Virginia Beach Home Search Virginia Beach Featured listings Virginia Beach Home Value Virginia Beach New Home Listings


by: Dave.Macklin on Mar 19, 2008 @ 10:55 am     Leave a comment »

Virginia Beach real estate (residential sales) dropped by 4 percent in February compared to February 2007, causing the average market time to increase 17 percent, from 65 days to 76 days. The median price decreased 4 percent, while the average sale price remained relatively unchanged at $304,539.

Virginia
Beach

Sold
Listings

Median
Price

Average
Sale
Price

Average Days
On Market

 Feb 2008

421

$246,000

$304,539

76

Feb 2007

570

$235,000

$304,146

65

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

Interested in knowing what your home is worth? Visit HRHouseValue.com. 

Statistics compiled from Real Estate Information Network. They are deemed reliable, but not guaranteed. 

Related posts:
Hampton Roads & Virginia Beach Real Estate Market Trends

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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.