Check out the above for a year-end real estate market report for condos in the Fan and Museum Districts of Richmond, Virginia. It provides recent market activity, including data on sold properties, their prices, square footage, and features. It also outlines active and pending properties, emphasizing my expertise in the area.

Preparing to Sell in 2025

  • Key Seller Improvements:
    • Painting the interior (46%)
    • Improving the bathroom (42%)
    • Enhancing the kitchen (38%)
    • Landscaping (35%)
    • Repairing/replacing flooring (28%)
    • Services Offered:
      • Highlighting the best features of your home
      • Identifying projects with a good ROI
      • Insights into buyer preferences in the area

 
Market Activity Overview

Homes Listed in the Fan/Museum District:

  • Examples include:
    • North Lombardy Street: 3 beds, 1.1 baths, 1,600 sq. ft., $575,000
    • Monument Avenue: 4 beds, 4.1 baths, 4,300 sq. ft., $1,995,000

Recently Sold Properties:

  • Examples include:
    • 2307 Hanover Avenue: 3 beds, 2.1 baths, 1,935 sq. ft., sold for $825,000 on 11/27/24
    • 3217 West Grace Street: 3 beds, 2.1 baths, 1,645 sq. ft., sold for $739,000 on 11/25/24

Market Averages:

  • Active List Price: $1,154,150
  • Sold Price: $836,750
  • Average Days on Market: 21

If you have any questions or concerns, please feel free to reach out to me!

804-350-0879 | chris@smallre.net | chrissmallgroup.com

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It is my responsibility as your REALTOR® to ensure that when others around you are lowering their expectations, that this becomes the time for us to switch gears and discover how to leverage the market effectively to achieve your goals.

If you would like to know more about the current market, or if you have any general real estate questions, call or text me on my cell phone at 804-350-0879 or you can email me at chris@smallre.net.