The Virginia Peninsula housing market numbers are in for May, and the trends are showing that it's going to be a hot seller's market this Summer!
- Months Supply of Inventory - 5.7
Six months of inventory is considered a balanced market. This lower inventory statistic indicates a busy seller's market.
- Current Median Sold Price - $160,000
This number is down 1.8%.
- % of Sold Price to List Price - 98.11%
- Average Days on Market - 89 days
This number continues to drop.
- Closed Sales - up 6%
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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