Sales Fall in Virginia Beach Real Estate Market

In this week's report, the number of homes sold in the Virginia Beach market slid to 398 over the past 30 days, a decrease of 17.1% from last week's report. On the other hand, close-by Chesapeake registered 277 homes sold in the same time frame, the most of all surrounding cities. The median sales price of all transactions in Virginia Beach did not budge this week, remaining at $255,000.

Trying to find a home in Virginia Beach that offers sufficient space for your needs? Then check out these listings that have the largest living areas in the market:

$1.3M   $3.5M   $3.4M  

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

Demographic facts about Virginia Beach:

  • The current population is 437,994.
  • The safety rating here is 76. (Scale: 1 = Worst, 100 = Best)
  • People in this area have an average commute to work of 24 minutes.

Data reported through 1/12/2017

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Weichert, REALTORS
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Long & Foster Real Estate Inc.
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