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Is the North Short Pump real estate market shifting in 2026? In this February housing market update, we’re breaking down why the local market might look different than you expect. Whether you’re looking at homes for sale in North Short Pump or planning to sell your property in Glen Allen or Wyndham, understanding the current data is the key to a successful move. Join local Realtor and Wyndham resident Chris Elliott as he compares national housing headlines to our hyper-local Virginia trends. 📊 What You’ll Learn in This Video: National Market Headlines: A look at mortgage rates (hovering around 6%) and why the "3% dream" is on hold. Affordability & Wages: How wage growth is finally outpacing home price appreciation in 2026. Inventory Shifts: Why having 10% more homes on the market is changing the game for buyers. North Short Pump Specifics: Analysis of one of the tightest submarkets in Central Virginia. Winning Strategies: 3 practical tips for sellers and 3 essential moves for buyers right now. 📍 Local Market Snapshot (February 2026) The North Short Pump Virginia real estate market remains incredibly resilient, but the "COVID chaos" has officially left the building. We are seeing: Stabilized Pricing: 100% list-to-sale price ratio on average. Market Velocity: Homes are still moving in sub-30 days, but overpriced properties are sitting. The Spring Surge: Buyer activity is already heating up—don't wait until April to list! 💡 Expert Tips for 2026 For Sellers: Price it Right: The "test the market" strategy is failing; momentum is lost after 14 days. Prep Matters: Paint, flooring, and lighting are now the difference between a sale and a stalemate. Early Bird Wins: List in February/March to beat the flood of competition in May. For Buyers: Negotiation Power: You have more leverage on homes that have sat past the 2-week mark. Be Decisive: "Cream puff" homes (perfect condition + price) still see multiple offers. Don't Wait for Rates: Waiting for a 1% drop might cost you 4% in appreciation. Refinance later, lock your price now! #NorthShortPump #ShortPumpRealEstate #RichmondVA #GlenAllenVA #HousingMarket2026 #ChrisElliott #WyndhamVA #CentralVirginiaRealEstate ------------ 📲 Looking to connect? Can I answer a question or be of service? Contact me via https://looksee.it/iV3iQ 🏡 Curios to know what your Greater Richmond, Virginia home is worth? Find out at https://centralvahomevalues.com/ 💻 Interested in searching for Greater Richmond, VA homes for sale? Check them out at https://looksee.it/Wx5JW 🔍Look Us Up On Google https://maps.app.goo.gl/4yxmgjpFH6af2... 📱Follow us on social @chriselliottre Facebook - / chriselliottre Instagram - / chriselliottre LinkedIn - / chriselliottre YouTube - / chriselliottre TikTok - / chriselliott_re