Here are some informative bar and data charts for 23220, which often is popularly considered the Fan District. However, there also are other smaller adjacent neighborhoods having that same zip code. The Fan area is considered a very pedestrian friendly area for people who enjoy proximity to local restaurants, museums, local shops in nearby Carytown and other cultural attractions.
All charts below are generated via the Central Virginia Regional Multiple Listing Service, or CVR MLS. By using a number of criteria choices for attached and detached single family homes in 23220, the user can generate specific charts developed by CoreLogic.
Above is 12-month bar graph of single family home original prices and median sale prices.
The data shown above for the last 12 months is used to construct the bar graph above it.
Notice in the data chart above how the median home sale price for the last 12 months was highest in June and lowest in November. What does that tell you about when to buy or sell a home in the Fan area?
The above shows an interesting comparison of price per square foot and new listings for 23220.
The 12 months of data shown above is used to construct the bar graph immediately above it.
In the data immediately above see how the largest number of new listings for the last 12 months occurred last May. Also, the middle column shows a list price by square foot of living space ratio. It appears that the least expensive month in the last 12 months to purchase a home based on price per square foot would be last November. However, notice how the highest price per square foot so far in the last 12 months is the current month of February, and tomorrow is the last day of this month!
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Are you looking to buy or sell a home in the Fan District or elsewhere in the Richmond Virginia area? Call me today, and let's start putting a plan together that works best for you!
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