Blake and Ali Poore Team

Chesterfield, VA

Single-Family Homes

Compass



Chesterfield, VA

Thu Mar 23 2023
This week the median list price for Chesterfield, VA is $610,990 with the market action index hovering around 46. This is an increase over last month's market action index of 39. Inventory has decreased to 64. Click here to stay informed with the Chesterfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Chesterfield, VA

Thu Mar 23 2023
This week the median list price for Chesterfield, VA is $610,990 with the market action index hovering around 46. This is an increase over last month's market action index of 39. Inventory has decreased to 64. Click here to stay informed with the Chesterfield market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

While the Market Action Index shows some strengthening in the last few weeks, prices have settled in a bit of a plateau. We are currently in a Seller’s market so prices will likely resume their climb should this trend persist.

Real-Time Market Profile

Never miss important changes in the Chesterfield market.
Median List Price $610,990
Median Price of New Listings $517,425
Per Square Foot $196
Average Days on Market 80
Median Days on Market 35
Price Decreased 36%
Price Increased 19%
Relisted 5%
Inventory 64
Median Rent
Market Action 46
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$754,975 3,704 1 - 2.5 acres 5 4 1 2 1 35
$651,980 3,413 1 - 2.5 acres 4 3.5 1 0 2 38
$544,990 2,741 1 - 2.5 acres 4 2.5 1 2 2 98
$432,000 2,137 0.5 - 1 acre 3 2.5 13 2 5 17