West Broad Village
Wally Hughes Associate Broker, ABR, CRS, GRI, CDPE
804.513.3240
WallyHughes@gmail.com www.WestBroadVillageProperties.com www.WallyHughes.com
COMMONWEALTH
Real Estate Market Report | May 2018
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 | 858.254.9619| ©2018
BUILD, BUY, SELL, INVEST, AND LEASE WITH WALLY
Ice Cream Social Compliments of Happy New Beginnings, Hughes & PrimeLending, The McLane Team
Thursday, June 7, 2018 6:00 - 8:00 pm 200 Westgate Parkway Richmond, VA 23233 Join in on the Fun and Enter Our Raffle to Win Learn How You Can Become One of Our Happy Homeowners Meet Our Teams Best of All...The Event is Free!
PRESENTED BY WALLY HUGHES YOUR WEST BROAD VILLAGE REAL ESTATE SPECIALIST
PREPARED ESPECIALLY FOR
Johnathan and Angela-Marie Williams
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 Brownstones Homes Currently Active Beds Range 3-4
Bath Range 3.1 - 4.1
Avg. Est. Sq. Ft. 3,013
Avg. List Price $581,725
Avg. Price/Sq. Ft. $193.03
Village Homes Currently Active Beds Range 3
FEATURED WEST BROAD VILLAGE LISTINGS!
Avg. Est. Sq. Ft. 1,946
Avg. List Price $379,950
Avg. Price/Sq. Ft. $195.25
Fairgate Homes Currently Active
LISTED BY WALLY HUGHES
A CTI V E
Bath Range 3.1
Beds Range 3
A CT IVE
Bath Range 3.1
Avg. Est. Sq. Ft. 2,128
Avg. List Price $383,788
Avg. Price/Sq. Ft. $180.16
Norwood Homes Currently Active Beds Range 3-4
Bath Range 3.1
Avg. Est. Sq. Ft. 2,892
Avg. List Price $435,000
Avg. Price/Sq. Ft. $150.41
West Broad Village Currently has 9 Homes Pending For more information on any of these listings, call Wally at 804.513.3240. West Broad Village Sold in Last 3 Months
210 GEESE LANDING
2424 L I E S FE L D P ARKW A Y
3 Beds, 2.1 Baths | 2,904 Est. Sq. Ft.
4 Beds, 4.1 Baths | 2,828 Est. Sq. Ft.
S OLD FO R 100% OF LIS T PR ICE
S O L D F O R 9 7 % O F L IS T P R ICE
Status
Model
Street Name
Est. Sq. Ft.
Sold Price Price
Sold Date
Sold
Village
Brownstone Boulevard
2,246
$425,000
02/28/18
Sold
Fairgate
Fish Pond Lane
2,234
$352,500
03/23/18
Sold
Brownstone
Barnyard Trail
2,952
$545,000
04/16/18
Sold
Fairgate
Geese Landing
2,220
$359,000
04/19/18
Sold
Norwood
Liesfield Parkway
2,904
$465,000
03/20/18
Sold
Fairgate
Pumpkin Seed Lane
2,234
$370,000
04/12/18
Sold
Village
Redbud Road
1,956
$380,000
04/12/18
Sold
Village
Liesfield Parkway
1,868
$345,000
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
Monthly Inventory Trends in West Broad Village
3902 PUMPKIN SEED LANE 3 Beds, 2.1 Baths | 2,234 Est. Sq. Ft.
2534 L I E S FE L D P ARKWA Y 3 Beds, 2.1 Baths | 1,868 Est. Sq. Ft.
Dear Johnathan and Angela-Marie, For additional pictures, details, and pricing, visit my website at www.WestBroadVillageProperties.com or call me at 804.513.3240. Planning a sale is key to success. Let’s work on your plan when the time is right.
Closed
Apr17-Sep17
Oct17-Dec17
Jan18-Mar18
List Price Apr17-Sep17
Oct17-Dec17
Jan18-Mar18
Previous
21
7
16
Previous
425,000
448,000
411,500
Current
20 (5%)
7 (Ç0%)
6 (63%)
Current
414,000 (0.2%) 415,000 (7.4%)
Active
Apr17-Sep17
Oct17-Dec17
Jan18-Mar18
List DOM
Apr17-Sep17
Oct17-Dec17
Jan18-Mar18
Previous
12
7
8
Previous
52
76
22
Current
11 (8%)
5 (29%)
11 (Ç38%)
Current
38 (26.9%)
45 (40.8%)
22 (Ç2.3%) Jan18-Mar18
Sale Price Apr17-Sep17
Oct17-Dec17
Jan18-Mar18
Sold/Ask% Apr17-Sep17
Oct17-Dec17
Previous
415,000
448,000
411,500
Previous
98.61%
97.39%
Current
414,000 (0.2%) 415,000 (7.4%)
445,000 (Ç8.1%)
Current
98.10% (.05%) 98.68% (Ç1.3%)
445,000 (Ç8.1%)
98.82% 98.23% (0.6%)
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 May 7th, 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.