Virginia Beach, Chesapeake, Norfolk, Portsmouth and Suffolk August 2010 Market Report
According to the Real Estate Information Network the percent of sales decline for the above cities averaged -16.58%. The average decline in median sales price was -8.57%. Average Market time was 84 days. The largest decline in median sales price was Portsmouth with a -26.97% decrease. Virginia Beach actually saw a median sales price increase of 2.02%. For an in depth market report on a particular city or neighborhood send me a email to john@hrbuyersandsellers.com or give me a ring at 757-328-3289.
Contact me at: 757-328-3289