Home Sales in Aug in Richmond VA


Statistical Profile

 

 

Aug, 08

¹Interest Rates

 

0 + 0

6.250

1 + 0

6.000

Unemployment Rates

 

*Richmond Metro

5.0%

**Virginia

4.6%

**US

6.1%

²Foreclosure Rates

 

5Richmond Metro

N/A

Virginia

1 in 607

US

1 in 416

³Avg. SF Sales Price

 

³Richmond Metro

$279,039*****

4Virginia

N/A

5US

N/A

³Avg. Twnhm/Condo Sales Price

$169,102

³SF Units Sold (Rich. Metro)

1072

³Twnhm/Condo Units Sold

127

³Avg. SF LP/SP Ratio %

96.3%

³Avg. Twnhm/Condo LP/SP Ratio %

96.6%

³SF New Listings on Mkt (Rich. Metro)

2536

³Twnhm/Condo New Listings on Mkt (Rich. Metro)

290

*****includes 1 sale of $7,250,000 SP

 

****includes 1 sale of $14,600,000 SP

 

***includes 2 sales over $4 Million SP

 

Sources:

 

¹Prosperity Mortgage – note: estimated averages only

²RealtyTrac

 

³CVRMLS

 

*Virginia Employment Commission

 

**US Dept. of Labor Statistics

 

²Office of Federal Housing Enterprise Oversight

 

4VAR

 

5NAR

 

Note:  N/A = Not Available

 

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