January 2018 Housing Market Report [INFOGRAPHIC]

    Housing statistics for the Richmond metro area are out for January and they support what we have been saying for the past couple of quarters. Market supply is tight, driving up the average cost of homes sold in this area. The average sale price rose from $251,977 in 2017 to $271,006 for 2018. The total number of condos sold compared to the previous year is down 19% due to tight market conditions. Supply and Demand – there is a tight supply for all housing currently. This should ease a bit as we move into the spring market.

    Raal Estate Market Report YTD JAN 2018 Infographic

    What’s the value of your home? Click here to find out now!


    Trackback from your site.

    Leave a Reply

    About our blog

    Our agents write often to give you the latest insights on owning a home or property in the Central Virginia area.


    April Lane is one of the best realtors we have ever had the pleasure of working with on the sale of our home. She handled everything from start to finish in a responsible manner. She has the knowledge from the sellers point of view as well as the buyers point of view. A caring, friendly realtor ready to lend a hand in any way she can to CLOSE the Deal! Highly recommend her and her firm!
    Pat & Bob (Seller)