Real Estate Market Watch – October 2015

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The Peninsula real estate market for October 2015 is continuing to show signs of improvement.

  • Months supply of inventory is at 6.9 months
  • Median sold price over the past 12 months has slightly improved to $174,900
  • Average market time is 90 days
  • Percentage of sold price to list price remains consistent at 97.66%
  • Closed sales way up at 9.5%!

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 alyssagodwin@lizmoore.com. You can also find Alyssa on Facebook or on the web at www.lizmoore.com/alyssagodwin.