Over the last 30 days, an emerging downward trend of new sellers coming into the Chesapeake market continued, with 372 listings in this week's report. Meanwhile, sales fell, with 277 homes selling during the same period. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. Prices are falling in Chesapeake, and this period the median price of all sales fell from $259,990 to $242,000.
Early bird gets the worm, so be sure to take a look at these new listings in Chesapeake: