Market Snapshots
Having your finger on the real estate market’s pulse is the first step in making any informed, confident decision. Lucky for you, that’s my job not yours, but I still recommend staying as informed as possible. There’s a ton of info out there and it’s not always easy to sort through it all.
I’ve got the solution! To keep you informed, I provide bite-sized market snapshots to give you a quick sense of where the market stands. You can find those here and get them straight to your inbox every month by subscribing below!
(Market statistics are reflective of the whole Central Virginia Regional MLS. Days on Market and Sales Price are median values.)
Market Snapshot: November 2020
In a year when nothing is typical or ordinary, the RVA real estate market is following suit. Houses selling in an average of 6 days in November in a pandemic?!…
Market Snapshot: October 2020
Back in March and April, when the then-new pandemic slowed the market momentarily, we predicted we’d see the spring market in the fall this year. Here we see the numbers…
Market Snapshot: September 2020
We’re starting to see the pandemic-effect on our monthly numbers, with activity we would usually see in the spring showing up in August and September. Home sales were up 20%…
Market Snapshot: August 2020
We could speculate for days about why the real estate market is on fire in the Richmond area in the middle of a pandemic, but I don’t know that we’d find…
Market Snapshot: July 2020
And the trend continues. Even throughout COVID-19 and all of the extraordinary ways it is impacting our day-to-day lives. Almost two hundred more homes sold in the Richmond area in…
Market Snapshot: June 2020
We saw less homes sold in June this year than last year, but certainly not for a lack of buyers. We’re still laboring under a severe shortage of inventory in…
Market Snapshot: May 2020
May’s stats clearly reflect the impact COVID-19 and sheltering in place had on the real estate market in RVA. With the typical 45-60 day closing period, May’s numbers show a…
Market Snapshot: April 2020
Here’s the headline: SUMMER IS THE NEW SPRING. I think it’s safe to say that back in March everyone feared a fast and furious plummet in the real estate market. It…
Market Snapshot: March 2020
Interesting times. Never has the word unprecedented been so perfectly accurate. And though the entire world has (literally) shut down, real estate in Richmond has not. It has certainly slowed,…
Market Snapshot: February 2020
These stats are through the month of February, and what an entirely different world we live in now. February sales figures and prices were just as strong as they’ve been for…
Market Snapshot: January 2020
January is typically when we catch our breath, make business plans for the new year, and start meeting with buyers and sellers who are planning to enter the market in…
Market Snapshot: December 2019
December felt like September, in more ways than just the weather! We were BUSY here in the RVA market. No doubt the attractive interest rates had something to do with…