Real Estate Blog - Richmond City Monthly Activity Report: 03

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Richmond City Monthly Activity Report: 03 - 2008

Monthly Activity Report: 3 -2008 122 homes and 33 Condo/Townhouse have sold during the month of March with average price $212,799 for single family home, $225,355 for Condo/Townhouse. The average sale price of these homes were 5% less than asking price. On average, these homes took 50 days to sell.
This data was provided from the Richmondarea MLS.

Property Type: Single Family

Area	New	Avg LP	Under Contract	Avg LP	Sold	Avg SP	%SP/LP	Avg DOM
10	174	$279,661	57	$244,149	42	$223,486	95.96%	59
20	77	$512,905	34	$612,251	12	$318,933	97.41%	36
30	104	$157,964	27	$149,970	23	$156,608	90.41%	60
50	127	$133,059	39	$115,874	12	$120,879	94.20%	44
60	91	$254,060	61	$230,074	33	$244,093	98.42%	55
	573	$267,529	218	$270,463	122	$212,799	95.28%	50

Property Type: Condo/Townhouse

Area	New	Avg LP	Under Contract	Avg LP	Sold	Avg SP	%SP/LP	Avg DOM
10	63	$262,552	27	$227,600	30	$239,371	87.86%	91
20	8	$275,287	3	$189,966	2	$182,475	98.92%	48
30	2	$95,700	1	$125,000	0	$0	0.00%	0
50	0	$0	0	$0	0	$0	0.00%	0
60	19	$191,404	5	$197,946	1	$254,220	101.69%	9
	92	$206,235	36	$185,128	33	$225,355	96.15%	49

For additional local real estate information, information about me and my services, to request home listings by E-Mail, to request a market analysis on your current home, or to tour the MLS Listings please visit my web sites at http://www.richmondvahomes4sale.com/ or http://www.e-richmondhomes.com/.

Posted by Mohamed Mekhimar - Accredited Buyers Rep , E-Pro - Richmond Virginia Real Estate on 04/05/2008 08:12 PM

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Real Estate Agent: Mohamed Mekhimar - Accredited Buyers Rep , E-Pro - Richmond Virginia Real Estate (RE/MAX Commonwealth)

Mohamed Mekhimar - Accredited Buyers Rep , E-Pro - Richmond Virginia Real Estate
Richmond, VA
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RE/MAX Commonwealth

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