Question 1

What is the median sold price in James River Retreat?

Accepted Answer

The median sold price in James River Retreat is $557,500 based on 6 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in James River Retreat?

Accepted Answer

The average sold price in James River Retreat is $469,083. Note that the average ($469,083) is lower than the median ($557,500), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in James River Retreat?

Accepted Answer

Home prices in James River Retreat range from $91,500 to $867,000 based on recent sales data. This $775,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in James River Retreat selling above or below asking price?

Accepted Answer

On average, homes in James River Retreat are selling at 97.6% of their asking price. This means there is some room for negotiation, with homes selling slightly below asking. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in James River Retreat?

Accepted Answer

Homes in James River Retreat are selling in an average of 38 days. This indicates a seller's market with strong demand. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in James River Retreat?

Accepted Answer

The average price per square foot in James River Retreat is $492. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $984,000.

Question 7

How active is the real estate market in James River Retreat?

Accepted Answer

The James River Retreat market has seen 6 home sales over the past 2 years, with 2 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in James River Retreat?

Accepted Answer

The most common property types selling in James River Retreat are: detached single family (4 sold, avg $653,750), recreational (1 sold, avg $91,500), vacant lot (1 sold, avg $108,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in James River Retreat?

Accepted Answer

Detached homes in James River Retreat are selling for an average of $653,750, with 4 sales over the past 2 years.

Question 10

Are home prices rising or falling in James River Retreat?

Accepted Answer

Home prices in James River Retreat have increased by 702.8% over the past 2 years. The average sold price moved from $108,000 to $867,000. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 11

Is James River Retreat a buyer's or seller's market?

Accepted Answer

Based on current data, James River Retreat is a slight seller's market. Homes are selling in 38 days on average and at 97.6% of asking price. Sellers have an advantage, but buyers can still find opportunities with well-crafted offers.

Question 12

What percentage of homes sell above asking price in James River Retreat?

Accepted Answer

In James River Retreat, 0% of homes sold above asking price, while 83% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 13

What are the average property taxes in James River Retreat?

Accepted Answer

The average annual property tax in James River Retreat is $1,836, with a median of $2,225. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 14

What size homes are selling in James River Retreat?

Accepted Answer

Homes selling in James River Retreat range from 1,010 to 1,792 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in James River Retreat?

Accepted Answer

James River Retreat shows moderate price diversity with a standard deviation of $281,041 around the average price of $469,083. This wide range indicates a diverse market with options at many price points.

Question 16

How do I find out how much a house sold for in James River Retreat?

Accepted Answer

Simply search our James River Retreat sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 17

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in James River Retreat will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 18

Do you show all MLS® sold listings for James River Retreat?

Accepted Answer

Our feed captures all MLS® listings sold page data available for James River Retreat. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

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