Home for sale in Powhatan County

Number of Homes sold in Powhatan County
There was  an increase in total units sold in December, with 31 sold this month in Powhatan County versus 28 last month, an increase of 11%. This month's total units sold was higher than at this time last year, an increase of 29% versus December 2010. 
 
Amount of Homes listed for sale in Powhatan County
Versus last year, the total number of homes available this month is lower by 28 units or 12%. The total number of active inventory this December was 203 compared to 231 in December 2010. This month's total of 203 is lower than the previous month's total supply of available inventory of 231, a decrease of 12%.

Median Sale Price Of Homes Sold in Powhatan County
Last December, the median sale price for Powhatan County Homes was $230,950. This December, the median sale price was $219,950, a decrease of 5% or $11,000 compared to last year. The current median sold price is 2% lower than in November. 

New Listings & Current Contracts 
This month there were 29 homes newly listed for sale in Powhatan County compared to 37 in December 2010, a decrease of 22%. There were 22 current contracts pending sale this December compared to 20 a year ago. The number of current contracts is 10% higher than last December.
 
Days On Market 
In December, the average sale price in Powhatan County was 98.4% of the average list price, which is 1.1% higher than at this time last year. This month, the average number of days on market was 82, lower than the average last year, which was 97, a decrease of 15%.

So what does all this mean to you, someone looking to buy or sell a home in Powhatan County?  It means that you have a better chance of selling your home this year versus last, but you can expect to sell it for a lower price than you might have been able to get last year.  If you are looking to buy a home in Powhatan County, you can expect to get a great deal on a home, but there are less homes to choose from this year than there were last.  

My husband and I just got our new tax statement for our Powhatan County home.  The tax value had gone down significantly since last year.   If you would like to know what you could reasonably expect to get for your home in Powhatan County, please feel free to contact me.  I'd be happy to discuss what your home could sell for and what we could do that would help your home to sell for the most possible.


I hope you have enjoyed my blog.  If you are looking to buy or sell a home, please call me, I would love to help you.    

Click here if you would like to subscribe to my blog:

Subscribe to Wendy's Richmond, Chesterfield and Powhatan Real Estate Blog by Email

 

Wendy Hayden

Photos that Sell Houses

Photos that Sell Houses

Staging that makes them Beautiful

 

Subscribe to Wendy's Richmond, Chesterfield and Powhatan Real Estate Blog by Email

 

 
This post has been included in Virginia Real Estate News Powhatan County, VA Real Estate News
Post is included in group: Advice for Buyers
Post is included in group: Advice for Sellers
Post is included in group: Central Virginia Real Estate Information
Post is included in group: Local Expert
Post is included in group: Richmond VA Area Real Estate

0 Comments on Powhatan County Virginia Market Report January 2012
What does the graphic say?
Leave a response…

(optional)
Spam Prevention:
 
Sean's%20camera%20july%202011-93 Rainmaker_large

Wendy Hayden Chesterfield, Richmond & Powahatan

Richmond, VA

More about me…

Photographer, Home Stager, ePRO

Address: Powhatan, Chesterfield, Midlothian, Chester, Goochland, Amelia, Cumberland, ePro

Cell Phone: (804) 937-0247

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog