The Fan · Richmond, VA

Is Now a Good Time to Sell in The Fan, Richmond?

The median home in The Fan sells for $638,500 with prices down 3% year-over-year. Ridley's flat fee saves you $15,656.

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The Fan Real Estate Market Conditions

53out of 100

Ridley Sell Score

How it's scored →

Moderate

53/100

A balanced market with opportunities for well-priced homes.

What this means for sellers

The The Fan market is balanced — neither strongly favoring buyers nor sellers. Accurate pricing is key: overpriced homes will sit, but correctly priced listings are still moving. Don't count on bidding wars — price to attract offers rather than leave room for negotiation. 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 buyers

Prices down 2.519083969% year-over-year — vs. +1.4% statewide.

Seller LeverageNeutral

Homes selling at 97.47% of asking — buyers are negotiating 2.5% below list. Virginia average is 98.7%.

Bidding ActivityFavors buyers

13.16% of homes selling above list price — 49% below the Virginia average of 25.8%.

Sale SpeedFavors sellers

48 median days on market — 5 days faster than the Virginia average.

Market UrgencyNeutral

31.71% 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

$638,500

-3%

Days on Market

48

Price per Sq Ft

$325

Sale-to-List Ratio

97.47%

Homes Sold

38

Sold Above List

13.16%

Pending in 2 Weeks

31.71%

Source: public market records

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

Your savings

How much can you save selling in The Fan?

$0Estimated savings

That's a dream family vacation — save 2.5% of your home value

$638,500

$50,000$10M

Traditional Agent (3%)

$19,155

Ridley Pro (flat fee)

$3,499

Ready to sell in The Fan?

Get a personalized selling strategy with AI-powered pricing analysis

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Cost comparison

Cost to sell in The Fan

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$19,155$3,499$999
Buyer agent$17,8782.8% avg$12,770~2% avg$12,770~2% avg
Closing costs (~1.5%)$9,578$9,578$9,578
Total cost$46,611$25,847$23,347
You save$15,656$18,156

Based on the The Fan median home price of $638,500. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in The Fan

A flat fee of $3,499 instead of the typical $19,155 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using The Fan 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 Fan 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 $15,656 more

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

FAQ

Common questions about selling in The Fan

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