Q2 2022 MARKET REPORT ® Each office independently owned and operated.
RICHMOND METRO
TOTAL DOLLAR VOLUME
TOTAL UNITS SOLD
$2.9B
6,729
AV G D AY S O N MARKET
AV G SALE PRICE
13
$425,354
SINGLE FAMILY (year to date) Chesterfield, Hanover, Henrico & Richmond City
TOTAL UNITS SOLD
TOTAL DOLLAR VOLUME
1,352 AV G SALE PRICE
AV G D AY S O N MARKET
$343,418
13
$464M
TOWNHOUSES & CONDOS (year to date) Chesterfield, Hanover, Henrico & Richmond City
Q2 2022 GREATER RICHMOND REGION CHESTERFIELD CO
GOOCHLAND CO
HANOVER CO
2022
% diff from 2021
2022
% diff from 2021
2022
% diff from 2021
single family
units sold avg price avg days
1592 $424,988 10
-16 +13 -9
140 $644,574 15
+28 +12 -53
453 $473,302 18
-13 +17 +50
condo/ townhome
units sold avg price avg days
245 $336,999 19
+5 +18 -21
11 $522,380 7
+38 +24 -94
74 $346,398 31
+17 +19 +121
HENRICO CO
NEW KENT CO
POWHATAN CO
2022
% diff from 2021
2022
% diff from 2021
2022
% diff from 2021
single family
units sold avg price avg days
1038 $442,413 9
-6 +14 -10
142 $416,841 18
-8 -12 -5
141 $486,022 16
-3 -18 -20
condo/ townhome
units sold avg price avg days
320 $355,273 17
-14 +9 -15
20 $295,078 29
+233 +25 -59
-
-
PRINCE GEORGE CO
RICHMOND CITY
TRI-CITIES
2022
% diff from 2021
2022
% diff from 2021
2022
% diff from 2021
single family
units sold avg price avg days
104 $335,540 14
+9 +21 +40
845 $468,814 10
+2 +27 -33
337 $205,252 15
+3 +11 -
condo/ townhome
units sold avg price avg days
-
-
122 $348,550 24
-14 +19 -27
8 $205,863 39
+60 +27 +457
Photo Courtesy of Tina Morris (left & cover)
3
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ALEXANDRIA 1701 Duke Street, Suite 100 Alexandria, VA 22314 703-535-3610
ARLINGTON 2111 Wilson Boulevard, Suite 1050 Arlington, VA 22201 703-224-6000
VIENNA 144 Church Street NW Vienna, VA 22180 703-564-4000
TYSONS 8133 Leesburg Pike, Suite 800 Vienna, VA 22182 703-564-4000
MIDLOTHIAN 15871 City View Drive, Suite 120 Midlothian, VA 23113 804-858-9000