real estate market watch

Real Estate Market Watch – April 2014

Real Estate Market Watch – April 2014

The Peninsula real estate market for April 2014: Months supply of inventory is 5.9 months Median sold price has decreased 11.5% over the last 12 months to $156,750 Average market time is down just slightly to 93 days Percentage of sold price to list price is 97.07% Closed sales up 4%! Despite the declining sales price, more […]

Real Estate Inventory is Low – Great Time to Sell!!

Real Estate Inventory is Low – Great Time to Sell!!

Across Virginia, low housing inventory has become a common problem.  With the upswing in our economy, many buyers have come out of their shell and are ready to purchase a home.  The problem is, there aren’t enough homes are available!  Low inventory is causing a trend – new listings are often bombarded with showings and […]

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