Townhomes in western Henrico

Recent appraisals in Lakeside Landing have shown market data that indicates continued increase. Below is a graph of Lakeside Landing Townhomes that have sold on a Price/Square foot basis, showing that the price trend continues to increase.

The wider trend appears to be slightly lower, however this does not take into consideration the size of the dwellings. When calculated on a $/Sf basis, this market seems to remain strong. It should be noted that the Days on Market is artificially inflated due to the number of new construction that are rarely recorded correctly in the CVR MLS.