04/19/2025
March 2025 Central Virginia Market Update, What It Means for You!
If you're considering buying or selling in the Central Virginia area, here's a quick update on the market for March 2025. Let’s break down what’s happening in some key areas:
🏡 Chesterfield County
1: Median Sale Price: $415,000
2: Active Listings: 722
3: Days on Market: 41
Chesterfield’s market is active, with homes taking a bit longer to sell, so if you’re thinking about buying, it’s a good time to explore your options!
🏡 Richmond City
1: Median Sale Price: $402,000
2: Active Listings: 363
3: Days on Market: 28
Richmond continues to see strong demand, with homes selling a little quicker. If you’re looking to buy in the city, we might need to act fast!
🏡 Henrico County
1: Median Sale Price: $410,000
2: Active Listings: 489
3: Days on Market: 26
Henrico’s market is stable and fast moving. Homes here are selling quickly, so if you're looking to list, we could see a quick sale.
🏡 Goochland County
1: Median Sale Price: $653,000
2: Active Listings: 88
3: Days on Market: 35
Goochland has fewer listings, but higher priced homes are still moving well. If you’re looking to sell, you’re in a great position!
What does this mean for you?
• If you're buying, Richmond and Henrico are moving quickly, so we’ll need to be prepared.
• If you’re selling, Chesterfield and Goochland offer a balanced market, but Hanover is showing great results too!
Let me know if you’d like to chat more about how these numbers impact your next move. Whether you’re looking to buy, sell, or just get some advice, I’m here to help! 📲.
🏡 Kristin & Co. Team | Keller Williams Realty Richmond West
📞 (804) 604-HOME