Local Real Estate Professional
New Home Team
Explore active listings, recent market insights, town coverage, and direct contact options for Scott Fogleman across the local markets they serve.
For sellers, I use a proven pricing approach, strategic home-prep recommendations, and an unparalleled online and offline marketing strategy designed to expose your property to as many qualified buyers as possible, driving strong demand and helping you earn top dollar.
For buyers, I help you understand local market conditions, narrow your search, and write smart offers without overpaying. My focus areas include Amherst County, Botetourt County, Salem, Henrico County, Moneta, Roanoke, Chesterfield County, Campbell County, The Fan District, Mechanicsville, Richmond, New Kent County, Appomattox County, Lynchburg, North Chesterfield, Glen Allen, Midlothian, Hanover County, FoxCreek, Goochland County, Grandin Village, Roanoke County, Chester, Forest, and Bedford County, along with surrounding towns, communities and neighborhoods.
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Connect directly with me at New Home Team in June 2026 for personalized local Real Estate guidance, whether you're buying, selling, or exploring your next move.
Explore recent community-specific Real Estate articles from Scott Fogleman of New Home Team, featuring local market insights for June 2026.
Friday, June 19, 2026
Low supply rewards buyers who are ready. Yes, careful buyers still need to act. Months of inventory was 1.38 and the median days in RPR was 12, which means the market still asks for quick decisions on homes that fit well.
The recent activity mix still favors prepared listings. Sellers should look at the flow of new, pending, and closed homes together. That mix shows whether buyers are still responding, and the recent numbers say there is enough movement to reward a well-prepared listing.
Momentum comes from a launch buyers can trust. If you are selling, I would look for momentum in the first few days, not after the listing has already gone stale. The latest active median list price was $699,950, and that means buyers are still evaluating your home against other real choices.
Sellers should make the first showing count. A better listing starts with a clearer launch. The latest median list price is $480,000 and the median sold price is $435,000, which means buyers are still looking closely at whether the value is easy to understand.
Readiness helps when buyers are comparing closely. Should you wait for a better week to list? I would not count on that. The median list price is $289,450, homes are closing at 98.2% of list price, and the median time on market is 14 days.
A cleaner number creates a cleaner launch. Sellers should decide early. The market is still favoring well-priced homes, with the median sale at $365,000, active listings at $385,000, and a typical time to sale of 10 days.
The active range already gives you a strong reference point. Should you lean on the highest asking price in the neighborhood? No. Sellers working from Bedford County, Virginia active prices should stay grounded in June 2026, because the current asking range already gives the market a clear reference point.
A fast decision is better when it is a well-informed one. If you are preparing an offer, the question is whether the home is priced in a way that makes sense next to recent closings. Chester's median sold price is $395,000 and the median list price is $449,999, so buyers should look closely before they write. Be deliberate.
Active homes show the starting point. Yes. Active listings tell you what the market is asking today, and that is the right place to begin if you want to compare value carefully.
A checklist keeps your search focused when choices start to blur. Do you need a firmer search plan in June 2026? Yes, because the market is still active enough to reward buyers who know exactly what they want. Without a plan, it is easy to lose time on homes that do not fit the budget or the long-term goals. Be selective.
Recent closings set the range buyers are already using. Choose carefully. The public-record median sold price was $470,000, and that was down 6% from the prior month, so sellers should price with close attention to the most recent closes.
Stretch with purpose, not by guesswork A buyer's stretch should always be deliberate. With the median sold price at $287,500 and inventory at 2.08 months, you can compare carefully before deciding whether a home is worth the extra room in your budget.
A prepared plan keeps the next step from feeling rushed. Your next move should be based on price, speed, and certainty. Recent sold homes are at $460,000 and the market is still closing near asking, which means a prepared buyer has the best shot.
A better offer often starts with a more believable price. Better offers usually start with a believable price. The median list price is $494,990, the median sold price is $460,000, and homes are still closing at 101.6% of list price on average. I would lean into that by pricing the home where buyers feel comfortable engaging.
Recent closings are the best test for flexibility. Flexibility works best when it starts with real closings. Recent sold homes came in at $360,000 in the MLS and $335,000 in the public record, which gives buyers a practical range to study before they settle on a number. If you know the recent closing picture, it is much easier to decide how far you can stretch without losing discipline.
Close-to-list closings leave less room for guesswork. Yes, if you are ready to make a clear offer. Homes are selling at 98.8% of asking price on average, so buyers who hesitate may miss the homes that fit best. That is tight.
The best choice is not always the first one. You still have choices, but the best choice will not always be the first home you see. With 2.51 months of supply and a median sold price of $483,500, buyers should compare carefully and avoid drifting too far above their comfort zone. Stay disciplined. Clear priorities make the search easier.
The active count still gives buyers room to organize the search. Yes, but you still need to compare carefully. The latest month had 53 active listings and 11 sales, which means choices exist, yet the homes that match your budget and condition standards still deserve close attention.
Low supply rewards buyers who are ready. Yes, careful buyers still need to act. Months of inventory was 1.38 and the median days in RPR was 12, which means the market still asks for quick decisions on homes that fit well.
A careful comparison keeps the budget intact. I would track the sold numbers first. The latest month closed at a median $280,000, while active homes sat at $314,975, so price discipline still matters for buyers who want to stay in range.
The search works best when the plan comes first. A clear home search starts here, and the first step is knowing the price range before touring begins. With 2.89 months of available homes in the latest period and a median of 12 days, buyers still need a plan, not guesswork.
Prepared buyers usually have the clearest path Yes. I would say the prepared buyer usually has the best path forward. If the right home appears, having your financing and your price range settled makes the decision much easier.
The best search is the one that matches value, not just appearance. Value matters more than a glossy first impression. The sold median is $288,450, while the estimated value sits at $310,100, so buyers should keep their comparisons tight and practical. That avoids chasing homes that look right but do not fit the numbers.
The difference between asking and closing tells you where buyers are drawing the line. Pricing gaps matter because they show where the market is willing to stretch and where it stops. If you are buying or selling, that difference is one of the clearest clues in the current market.
The right price point depends on the home and the competition. Choose the number carefully. Buyers and sellers are both better served when the price point is tied to real competition instead of habit.
Pending homes show the price band buyers are accepting. Yes. Buyers can use pending prices as a fresh benchmark because the latest median pending list price is $663,019. That is above the median sold price of $556,672, so the homes moving into contract are not waiting for bargain pricing.
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Scott Fogleman can help buyers review local market context, compare active communities such as Amherst County, Botetourt County, Salem, Henrico County, Moneta, understand recent article insights, and prepare stronger questions before touring or writing an offer.
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