Home Sales Low in Virginia Beach Real Estate Market

Hitting a record low dating back to April, 530 homes were sold in the Virginia Beach market over the last 30 days. This represents an 8.0% decrease in sales activity. In comparison, Chesapeake had 305 sales in the same time frame, the most of all nearby cities. Potential buyers should note that prices went up in Virginia Beach, with the median for this period rising from $245,000 to $247,950.

If price is the most important factor in your decision, these are some inexpensive homes being listed in Virginia Beach:

$102K   $103K   $104K  

Get started right now by checking out Virginia Beach homes for sale or reviewing Virginia Beach real estate trends.

Demographic facts about Virginia Beach:

  • This area has an average elevation of 10 feet.
  • The median income for the homes in this area is $63,453.
  • The student per counselor ratio in this area is 382:1. (513:1 = national average)

Data reported through 10/13/2016

Comments:

Ask a local expert about this area:
Creed Realty
Snapped 11 homes in this area
Long & Foster Real Estate Inc.
Snapped 85 homes in this area
Rose & Womble Realty Company
Snapped 16 homes in this area

Agents that specialize in this area
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