Real Estate Market Watch – June 2014

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The Peninsula real estate market for June 2014:

  • Months supply of inventory is 5.9 months
  • Median sold price has improved 13.4% over last June to $188,217
  • Average market time has dropped over the past 30 days to 102 days
  • Percentage of sold price to list price is 98.15%
  • Closed sales down 5%!

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.