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| APRIL 2025 | |||
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| Units Sold 366 |
Active Inventory 594 |
Median Sale Price $405,000 |
Days On Market 23 |
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| Up 2% Vs. Year Ago |
Up 29% Vs. Year Ago |
Down -2% Vs. Year Ago |
No Change Vs. Year Ago |
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Units Sold
There was an increase in total units sold in April, with 366 sold this month in Henrico County Real Estate versus 295 last month, an increase of 24%. This month's total units sold was higher than at this time last year, an increase of 2% versus April 2024. |
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Active Inventory
Versus last year, the total number of homes available this month is higher by 133 units or 29%. The total number of active inventory this April was 594 compared to 461 in April 2024. This month's total of 594 is higher than the previous month's total supply of available inventory of 538, an increase of 10%. |
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Median Sale Price
Last April, the median sale price for Henrico County Homes was $415,000. This April, the median sale price was $405,000, a decrease of 2% or $10,000 compared to last year. The current median sold price is 1% lower than in March. 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 565 |
Current Contracts 428 |
Sold Vs. List Price 102.9% |
Months of Supply 1.6 |
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| Up 26% Vs. Year Ago |
Up 14% Vs. Year Ago |
No Change Vs. Year Ago |
Up 27% Vs. Year Ago |
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Months of Supply
In April, there was 1.6 months of supply available in Henrico County, compared to 1.3 in April 2024. That is an increase of 26% versus 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 565 homes newly listed for sale in Henrico County compared to 448 in April 2024, an increase of 26%. There were 428 current contracts pending sale this April compared to 376 a year ago. The number of current contracts is 14% higher than last April. |
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Sale Price to List Price Ratio
In April, the average sale price in Henrico County was 102.9% of the average list price, which is similar compared to a year ago. Days on Market
This month, the average number of days on market was 23, which is similar compared to a year ago. | |||
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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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