Glen Allen Real Estate Market Sees Sales Fall

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:

$170K   $327K   $335K  

Get started right now by checking out Glen Allen homes for sale or reviewing Glen Allen real estate trends.

Demographic facts about Glen Allen:

  • Over the past 10 years, the population has increased 19.8%.
  • This area has a safety rating of 80. (Scale: 1 = Worst, 100 = Best)
  • The area's average commute to work is 21 minutes.

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Joyner Fine Properties
Snapped 2 homes in this area
RE/MAX Commonwealth
Snapped 1 home in this area

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