Sellers still have room, but the market wants proof before it rewards ambition
If you are planning to sell and wondering what buyers will notice first, it is usually the price against the condition, not your future plans. In Henrico, VA, that first comparison still carries a lot of weight.
The typical sold price in Henrico, VA was $383,000 last month, while the typical asking price for active homes was $403,990. A typical sale took 23 days, and recent offers came in at 100.2% of asking. Those are the numbers I would use to shape a listing story that feels believable.
Supply at 1.3 months still gives sellers useful support in Henrico, VA. Even so, the spread between active asking prices and closed prices tells me buyers are not simply validating every seller's opening position. I would interpret that as a market where confidence pays off only when it is backed by price and presentation.
Set your price where the market can validate it quickly. Make sure the home's condition supports the number you want buyers to accept. Review the first round of activity honestly and make changes fast if the market is not confirming your plan.
