Archive | October, 2012

Norfolk Real Estate Market Update

31 Oct

Norfolk Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Norfolk contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Norfolk as a whole.

The median list price in NORFOLK, VA this week is $169,900. The 1107 properties have been on the market for an average of 178 days. With inventory trending up but dayson- market and the Market Action Index essentially flat recently, conditions do not seem to have strong up or down pull. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website BetterCallDoug.com be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Norfolk Real Estate Market Update

All data was pulled from REIN and Altos Research for Norfolk Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

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Norfolk Real Estate Market Update, Norfolk Real Estate, Norfolk Virginia Home Search, Norfolk Home Search

Chesapeake Real Estate Market Update

30 Oct

Chesapeake Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Chesapeake contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Chesapeake as a whole.

The median list price in CHESAPEAKE, VA this week is $289,900. The 1203 properties have been on the market for an average of 187 days. The Market Action index has been trending down lately, while days-onmarket is climbing, providing mostly bearish signs for the market. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website Chesapeake Real Estate Market Update be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Chesapeake Real Estate Market Update

All data was pulled from REIN and Altos Research for Chesapeake Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

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Chesapeake Real Estate Market Update, Chesapeake Real Estate, Chesapeake Virginia Home Search, Chesapeake Home Search

Virginia Beach Real Estate Market Update

30 Oct

Virginia Beach Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Virginia Beach contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Virginia Beach as a whole.

The median list price in VIRGINIA BEACH, VA this week is $315,000. The 1373 properties have been on the market for an average of 189 days. The Market Action index has been trending down lately, while days-onmarket is climbing, providing mostly bearish signs for the market. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website Virginia Beach Real Estate Market Update be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Virginia Beach Real Estate Market Update

All data was pulled from REIN and Altos Research for Virginia Beach Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

Blog Chart
Virginia Beach Real Estate Market Update, Virginia Beach Real Estate, Virginia Beach Virginia Home Search, Virginia Beach Home Search

Norfolk Real Estate Market Update

24 Oct

Norfolk Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Norfolk contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Norfolk as a whole.

The median list price in NORFOLK, VA this week is $170,000. The 1122 properties have been on the market for an average of 172 days. Inventory is up and Market Action is trending down recently. While dayson- market appears to be trending lower, the overall conditions are weakening a bit. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website BetterCallDoug.com be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Norfolk Real Estate Market Update

All data was pulled from REIN and Altos Research for Norfolk Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

Blog Chart
Norfolk Real Estate Market Update, Norfolk Real Estate, Norfolk Virginia Home Search, Norfolk Home Search

Chesapeake Real Estate Market Update

23 Oct

Chesapeake Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Chesapeake contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Chesapeake as a whole.

The median list price in CHESAPEAKE, VA this week is $290,000. The 1189 properties have been on the market for an average of 182 days. The Market Action Index has been trending down lately, indicating demand falling along with supply. Conditions point to mildly negative trends for the market. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website Chesapeake Real Estate Market Update be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Chesapeake Real Estate Market Update

All data was pulled from REIN and Altos Research for Chesapeake Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

Blog Chart
Chesapeake Real Estate Market Update, Chesapeake Real Estate, Chesapeake Virginia Home Search, Chesapeake Home Search

Virginia Beach Real Estate Market Update

22 Oct

Virginia Beach Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Virginia Beach contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Virginia Beach as a whole.

The median list price in VIRGINIA BEACH, VA this week is $310,000. The 1401 properties have been on the market for an average of 183 days. With inventory and days-on-market basically unchanged and the Market Action Index decreasing, the market is not sending strong directional signal for the near-term outlook. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website Virginia Beach Real Estate Market Update be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Virginia Beach Real Estate Market Update

All data was pulled from REIN and Altos Research for Virginia Beach Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

Blog Chart
Virginia Beach Real Estate Market Update, Virginia Beach Real Estate, Virginia Beach Virginia Home Search, Virginia Beach Home Search

Norfolk Real Estate Market Update

17 Oct

Norfolk Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Norfolk contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Norfolk as a whole.

The median list price in NORFOLK, VA this week is $169,900. The 1113 properties have been on the market for an average of 174 days. Demand measured by the Market Action Index is increasing and dayson- market is trending downward. Even as more properties come available, these are positive trends for the market. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website BetterCallDoug.com be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Norfolk Real Estate Market Update

All data was pulled from REIN and Altos Research for Norfolk Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

Blog Chart
Norfolk Real Estate Market Update, Norfolk Real Estate, Norfolk Virginia Home Search, Norfolk Home Search

Chesapeake Real Estate Market Update

16 Oct

Chesapeake Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Chesapeake contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Chesapeake as a whole.

The median list price in CHESAPEAKE, VA this week is $291,900. The 1202 properties have been on the market for an average of 184 days. With inventory and days-on-market basically unchanged and the Market Action Index increasing, the market is not sending strong directional signal for the near-term outlook. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website Chesapeake Real Estate Market Update be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Chesapeake Real Estate Market Update

All data was pulled from REIN and Altos Research for Chesapeake Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

Blog Chart
Chesapeake Real Estate Market Update, Chesapeake Real Estate, Chesapeake Virginia Home Search, Chesapeake Home Search

Virginia Beach Real Estate Market Update

16 Oct

Virginia Beach Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Virginia Beach contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Virginia Beach as a whole.

The median list price in VIRGINIA BEACH, VA this week is $315,000. The 1407 properties have been on the market for an average of 187 days. Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website Virginia Beach Real Estate Market Update be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Virginia Beach Real Estate Market Update

All data was pulled from REIN and Altos Research for Virginia Beach Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

Blog Chart
Virginia Beach Real Estate Market Update, Virginia Beach Real Estate, Virginia Beach Virginia Home Search, Virginia Beach Home Search

Norfolk Real Estate Market Update

10 Oct

Norfolk Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Norfolk contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Norfolk as a whole.

The median list price in NORFOLK, VA this week is $174,850. The 1078 properties have been on the market for an average of 179 days. Demand measured by the Market Action Index is increasing and dayson- market is trending downward. Even as more properties come available, these are positive trends for the market. The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the website BetterCallDoug.com be sure to check for your zip code, if it is not listed please contact me directly for a specific CMA.

Norfolk Real Estate Market Update

All data was pulled from REIN and Altos Research for Norfolk Real Estate Market Update.
Doug Wolfe, Associate Broker, Town Real Estate Group, DougWolfe@bettercalldoug.com , www.BetterCallDoug.com

Blog Chart
Norfolk Real Estate Market Update, Norfolk Real Estate, Norfolk Virginia Home Search, Norfolk Home Search