Real Estate Market Watch – July 2014
The Peninsula real estate market for July 2014:
- Months supply of inventory is 7.0 months
- Median sold price has held steady at 2.0% to $295,000
- Average market time has dropped to 56 days!
- Percentage of sold price to list price is 97.9%
- Closed sales down 6.1%
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.