Virginia Beach City Real Estate Market Falls to New Listings Bottom

The Virginia Beach City market recorded 618 home sales over the last 30 days. Also, a record low 986 new listings came into the market, the fewest since March. During the same time frame, Chesapeake City had the most of any other neighboring county with 566 new listings. As new listings were reduced, months of inventory unexpectedly still rose, trending upwards for four weeks to reach four.

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

$2.5M   $1.6M   $2.8M  

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

Demographic facts about Virginia Beach City:

  • The median age of all homes in the area is 28 years old.
  • The area gets an average of 7.1 inches of snow each year. (U.S. average: 25)
  • The rating in which jobs are expected to grow is 48. (Scale: 1 = Worst, 100 = Best)
  • This area has an average school expenditure per student of $5,251. ($5,691 = national average)

Data reported through 6/15/2017

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Broadsight Realty
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All/Pros Realty Inc.
Snapped 5 homes in this area
Rose & Womble Realty Company
Snapped 61 homes in this area

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