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January 9, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Glen Allen, Virginia

Reported by John Casey, REALTOR

Updated November 12, 2008.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 2




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Falling

Rising

The market in Glen Allen is good , however it is moving towards the buyers side. Some homes have sold quickly and others have been on the market over 90 days . Interest rates are predicted to drop slightly, but still at a historically low level.Sellers are finding its more important than ever to have solid professional help.Buyers are finding more options, and making informed decisions,some sellers are using price reductions to sell their property .Depending on the price range, you may find plenty of homes for sale.However the number of showings has picked up.Townhomes and condos are plentiful and some great deals can be made here ,especially in the $250,000 to $350,000 range. Prices are influenced by the school systems (there is a new high school on the way) .The market is showing signs that it will be a good year. I strongly suggest professional help.**** Call me on my cell = 804-512-6539 *****

ZIP Codes: 23060, 23059

Approximate Location Boundaries: West-Northwest, of the city of Richmond ,part of Henrico county.

Location Characteristics: Glen allen has mostly newer homes,and still has quite a lot of new construction, however the minimum price for a new home is $ 350,000 to $400,000.There are resale homes as low as $200,000. The prices and the appreciation here is above the Richmond area average.Right now the home prices are dropping slighly. This is one of the most sought after areas in Richmond, because of location and school systems and they are running out of land for new construction.Glen Allen is served by two High Schools and now the county has purchased the land for the third High School and that will influence the price , You will need a Professional, so call John for more info .******cell = 804-512-6539.******

For More Information:

View Market Conditions of other areas served by John Casey

Navigate: Top > Virginia > Glen Allen

About John Casey:
John Casey,a professional,full time Realtor since 1985 with previous experience in home construction.A consistent Multi-Million Dollar Producer.John has won numerous awards from the Richmond Association of Realtors and Long and Foster.
John's market knowledge,negotiating skills, enthusiasm and integrity have placed him in an elite league of successful colleages.
John knows you are concerned about performance and service provided by your Realtor.John gives you the power to fire him if he doesn't perform as promisedYou won't find a Realtor who takes his job more seriously.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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