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National/Virginia/Penhook

The Waters Edge · Penhook, VA

Is Now a Good Time to Sell in The Waters Edge, Penhook?

The median home in The Waters Edge sells for $1,279,500 with prices up 63% year-over-year. Ridley's flat fee saves you $34,886.

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The Waters Edge Real Estate Market Conditions

51out of 100

Ridley Sell Score

How it's scored →

Moderate

51/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The The Waters Edge market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Focus on presentation and pricing strategy to stand out. Sellers who prepare well can still achieve strong results.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Virginia average is 2.4.

Price MomentumFavors sellers

Prices up 62.88987906% year-over-year — vs. +1.4% statewide.

Seller LeverageFavors buyers

Homes selling at 90.99% of asking — buyers are negotiating 9% below list. Virginia average is 98.7%.

Bidding ActivityFavors buyers

0% of homes selling above list price — 100% below the Virginia average of 25.8%.

Sale SpeedNeutral

59 median days on market — 6 days slower than the Virginia average.

Market UrgencyFavors buyers

0% of listings go pending within 2 weeks — vs. 40.8% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Virginia average is 20.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$1,279,500

+63%

Days on Market

59

Price per Sq Ft

$289

Sale-to-List Ratio

90.99%

Homes Sold

4

Source: public market records

Get AI-powered market intelligence

Personalized pricing signals, demand shifts, and Sell Score changes for Penhook — delivered monthly.

Your savings

How much can you save selling in The Waters Edge?

$0Estimated savings

That's a new car — paid in full — save 2.7% of your home value

$1,279,500

$50,000$10M

Traditional Agent (3%)

$38,385

Ridley Pro (flat fee)

$3,499

Ready to sell in The Waters Edge?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in The Waters Edge

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$38,385$3,499$999
Buyer agent$35,8262.8% avg$25,590~2% avg$25,590~2% avg
Closing costs (~1.5%)$19,193$19,193$19,193
Total cost$93,404$48,282$45,782
You save—$34,886$37,386

Based on the The Waters Edge median home price of $1,279,500. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in The Waters Edge

A flat fee of $3,499 instead of the typical $38,385 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using The Waters Edge market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere The Waters Edge buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $34,886 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

Get Your Selling Strategy

FAQ

Common questions about selling in The Waters Edge

Ready to sell in The Waters Edge?

Save $34,886

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