The Glen Allen market broke below its 12-month average sales volume this week as sales slid 12.0% to hit 22 homes sold over the last 30 days. In comparison, nearby Richmond had 212 sales in the same time frame, the most of all neighboring cities. Prices are rising in Glen Allen, and the median sales price this period increased from $248,500 to $254,975. Despite the slip in sales, a relatively low two months of inventory indicates that Glen Allen is a definite seller's market.
Early bird gets the worm, so be sure to take a look at these new listings in Glen Allen: