Real Estate Market Watch – February 2015

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The Peninsula real estate market for February 2015:

  • Months supply of inventory is down to 7 months
  • Median sold price over the past 12 months is $161,000
  • Average market time is 95.2 days
  • Percentage of sold price to list price remains consistent at 97.5%
  • Closed sales up 2%

Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore and Associates. For questions regarding buying or selling contact Alyssa at 757-329-6161 or alyssagodwin@lizmoore.com. You can also find Alyssa on Facebook or on the web at www.lizmoore.com/alyssagodwin.