Knowing your market is important when it comes to finding a neighborhood to buy or sell in. By reading a market report, you can learn about the trends, average home pricing, and the market flow. This is also a great tool for those looking to invest in properties. To get a full analysis from the data below, compare the numbers from the third quarter in 2017 to the third quarter in 2018. RounTrey is currently in its growth phase as new construction continues to occur throughout the corresponding neighborhoods. At full development, RounTrey will be complete with 870 Home sites, 550 Apartments, 435 Townhomes and more. For more information on the area, check out our community page on RounTrey where we recently did an interview with the developer of Rountrey, Danny Sowers. Check it out for some great insight into the future of the neighborhood!
Subscribe to our blog to get more detail on comparative market analysis reports. Every quarter the Rick Cox Realty Team compiles market data from various neighborhoods in the Midlothian/Richmond area. Comment below or contact us if you are interested in learning more information about a particular neighborhood.
“Data based on listing from CVRMLS from July 1st to September 30th, for 2017 & 2018. Information is deemed accurate but not guaranteed”
