Market report, updated

Market Report

Search in the school district of Hanover County Public Schools

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Report prepared by Mikemcclusky.com Mullen Realty Associates

Market at a glance

Over the last 6 months, homes sold for 101.1% of list price in 63 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $617K Sold · $625K
$850K$670K$490K$310K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 6 sales in May. Last month: 3.

Where the market stands

All homes in this report, by status.

51homes
Active23 · 45%
Under contract5 · 10%
Sold (6 mo)23 · 45%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

6.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$1.04M
Under contract$502K
Sold$597K

Average days on market

Active38 days
Under contract131 days
Sold63 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 23
Average list price $1,036,880
Avg. days on market 38 days
Avg. price per ft² $286 Based on 19 of 23 homes
Avg. living area 2,783 ft² Based on 19 of 23 homes
Avg. beds / baths 3.7 / 3.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

4 homes didn’t report living area and aren’t shown.

$9M$6M$3M$0

Price vs. living area: 19 homes plotted, up to $9M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

4 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

13259 Greenwood Church Rd$886
19113 Irby Spring Rd$379
19113 Irby Spring Rd$379
10263 Szalay Ln$338
10299 Szalay Ln$291
9397 E Patrick Henry Rd$265
5229 Pole Green Rd$251

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
8710 Coastal TerMechanicsville, VA 23111 332,068$474,990$2296 days
7675 Lloyd TerMechanicsville, VA 23111 331,960$459,990$2346 days
10108 Cheroy Woods LnAshland, VA 23005 443,729$899,000$2418 days
15280 Hopeful Church RdBumpass, VA 23024 322,452$585,000$2383 days
18309 Beaver Dam RdBeaverdam, VA 23015 ———$179,000—10 days
5229 Pole Green RdMechanicsville, VA 23116 543,184$800,000$2519 days
8674 Mile Post TerMechanicsville, VA 23111 332,313$475,640$20519 days
19113 Irby Spring RdRockville, VA 23146 543,620$1,375,000$37913 days
19113 Irby Spring RdRockville, VA 23146 543,620$1,375,000$37913 days
9397 E Patrick Henry RdAshland, VA 23005 221,166$309,900$26547 days
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Questions about this market?

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Mikemcclusky.com Mullen Realty Associates

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