Sales Fall in Chesapeake City Real Estate Market

In this week's report, the number of homes sold in the Chesapeake City market fell to 305 over the past 30 days. It marked a decrease of 10.3% from last week's report and a fall below the monthly average. In comparison, nearby Virginia Beach City had 530 sales in the same time frame, the most of all neighboring counties. Potential buyers should note that prices are coming down in Chesapeake City, and for this period the median sales price slid from $272,250 to $265,900.

Want a home with a large living space in Chesapeake City? Start your search with these listings that provide the most in the area:

$2.8M   $2.8M   $825K  

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

Demographic facts about Chesapeake City:

  • This area has a population growth rating of 66. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 271.8 physicians.
  • The area's health cost index score is 102.5. (100 = national average)
  • 85.5% of the residents commute to work alone in their car, 8.7% via carpool, and 1.0% by way of public transit.

Data reported through 10/12/2016

Comments:

Ask a local expert about this area:
Nelene Gibbs Real Estate
Snapped 18 homes in this area
Nuvia Rivera & Associates
Snapped 20 homes in this area
Creed Realty
Snapped 26 homes in this area

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