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Focus On: Chesterfield County, Virginia
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Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact oneof Long & Foster’s knowledgeable and experienced sales associates.Information included in this report is based on data supplied by Terradatum, CVR, and its member Association(s) of REALTORS, who are notresponsible for its accuracy. Does not reflect all activity in the marketplace. “Information contained in this report is deemed reliable but notguaranteed, should be independently verified, and does not constitute an opinion of CVR or Long & Foster Real Estate, Inc.."
Including:
March, 2010
Last March, the median sale price in Chesterfield County was$185,000. This March, the median sale price was $181,000, adecrease of 2% or $4,000 compared to last year. The currentmedian sold price is 3% higher than in February.
Units SoldActive InventoryMedian Sale Price
Median sale price is the middle sale price in a given month. The samenumber of properties are above & below the median.
Up 1%Up 10%Down -2%Down -7%
Vs. Year AgoVs. Year AgoVs. Year AgoVs. Year Ago
Units SoldActive InventoryMedian Sale PriceDays On Market
76$181,0003,824315
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100
200
300
400
500
600
J
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08 M
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08 S
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08 J
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09 M
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10100,000
120,000
140,000
160,000
180,000
200,000
220,000
240,000
J
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08 M
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08 S
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08 J
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09 M
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09 S
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10
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20
40
60
80
100
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08 M
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08 S
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08 J
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09 M
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09 J
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101,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
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08 M
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08 S
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08 J
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09 M
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09 S
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09 J
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10
-50100150200250300350400450500
Units Sold*
Sold DetachedSold AttachedSold Condo/ Coop
-5001,0001,5002,0002,5003,0003,5004,0004,5005,000
Active Inventory*
Active DetachedActive AttachedActive Condo/ Coop
Mar-09$185,000Mar-10$181,000
100,000110,000120,000130,000140,000150,000160,000170,000180,000190,000
Median Sale Price
There was an increase in total units sold in March, with 315sold this month in Chesterfield County versus 248 last month,an increase of 27%. This month's total units sold was higherthan at this time last year, an increase of 1% versus March,2009. The current month's total is lower than the twelvemonth average of 374.Versus last year, the total number of homes available thismonth is higher by 349 units or 10%. The total number of active inventory this March was 3,824 compared to 3,475 inMarch, 2009. This month's total of 3,824 is higher than theprevious month's total supply of available inventory of 3,537,an increase of 8%.
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