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Wally Hughes - West Broad Village - February 2019

Page 1

Wally Hughes Associate Broker, ABR, CRS, GRI, CDPE

804.513.3240

WallyHughes@gmail.com www.WestBroadVillageProperties.com www.WallyHughes.com

COMMONWEALTH

200 Westgate Pkwy, Ste #102 Richmond, VA 23233 Office: 804.360.5200

Each office independently owned and operated. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.952.4280 | ©2019

BUILD, BUY, SELL, INVEST, AND LEASE WITH WALLY

Greengate JANUARY 2018 | REAL ESTATE MARKET REPORT

Greengate Active Units # of Units 12

Beds Range 3-4

Bath Range 3.1-4.1

Avg. Est. Sq. Ft. 3,196

Avg. List Price $673,948

Avg. Price/Sq. Ft. $210,80

Avg. List Price $730,664

Avg. Price/Sq. Ft. $208.29

Greengate Pending Units # of Units 1

Beds Range 3

Bath Range 3.1

Avg. Est. Sq. Ft. 3,508

Greengate Sold Units in the Last 90 Days # of Units 13

Beds Range 3-4

Bath Range 2.2-4.1

Avg. Est. Sq. Ft. 3,311

Avg. List Price $634,144

Avg. Price/Sq. Ft. $237,61

Wally Hughes and RE/MAX Commonwealth are not in any way affiliated with Greengate Home Owners Association, nor is this in any way an official advertisement or publication of Greengate. ©2019 RE/MAX All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the CVRMLS as of January 17th, 2019. Listings and sales may not be those of RE/MAX Commonwealth. The CVRMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. E&OE covered. Wally Hughes is a licensed Agent in the Commonwealth of Virginia.

West Broad Village FEBRUARY 2018 REAL ESTATE MARKET REPORT

WELCOME TO

SHORT PUMP’S NEWEST TOWNHOUSE COMMUNITY

PREPARED ESPECIALLY FOR

JOHNATHAN AND ANGELA-MARIE WILLIAMS

Johnathan and Angela-Marie, Experience matters! Call Wally today at 804.513.3240 to help you find your Greengate home.

PRESENTED BY WALLY HUGHES YOUR WEST BROAD VILLAGE REAL ESTATE SPECIALIST


Wally Hughes Associate Broker ABR, CRS, GRI, CDPE

Let’s work as a team to buy your new home and to sell your existing home!

804.513.3240

WallyHughes@gmail.com www.WestBroadVillageProperties.com www.WallyHughes.com

WEST BROAD VILLAGE MARKET REPORT Rentals Homes Currently Active # of Units 1

Beds Range 2

Bath Range 2.2

Avg. Est. Sq. Ft. 2,234

Avg. List Price $1,950

Avg. Price/Sq. Ft. N/A

Village Homes Currently Active # of Units 4

Beds Range 2-4

WALLY’S LISTING FOR LEASE # of Units 3

Avg. Price/Sq. Ft. $198.48

Beds Range 3

Bath Range 2.1-3.0

Avg. Est. Sq. Ft. 2,234

Avg. List Price $361,617

Avg. Price/Sq. Ft. $161.87

# of Units 1

Beds Range 4

Bath Range 3.1

Avg. Est. Sq. Ft. 2,892

Avg. List Price $489,000

Avg. Price/Sq. Ft. $169.09

West Broad Village Homes Sold in the Last 3 Months For more information on any of these listings, call Wally at 804.513.3240.

West Broad Village Homes Sold in the Last 3 Months

EASY STEPS

TO SELLING YOUR HOUSE

1. DISCUSS SELLING YOUR HOUSE

8. CONGRATS, YOUR HOUSE IS SOLD!

7. PREPARE ALL PAPERWORK

2. MEET WITH WALLY

If you’ve considered selling and would like to learn more about how my seller’s guide will help you achieve your real estate goals call me today at 804.513.3240.

6. RECEIVE & NEGOTIATE OFFERS LD

Avg. List Price $390,488

Norwood Homes Currently Active

A great Fairgate in which to make your home, located in the heart of Downtown Short Pump and conveniently situated near Whole Foods Grocery, ACAC, and upscale shopping, entertainment and dining. This townhome has much to offer - a master suite with loft and two additional bedrooms, one on the 1st floor and one at the master level, a spacious kitchen with an oversized island, an eat-in kitchen, and a spacious family room. Come to take a look today and make this house your home.

SO

Avg. Est. Sq. Ft. 1,972

Fairgate Homes Currently Active

3905 FISH POND LANE 2 BEDROOMS | 2 BATHROOMS 2,234 SQUARE FEET

8

Bath Range 2.1-3.1

3. REVIEW MARKETING, PRICING & SALES STRATEGY

4. PREPARE YOUR HOUSE FOR THE SALE PROCESS

5. IMPLEMENT MARKETING

Status

Model

Street Name

Est. Sq. Ft.

Sold Price

Sold Date

Sold

Brownstone

Liesfeld Parkway

2,612

$469,900

12/03/18

Sold

Brownstone

Liesfeld Parkway

2,612

$490,000

11/08/18

Sold

Fairgate

Fish Pond Lane

2,234

$359,950

11/06/18

Sold

Fairgate

Maher Manor

2,220

$360,000

10/12/18

Sold

Fairgate

Old Brick Road

2,234

$375,000

10/12/18

Sold

Village

Village Townes Walk

2,123

$423,000

12/20/18

Sold

Village

Liesfeld Place

2,123

$402,500

10/30/18

Monthly Inventory Trends in West Broad Village Closed

Jan-Jun

Jul-Sep

Oct-Dec

List Price Jan-Jun

Jul-Sep

Oct-Dec

Previous

27

9

Current

24 (11%)

13 (Ç44%)

7

Previous

$420,000

$418,900

$419,950

7 (Ç0%)

Current

$410,000 (2.4%) $445,000 (Ç6.2%) $415,000 (1.2%)

Active

Jan-Jun

Jul-Sep

Oct-Dec

List DOM

Jan-Jun

Jul-Sep

Oct-Dec

Previous Current

12

11

5

Previous

26

43

45

11 (8%)

10 (9%)

10 (Ç120%)

Current

30 (Ç15.4%)

48 (Ç11.6%)

57 (Ç26.7%)

Sale Price Jan-Jun

Jul-Sep

Oct-Dec

Sold/Ask% Jan-Jun

Jul-Sep

Oct-Dec

Previous

$413,000

$416,500

$415,000

Previous

98.57%

97.97%

98.68%

Current

$390,000 (5.6%) $440,000 (Ç5.6%) $402,500 (3.0%)

Current

98.35% (0.2%) 98.88% (Ç0.9%)

98.00% (0.7%)

Wally Hughes and RE/MAX Commonwealth are not in any way affiliated with West Broad Village Home Owners Association, nor is this in any way an official advertisement or publication of West Broad Village. ©2019 RE/MAX All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the CVRMLS as of January 17th, 2019. Listings and sales may not be those of RE/MAX Commonwealth. The CVRMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. E&OE covered. Wally Hughes is a licensed Agent in the Commonwealth of Virginia.


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