Forest VA Real Estate Market for January 2016

By
Real Estate Agent with New Home Team 804-573-9592 VA#0225195155

Market Insider

The data on this page is consolidated from multiple sources and includes current listings, recent sales, and more. Whether you're a buyer or seller, the knowledge you gain will help put you in control of your real estate transactions.

Call or email anytime to discuss how this information can benefit you

 
Forest Market StatsPrice Trends - Sold vs. Listed

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).

By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Some sales are not immediately available from public records. As they become available, the data are updated.

 
 
Market Inventory TrendsForest Market Trends

The number of active listings in Forest (24551) dropped by 7.3% from the previous month.

The median number of days active properties have been listed is 109.

The number of sales in November dropped by 81.3% from the previous month.

 
 
Forest Property OwnershipProperty Ownership

The percent of unoccupied properties is very low in Forest (24551) . It is -9.82% below the national average.

The percent of owner occupied properties in Forest (24551) is 15.72% above the national average.

 
 
Additional Statistics for Single Family Homes and Condos in Forest, VA
$298,500
Median Listing Price
109
Median Days on Market
173
Active Listings
2.3%
Distressed Listings
(foreclosures and short sales)

Forest IncomeMedian household income in 24551 is $68,503 with 321 households earning between $35,000 to $40,000 annually.

Income levels are listed along the left side of the chart, and the number of households are displayed along the bottom.
 
 
Education: Highest Level Attained

For the zip 24551, 23.40% of the people have completed a bachelors degree as their highest education level.

 
 
forest crime riskCrime Risk

The Crime Risk Index compares the likelihood of different crimes happening within this community to the national average.

The national average for each type of crime equals a score of 100.

A score of 200 would represent twice the risk as the national average, and a score of 50 would represent half the risk.

 
 

The Witt Fogleman Team wouyld be hapoy to explain these numbers and what they mean to you as a home buyer or seller in Forest VA.

 

Posted by

 

Scott Fogleman


Real Estae In Richmond

New Home Team

Lynchburg Luxury Homes

804-573-9592

scott@scottfogleman.com

New Home Team

For new Homes or homes new to you!

 

Keller WilliamsRichmond, Lynchburg, Roanoke VA

Scott Fogleman is a Realtor serving Richmond VA, Lynchburg, VA, Roanoke,VA, and Smith Mountain Lake, VA. He is licensed in the state of Virginia.

Keller Williams

 

 

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Rainmaker
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Kristin Johnston - REALTOR®
RE/MAX Realty Center - Waukesha, WI
Giving Back With Each Home Sold!

Great market report...I like the use of the graphs...very easy to read!

Jan 11, 2016 10:40 PM #1
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