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Ocean Lakes Home Values and Market Report

Search in the subdivision of Ocean Lakes

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Timshires.com
Report prepared by Timshires.com Howard Hanna
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Market at a glance

Over the last 12 months, homes sold for 100.0% of list price in 6 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $411K Sold · $411K
$530K$480K$430K$380K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 27 sales in May. Last month: 7.

Where the market stands

All homes in this report, by status.

172homes
Active21 · 12%
Under contract7 · 4%
Sold (12 mo)144 · 84%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

1.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

Homes are selling quickly, which favors sellers in this market.

Average price by status

Active$402K
Under contract$426K
Sold$416K

Average days on market

Active40 days
Under contract41 days
Sold6 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 21
Average list price $402,134
Avg. days on market 40 days
Avg. price per ft² $266
Avg. living area 1,525 ft²
Avg. beds / baths 3.1 / 2.0

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

$600K$400K$200K$0

Price vs. living area: 21 homes plotted, up to $600K and 3,000 ft².

0 ft²1,0002,0003,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

Highest price per ft²

Top 7 homes in this status.

1757 Kitimal Drive$355
1145 Gauguin Drive$334
871 Avatar Drive$326
1269 Brahms Drive$325
1136 Gauguin Drive$321
1877 Scarlotti Court$316
901 Pendergrass Court$304

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1804 Bernstein DriveSoutheast Virginia Beach, VA 23454 421,708$470,000$2752 days
1729 Purchase ArchSoutheast Virginia Beach, VA 23454 32.11,500$360,000$2404 days
1781 Unicorn DriveSoutheast Virginia Beach, VA 23454 32.11,500$359,000$2397 days
1136 Gauguin DriveSoutheast Virginia Beach, VA 23454 321,320$424,900$3217 days
871 Avatar DriveSoutheast Virginia Beach, VA 23454 321,224$399,900$32615 days
1536 Sword Dancer DriveSoutheast Virginia Beach, VA 23454 32.11,692$360,000$21224 days
817 Quesnel DriveSoutheast Virginia Beach, VA 23454 32.11,616$349,000$21525 days
4434 Flagship Ave Se Unit # 2Southport, NC 28461 331,398$245,000$17534 days
1145 Gauguin DriveSoutheast Virginia Beach, VA 23454 321,345$450,000$33434 days
1877 Scarlotti CourtSoutheast Virginia Beach, VA 23454 321,263$399,900$31639 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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Next steps

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Some listings may be duplicated in the search results due to the co-mingling of listings from more than one multiple listing service. Should there be different listing information between the duplicated listings; user is advised to verify the accuracy of the listing information before making any financial decisions.

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