)
Average Sales Price: $499,829 (+ 5.1%)
Months of Supply: 1.5 (- 6.3%)
Average Days on Market: 25 (+ 31.6%)
Inventory of Homes for Sale: 1,288 (- 5.6%)
*November 2024 Statistics from CVRMLS | % Change from November 2023
