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| JUNE 2025 | |||
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| Units Sold 449 |
Active Inventory 639 |
Median Sale Price $414,515 |
Days On Market 17 |
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| Up 26% Vs. Year Ago |
Up 20% Vs. Year Ago |
Down -2% Vs. Year Ago |
Down -15% Vs. Year Ago |
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Units Sold
There was an increase in total units sold in June, with 449 sold this month in Henrico County Real Estate versus 419 last month, an increase of 7%. This month's total units sold was higher than at this time last year, an increase of 26% versus June 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 105 units or 20%. The total number of active inventory this June was 639 compared to 534 in June 2024. This month's total of 639 is lower than the previous month's total supply of available inventory of 675, a decrease of 5%. |
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Median Sale Price
Last June, the median sale price for Henrico County Homes was $421,000. This June, the median sale price was $414,515, a decrease of 2% or $6,485 compared to last year. The current median sold price is 1% lower than in May. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median. |
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| New Listings 472 |
Current Contracts 423 |
Sold Vs. List Price 102.2% |
Months of Supply 1.4 |
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| Up 12% Vs. Year Ago |
Up 21% Vs. Year Ago |
Down -0.8% Vs. Year Ago |
No Change Vs. Year Ago |
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Months of Supply
In June, there was 1.4 months of supply available in Henrico County. The amount of supply is similar compared to a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand. |
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New Listings & Current Contracts
This month there were 472 homes newly listed for sale in Henrico County compared to 423 in June 2024, an increase of 12%. There were 423 current contracts pending sale this June compared to 350 a year ago. The number of current contracts remained stable as compared to last June. |
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Sale Price to List Price Ratio
In June, the average sale price in Henrico County was 102.2% of the average list price, which is 0.8% lower than at this time last year. Days on Market
This month, the average number of days on market was 17, lower than the average last year, which was 20, a decrease of 15%. | |||
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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 one of Long & Foster's knowledgeable and experienced sales associates. | |||
 Information included in this report is based on data supplied by CVRMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of CVRMLS or Long & Foster Real Estate, Inc. |
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