Randolph West is a subdivision of Randolph in Richmond, Virginia. This website serves Randolph and surrounding areas. It is provided by the Randolph West Homeowners Association.

3rd Quarter Richmond City Housing Analysis

From the Department of Community Development November 2009 Newsletter:

The city’s 3rd Quarter Housing Analysis shows that the average sales price in the city of Richmond for all residential units (4 units and below) was $182,253 as compared with $181,025 from last quarter, and $204,208 from this time last year.

Between July 1 and September 30, 720 units were sold as compared with the 2nd Quarter’s 956 units (compared to 1,164 units in the 3Q of 2008). There were 227 foreclosures in the 3rd quarter, down from 264 in the second quarter; which brings the 2009 total to date to 694. This is on pace to eclipse last year’s total of 768.

Posted: November 8th, 2009 | Author: | Filed under: News, Real Estate News | Tags: , , , | Comments Off on 3rd Quarter Richmond City Housing Analysis