Hampton Roads Real Estate Market Update | Chantel Ray Real Estate

To buy or sell a home,  call  

Hampton Roads Real Estate Market Update

Hampton Roads Real Estate Market Update

What's Happening In The Market?

Sales are up 20.83% year-over-year. Last year this time 2,392 homes sold whereas this year, 2,889 sold! The median sale price for sold listings dipped by 1.2% from the previous month, but is up 2.23% year-over-year.

Days on market, the average amount of time it takes to sell a home, is down from 78 days last year to 67 days this year. Inventory is also down compared to last month and last year (see chart below for full stats).

We’re still in a strong seller’s market.

Full Stats

Do you want to see if your home’s value increased?

Give us a call at 757-717-1003

Click here for a free home analysis to find out what your home is worth:

Home Value