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Wally Hughes - West Broad Village - June 2018

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West Broad Village

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

804.513.3240

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

Real Estate Market Report | June 2018

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

COMMONWEALTH

Each office Independently owned and operated.

ACTIVE

Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.254.9619| ©2018

210 Geese Landing

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

JOIN WALLY IN HELPING THE CHILDREN’S MIRACLE NETWORK

4 Beds, 3.1 Baths 2,904 Est. Sq. Ft.

AND LET HIM HELP YOU PLAN YOUR WEST BROAD VILLAGE HOME SALE

You can help kids like

Maya, 12 at

LemonAid weekend is

July 20-22

1 - Sign Up Online It takes just 5 minutes

/

Register your stand at

AnthemLemonAid.com

2 - Supplies Are Provided Participation is completely free

3 - Set Up A Stand

The location is up to you

4 - Help Local Kids

100% of funds stay in our community to help kids fighting cancer

Stir up a cure at AnthemLemonAid.com You can set up a stand at any one of our partner retail sites: PRESENTED BY WALLY HUGHES Special thanks to our sponsors:

100% of proceeds benefit:

YOUR WEST BROAD VILLAGE REAL ESTATE SPECIALIST

PREPARED ESPECIALLY FOR Anthem Health Plans of Virginia, Inc. trades as Anthem Blue Cross and Blue Shield in Virginia, and its service area is all of Virginia except for the City of Fairfax, the Town of Vienna, and the area east of State Route 123. Independent licensee of the Blue Cross and Blue Shield Association. ANTHEM is a registered trademark of the Anthem Insurance Companies, Inc. The Blue Cross and Blue Shield names and symbols are registered marks of the Blue Cross and Blue Shield Association.

Johnathan and Angela-Marie Williams


WEST BROAD VILLAGE MARKET REPORT

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

Brownstones Homes Currently Active Beds Range 3-4

Bath Range 3.1 - 4.1

Avg. List Price $579,725

Avg. Price/Sq. Ft. $182.13

Village Homes Currently Active Beds Range 3

Bath Range 3.1

FEATURED WEST BROAD VILLAGE LISTINGS!

Avg. Est. Sq. Ft. 1,956

Avg. List Price $372,950

Avg. Price/Sq. Ft. $190.67

Fairgate Homes Currently Active

LISTED BY WALLY HUGHES

UNDER CONTRACT

Avg. Est. Sq. Ft. 3,187

Beds Range 3-4

Bath Range 2.1 - 3.1

LEASED

Avg. Est. Sq. Ft. 2,234

Avg. List Price $396,000

Avg. Price/Sq. Ft. $177.26

Norwood Homes Currently Active Beds Range 3-4

Bath Range 3.1

Avg. Est. Sq. Ft. 2,898

Avg. List Price $469,500

Avg. Price/Sq. Ft. $162.00

West Broad Village Currently has 14 Homes Pending For more information on any of these listings, call Wally at 804.513.3240. West Broad Village Sold in Last 3 Months

228 GEESE LANDING 3 Bedrooms | 3.1 Bathrooms 2,220 Est. Square Feet

3 8 1 9 BAR N OW L L AN E 3 Bedrooms, 4.1 Bathrooms 2,952 Estimated Square Feet

For additional pictures, details, and pricing, visit my website at www.WestBroadVillageProperties.com or call me at 804.513.3240.

WHAT IS YOUR HOME WORTH IN TODAY’S MARKET? Johnathan and Angela-Marie, Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Wally Hughes, your West Broad Village real estate specialist.

FIND OUT THE TRUE VALUE OF YOUR HOME AT:

WestBroadVillageProperties.com

Status

Model

Street Name

Est. Sq. Ft.

Sold Price Price

Sold Date

Sold

Norwood

Liesfeld Parkway

2,904

$465,000

03/20/18

Sold

Fairgate

Fish Pond Lane

2,234

$352,500

03/23/18

Sold

Fairgate

Pumpkin Seed Lane

2,234

$370,000

04/12/18

Sold

Village

Redbud Road

1,956

$380,000

04/12/18

Sold

Brownstone

Barnyard Trail

2,952

$545,000

04/16/18

Sold

Fairgate

Geese Landing

2,220

$359,000

04/19/18

Sold

Village

Liesfeld Parkway

1,868

$354,500

04/27/18

Sold

Norwood

Old Brick Road

2,904

$474,000

04/30/18

Sold

Fairgate

Pumpkin Seed Lane

2,234

$349,950

05/04/18

Sold

Brownstone

Village Commons Walk

3,462

$565,000

05/14/18

Sold

Village

Perch Lane

1,956

$400,000

05/16/18

Sold

Fairgate

Pumpkin Seed Lane

2,234

$355,000

05/25/18

Sold

Fairgate

Geese Landing

2,220

$354,940

06/07/18

Monthly Inventory Trends in West Broad Village Closed

Jun17-Nov17

Dec17-Feb18

Mar18-May18

List Price

Jun17-Nov17

Dec17-Feb18

Mar18-May18

Previous Current

18 19 (Ç6%)

10 8 (20%)

12 12 (Ç0%)

Previous Current

427,475 418,900 (2.0%)

444,950 424,950 (4.5%)

402,475 387,500 (3.7%)

Active

Jun17-Nov17

Dec17-Feb18

Mar18-May18

List DOM

Apr17-Sep17

Dec17-Feb18

Mar18-May18

Previous Current

13 8 (38%)

5 8 (Ç60%)

12 9 (25%)

Previous Current

63 58 (7.9%)

29 33 (Ç13.8%)

26 35 (Ç32.7%)

Sale Price

Jun17-Nov17

Dec17-Feb18

Mar18-May18

Sold/Ask%

Apr17-Sep17

Dec17-Feb18

Mar18-May18

Previous Current

415,000 413,000 (0.5%)

436,500 420,000 (3.8%)

403,975 375,000 (7.2%)

Previous Current

98.49% 98.22% (0.3%)

98.74% 98.60% (0.1%)

98.13% 98.10% (0.0%)

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. ©2018 RE/MAX All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the CVRMLS as of June 12th, 2018. Listings and sales may not be those of RE/MAX Commonwealth. Neither the CVRMLS, or National Association of Realtors® 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. Wally Hughes is a licensed Agent in the Commonwealth of Virginia.


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