Inventory in Fulton Hill has stayed limited in this rolling three-month view, with about 30 active listings and roughly two months of supply. New listings are down sharply from a year ago, while pending sales have jumped more than 40 percent. That mix of fewer fresh homes and stronger contract activity points to sellers still holding the upper hand even as conditions evolve.
Home values have moved up quickly over the past year, with the typical home value rising a little more than 30 percent, outpacing the broader Richmond market. List prices are also up strongly year over year, even though the median list price has dipped compared with recent months.
Homes are still selling relatively quickly, spending a median of just two weeks on the market, and more than half go under contract within two weeks of listing. Only about 28 percent of recent sales closed above asking, but the average sale-to-list ratio is just over 100 percent, showing that well-priced homes are still achieving full value. Compared with a year ago, more homes are selling and inventory is slightly lower, reinforcing Fulton Hill’s seller-leaning conditions even as pricing dynamics shift. In a market like this, Agent Pronto can connect both buyers and sellers with an agent who understands the trends and can help them navigate each step with confidence.
