🏡 Henrico County Real Estate Market Update – October 2025

Hey friends! 👋 Here’s a quick look at what’s been happening in our local housing market this past month — and it’s an interesting mix!

📈 Prices are still climbing — the average sales price in Henrico is up 3.8% compared to last year. 💰

🏘️ New listings are down just a bit (-3%), but there are actually 7% more homes on the market than last year — giving buyers a few more options to choose from.

📅 Homes are taking a little longer to sell, with days on market up over 15%, and months’ supply up about 5%, showing a touch more balance in the market.

💼 Buyer activity is strong, though! Homes going under contract jumped nearly 17%, even though closings dipped slightly.

👀 Each listing is getting about 4% fewer showings, but here’s the good news for sellers — they’re still getting very close to their asking prices!

Overall, Henrico’s market is showing signs of steady growth and a healthy pace — not too hot, not too cold. Perfect time to make your move if you’ve been thinking about it!

🏙️ Richmond Real Estate Market Update – October 2025

Hey Richmond friends! 👋 The fall market is in full swing, and we’re seeing some interesting shifts around the city. Here’s a quick snapshot of what’s happening:

💵 Average home prices dipped just over 2% compared to last year — a small correction that gives buyers a little more breathing room.

🏡 New listings are up 6.5% and the number of homes on the market rose 13%, meaning there are more choices out there for those looking to make a move!

📉 Homes going under contract slipped just under 1%, but closings jumped 15% — showing that deals are still getting done and buyers are finding homes they love.

⏳ Days on market increased nearly 23%, and months’ supply rose 15%, signaling a shift toward a more balanced, less frenzied market.

👀 On average, listings are seeing about 13% fewer showings, and sellers are getting slightly less than their asking price — another sign that pricing and presentation matter more than ever.

Overall, Richmond’s market is adjusting — with more inventory and slightly softer prices, it’s a great time for buyers to explore their options, while sellers can still make strong moves with the right strategy.

🏡 Chesterfield County Real Estate Market Update – October 2025

Hey Chesterfield friends! 👋 Let’s take a quick look at how our local housing market shaped up compared to this time last year — there’s a lot to unpack!

💰 Home prices are still on the rise! The average sales price climbed nearly 4% since last October. 🎉

📉 New listings are down almost 3%, so there are a few fewer homes hitting the market… but that hasn’t slowed down buyers!

📈 Homes going under contract jumped nearly 17% — a strong sign that buyer demand is still alive and well in Chesterfield.

✅ Closings dipped slightly (down just 0.4%), showing steady activity as we head toward the end of the year.

⏱️ Homes are selling faster, with days on market down more than 15% compared to last year — great news for sellers!

👀 While listings are getting about 4% fewer showings, sellers are still getting their asking prices (though not typically over asking like we saw in those ultra-competitive years).

All in all, Chesterfield’s market is showing healthy balance — solid prices, strong buyer activity, and homes continuing to move at a good pace.

🌳 Hanover County Real Estate Market Update – October 2025 🌳

Hey Hanover friends! 👋 Let’s take a quick look at how our local real estate market performed compared to this time last year — it’s been a year of steady shifts and subtle balance.

💵 Home prices are on the rise! The average sales price is up just over 6% from last October — great news for homeowners and sellers.

🏡 However, new listings dropped nearly 10%, meaning there are fewer homes hitting the market — a continued sign of tight inventory.

📉 Pending sales were down about 8%, but closed sales actually rose almost 4%, showing that while fewer contracts were written, more deals are making it to the finish line.

⏳ Days on market increased slightly (up nearly 3%), suggesting homes are taking just a bit longer to sell compared to last year.

💬 Sellers are still getting what they’re asking for, though we’re seeing fewer bidding wars and fewer homes selling above list price.

👀 Showings per listing continue to trend down, which means buyers are being a little more selective — pricing and presentation are more important than ever!

Overall, Hanover’s market remains strong and stable — with rising prices and steady activity despite lower inventory. Whether you’re thinking about buying or selling, strategy matters more than ever in today’s shifting market.

📲 Curious what your home might be worth or what opportunities are out there? Let’s connect! Thinking about buying or selling before the new year? Let’s chat about how these trends could work in your favor! 📲