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The numbers are in for the month of October, and the real estate trends are showing a steady forecast for the holiday selling season on the Virginia Peninsula.Virginia Peninsula real estate market

  • Months Supply of Inventory - 7.3
    Six months of inventory is considered a balanced market.  
  • Current Median Sold Price - up slightly to $162,000
     
  • % of Sold Price to List Price - 97.6%
     
  • Average Days on Market - 98.3
     
  • Closed Sales - up 3%

 

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.

How Much is My Home Worth?

 

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Post by Lynnette Tully