Home Sales Down in Hampton Real Estate Market

The Hampton market pulled back with a 20.4% sales drop in this week's report. Overall sales numbers for the last 30 days remained below the 154.4 monthly average with 117 homes sold. On the other hand, close-by Virginia Beach registered 398 homes sold in the same time frame, the most of all surrounding cities. Potential buyers should note that prices are coming down in Hampton, and for this period the median sales price slid from $150,900 to $145,000. Along with the slip in sales, a relatively high seven months of inventory indicates that Hampton is a definite buyer's market.

If a home with lots of bedrooms is what you want, then be sure to take a look at these listings in Hampton:

$499K   $579K   $220K  

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

Demographic facts about Hampton:

  • The population growth rating is 51. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 154.3 physicians.
  • The health cost index score in this area is 103.1. (100 = national average)
  • 83.6% of the residents travel to work in an automobile, 8.9% via carpool, and 1.7% by way of public transit.

Data reported through 1/11/2017

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Greg Garrett Realty
Snapped 15 homes in this area
Melody Matthews&Assoc.RE Prof
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Chantel Ray Real Estate Inc
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