Real Estate Market Watch – May 2015

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The Peninsula real estate market for May 2015:

  • Months supply of inventory is down to 6.9 months
  • Median sold price over the past 12 months is up slightly to $168,000
  • Average market time is 96.3 days
  • Percentage of sold price to list price remains consistent at 97.15%
  • Closed sales way up at 3.2%

If you have questions about the local Hampton Roads real estate market, give me a call today!

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 You can also find Alyssa on Facebook or on the web at