Market report, updated

Market Report

Search in the city of Southwest 2 Virginia Beach

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

Average price, last 12 months

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

List · $402K Sold · $402K
$450K$420K$390K$360K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 80 sales in Jul. Last month: 58.

Where the market stands

All homes in this report, by status.

546homes
Active133 · 24%
Under contract21 · 4%
Sold (6 mo)392 · 72%

Buyer's or seller's market?

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

2.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$411K
Under contract$410K
Sold$404K

Average days on market

Active39 days
Under contract53 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 133
Average list price $410,936
Avg. days on market 39 days
Avg. price per ft² $228 Based on 131 of 133 homes
Avg. living area 1,885 ft²
Avg. beds / baths 3.3 / 2.2

Price vs. living area

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

1 home is larger or pricier than this chart’s scale and isn’t shown.

$900K$600K$300K$0

Price vs. living area: 132 homes plotted, up to $900K and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

2 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

4897 Bonney Road$1,089
5221 Bonneydale Road$363
704 Lord Nelson Dr$315
5109 Egton Court$307
753 Churchill Drive$302
4985 Ruth Road$301
951 Fairborn Circle$296

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1447 Deerpond LaneSouthwest 2 Virginia Beach, VA 23464 221,014$200,000$1973 days
400 Surf Scoter CourtSouthwest 2 Virginia Beach, VA 23462 11.1759$154,900$2043 days
4872 Fountain Hall DriveSouthwest 2 Virginia Beach, VA 23464 321,364$395,000$2893 days
4739 Eldon CourtSouthwest 2 Virginia Beach, VA 23462 32.11,520$333,000$2192 days
653 Edwin DriveSouthwest 2 Virginia Beach, VA 23462 331,969$484,900$2463 days
1413 Deerpond LaneSouthwest 2 Virginia Beach, VA 23464 21977$179,900$1843 days
912 Buckhurst LaneSouthwest 2 Virginia Beach, VA 23462 43.12,200$380,000$1723 days
800 Churchill DriveSouthwest 2 Virginia Beach, VA 23464 321,700$444,900$2614 days
1342 Hafford RdSouthwest 2 Virginia Beach, VA 23464 32.11,404$300,000$2133 days
4704 Orchard LaneSouthwest 2 Virginia Beach, VA 23464 42.12,241$400,000$1785 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.