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by: Dave.Macklin on Feb 25, 2008 @ 12:02 am     Leave a comment »

Chesapeake residential home sales decreased in January, compared to January 2007, by 22 percent, with market times increasing 28 percent. The median price decreased 2 percent, as the average sales price decreased 4 percent to $289,581.  

Chesapeake

Sold
Listings

Median
Price

Average
Sale Price

Average Days
On Market

Jan 2008

171

$259,900

$289,581

82

Jan 2007

218

$266,500

$300,595

65

Now is a GREAT time to be buying a Chesapeake home. To learn more about Chesapeake VA real estate, please contact us at 866-222-0158 #550 or visit ButlerTeamHomes.com. To begin searching for Chesapeake homes for sale, please use our complimentary MLS search

Also read Virginia Beach market report and Chesapeake homes for sale.

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To begin your search for the perfect home or to sell your home in the Virginia Beach area,
call Dave Macklin and The Butler Team at 866-222-0158 #550.