Hanover County, Va Homes Sales by Subdivision-July 2010

There are currently 866 homes for sale in Hanover County, Va.  The average listing price for homes for sale in Hanover County, VA was $351,162 for July. The average price of homes sold in July was $269,746, a 2.7% decrease from June. The average Days-on-Market (DOM) was 108 days. There were 51 homes sold in the month of July.

There are currently 21 foreclosure properties for sale in Hanover County, Va. Click here to see a list of all foreclosure homes for sale in Hanover County, VA.

Average List Price               $351,162                                 Average Sold Price            $268,746

Homes for sale                    866                                         Homes Sold                         51

Average DOM                      108                                          Sales Price/Sq Feet            $116.89

Least Expensive Home        $59,900                          Most Expensive Home       $4,495,000

FEATURED LISTING IN HANOVER COUNTY

$149,950

Four Beds

Two Full Baths

1296 Sq Ft

1.94 Acres

Hanover County average home sale prices declined steadily since the beginning of 2008 as showing in the graph below.  However average prices have moderated in recent months as average prices moved across the trend line...a positive sign for the months to come. In June we saw the average price decrease slightly over May averages but we still held solid above the trendline.  The chart below shows a bottoming of prices in Hanover County throughout 2009 with some sideways price trending so far in 2010. 

Just as important and possibly an even better guage of the health of the local real estate market is the average price per square foot. In the chart below you can see the obvious decline in sold price per square foot since January 2008  for homes for sale in Hanover County, VA. But price per square foot surged in April to averages unseen since January 2009. This is an extremely encouraging sign but was likely influenced by the expiration of the federal Homebuyer Tax Credit on April 30. Prices since have moderated to recent averages.

Sales Data by Most Popular Zipcode

Below is a breakdown of real estate homes sales in Hanover County, Virginia for the month broken down by subdivision. Just click on the link to your subdivision for the complete list of homes available for sale in that neighborhood. 

For a complete list of homes for sale in Hanover County, VA please call or Click here, to visit my website.

If you are interested in selling your home for top dollar in the quickest amount of time, please contact me anytime at 804-503-0811 or Click here to send me an e-mail requesting further information.