Home
Search Homes
Search Beach Homes
Get Elistings
Home Value Request
For Buyers
For Sellers
Relocating to
Hampton Roads?
Foreclosure/ Short Sale
1st Time Home Buyers
Current Market Trends
Military Cash Back
Dollar Tree Cash Back
Area Information
About Us
Testimonials
Contact
Hampton Roads Housing Trends, Including the cities of: Virginia Beach, Norfolk, Suffolk, Chesapeake, Portsmouth, Hampton and Newport News.
When buying or selling property it is important to have a complete understanding of the current real estate market. Below you will find a quartely review of Hampton Roads real estate which includes housing data, supply of homes available in its seven cities, median home prices currently available in irginia Beach, Norfolk, Suffolk, Chesapeake, Portsmouth, Hampton and Newport News and historical trends in housing data unique to Hampton Roads, Virginia.
| HAMPTON ROADS | |||
12 Months |
6 Months |
3 Months |
|
| Closed Transactions in the Past | 12863 |
5850 |
3260 |
| Average Homes Sold per Month | 1071.92 |
975.00 |
1086.67 |
| Current Number of Homes on the Market | 9149 |
9149 |
9149 |
| Months Supply on the Market | 8.54 |
9.38 |
8.42 |
| VIRGINIA BEACH | |||
12 Months |
6 Months |
3 Months |
|
| Closed Transactions in the Past | 5706 |
2540 |
1380 |
| Average Homes Sold per Month | 475.50 |
423.33 |
460.00 |
| Current Number of Homes on the Market | 3668 |
3668 |
3668 |
| Months Supply on the Market | 7.71 |
8.66 |
7.97 |
| NORFOLK | |||
12 Months |
6 Months |
3 Months |
|
| Closed Transactions in the Past | 2070 |
946 |
503 |
| Average Homes Sold per Month | 172.50 |
157.67 |
167.67 |
| Current Number of Homes on the Market | 1713 |
1713 |
1713 |
| Months Supply on the Market | 9.93 |
10.86 |
10.22 |
| CHESAPEAKE | |||
12 Months |
6 Months |
3 Months |
|
| Closed Transactions in the Past | 2804 |
1277 |
742 |
| Average Homes Sold per Month | 233.67 |
212.83 |
247.33 |
| Current Number of Homes on the Market | 1917 |
1917 |
1917 |
| Months Supply on the Market | 8.20 |
9.01 |
7.75 |
| SUFFOLK | |||
12 Months |
6 Months |
3 Months |
|
| Closed Transactions in the Past | 1221 |
576 |
367 |
| Average Homes Sold per Month | 101.75 |
96.00 |
122.33 |
| Current Number of Homes on the Market | 1016 |
1016 |
1016 |
| Months Supply on the Market | 9.99 |
10.58 |
8.31 |
