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Michelle Rosman

Richmond Realtor

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Home » Market Snapshot: November 2021

Market Snapshot: November 2021

When I look back at the graphs for the last several months there has been a clear leveling out. Median prices have hovered between $320-325k, whereas there had been a steep incline since early 2020 prior to that. The number of homes sold have remained higher than usual during the fall months, with just a slight decline from the summer activity. Most notably, and once again highlighting our shortage of inventory compared to demand, Days on Market has remained in the narrow range of 5 to 7 days for the entire year! This is exactly what we want to see: a steady calming of the hysteria with no steep drops. If you’re thinking of making a move in 2022, it’s never too early to start strategizing. Let’s chat!


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Michelle Rosman works at One South Realty Group and is licensed in the Commonwealth of Virginia, #0225233120 Michelle Rosman agrees to provide equal professional service without regard to the race, religion, sex, handicap, familial status, national origin or sexual orientation of any perspective client, customer, or of the residents of any community. Any request from a home seller, landlord, or buyer to act in a discriminatory manner will not be fulfilled.

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