As we move through the Summer months, the trends continue to be very positive for the Virginia Peninsula real estate market!
- Months Supply of Inventory - 5.9
Six months of inventory is considered a balanced market. This lower inventory statistic indicates a busy seller's market.
- Current Median Sold Price - $188,217
This number is up 13.4% over last June.
- % of Sold Price to List Price - 98.15%
- Average Days on Market - 102 days
- Closed Sales - down 5%
If you’re a seller who has been wondering if it might finally be time to sell, email us at concierge@lizmoore.com, or click below, and we can prepare a complimentary analysis of market value for you – you just may be pleasantly surprised.
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