RVA Market Report | May 2024

RVA Market Report | May 2024

  • Providence Hill Real Estate

If you’re thinking about selling your home, it's essential to have a good understanding of what’s going on in 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.


New Listings: 1,248 

Active Listings: 2,548

Pending Listings: 1,110

Closed Sales: 899

Closed Sale-to-List Price: 102.4%

Average Sales Price: $495,821

Months of Supply: 1.3

Average Days on Market: 22

Inventory of Homes for Sale: 1,093


*April 2024 Statistics from CVRMLS | % Change from April 2023


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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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