Condominium properties only, across the Richmond metro — Richmond City, Henrico, Chesterfield, and Hanover. The current snapshot refreshes every 30 minutes; the quarterly history updates daily.
Success rate = pending ÷ (active + pending) — the share of listed condos already under contract, and a quick read on demand. Around 50% is balanced; higher leans to a seller’s market, below 40% to a buyer’s. Right now it reads 40% — Buyer's market.
Of 314 active condos across the metro, 70 (22%) are 2-over-2 stacked product — part of why the headline count runs high.
Types overlap. A condo can be more than one type — a historic high-rise counts under both Historic and High-rise — so each listing is counted in every type its building carries. Bucket shares therefore add up to more than 100%.
Active condos (Richmond City, Henrico, Chesterfield & Hanover) grouped by each building’s curated Type tags from our building catalog. Months of supply = active listings ÷ trailing-12-month sales pace; under contract = pending ÷ (active + pending); new vs. resale is by year built (CVRMLS doesn’t flag new construction). A condo can hold several types at once, so it’s counted in each. Condos in buildings we haven’t catalogued yet fall into “Uncatalogued,” never guessed into a type.
The mortgage figure is the national average 30-year fixed rate from Mortgage News Daily, shown for context only — it is not a rate quote or a loan offer. Your actual rate depends on your credit score, down payment, loan type and term, property type, occupancy, and lender, and will differ from the number above. Talk to a licensed lender for a personalized quote.
At today’s 6.74% rate, a median $353K condo with 20% down runs about $1,830/mo in principal & interest — about a $78K household income to qualify. P&I only; taxes, insurance & HOA dues are additional.
Each line is a house-price index rebased to 100 ten years ago, so the slopes compare directly. National = S&P Case-Shiller; Virginia & Richmond metro = FHFA All-Transactions HPI. Source: FRED, St. Louis Fed.
Annual population growth for the Richmond metro against fast-growing Southeast peer metros. Source: U.S. Census population estimates via FRED.
Closed condo sale price · trailing 12 months · each band labeled by its lower edge · source: CVRMLS.
Closed condo $/sqft · trailing 12 months · source: CVRMLS.
The RVA Condo Index · median closed condominium value by quarter · Richmond metro · source: CVRMLS.
| Quarter | Closed sales | Median price | Median $/sqft |
|---|---|---|---|
| 2023-Q4 | 263 | $340K | $226 |
| 2024-Q1 | 204 | $344K | $230 |
| 2024-Q2 | 291 | $367K | $239 |
| 2024-Q3 | 277 | $360K | $247 |
| 2024-Q4 | 297 | $365K | $241 |
| 2025-Q1 | 187 | $320K | $240 |
| 2025-Q2 | 314 | $346K | $245 |
| 2025-Q3 | 297 | $345K | $242 |
| 2025-Q4 | 285 | $350K | $244 |
| 2026-Q1 | 240 | $346K | $231 |
| 2026-Q2 | 408 | $355K | $242 |
| 2026-Q3 | 117 | $340K | $242 |
| Closed | Address | Price | BR | BA | Sqft |
|---|---|---|---|---|---|
| 2026-08-07 | 3520 E Richmond Rd Unit#U106, Richmond · Villas Of Oakwood North Condo | $125,000 | 2 | 1 | 780 |
| 2026-08-07 | 3218 Matilda Cv Unit#104, Henrico | $1,850 | 2 | 2 | 1,040 |
| 2026-08-06 | 934 Morattico Cir, Glen Allen · Edgewood At Crossridge | $490,000 | 3 | 3 | 2,020 |
| 2026-08-06 | 6912 Welara Run, Moseley · Greenwich Walk At Foxcreek | $515,000 | 3 | 3 | 2,106 |
| 2026-08-06 | 7701 Flannagan Ct Unit#303, Henrico · Shannon Green Condo | $207,500 | 2 | 2 | 920 |
| 2026-08-05 | 8022 Lake Laurel Ln Unit#B, Glen Allen · None | $399,135 | 3 | 3 | 2,617 |
| 2026-08-05 | 1020 Porter St Unit#104, Richmond | $1,750 | 1 | 1 | 6,474 |
| 2026-08-04 | 3530 E Richmond Rd Unit#U15, Richmond · Villas Of Oakwood South | $125,000 | 3 | 1 | 692 |
| 2026-08-04 | 3510 E Richmond Rd Unit#U14, Richmond · Villas Of Oakwood South | $125,000 | 2 | 1 | 822 |
| 2026-08-03 | 306 N 26 th St Unit#209, Richmond · Nolde Bakery Condo | $360,000 | 2 | 1 | 1,000 |
Data refreshed 7 seconds ago · Source: Central Virginia Regional MLS (CVRMLS) via Trestle API · Condominium properties only · Richmond City + Henrico + Chesterfield + Hanover.
