Market report, updated

Market Report

Search in the city of South Chesapeake

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 · $518K Sold · $518K
$560K$530K$500K$470K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 284 sales in Jul. Last month: 159.

Where the market stands

All homes in this report, by status.

2,183homes
Active636 · 29%
Under contract182 · 8%
Sold (6 mo)1,365 · 63%

Buyer's or seller's market?

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

2.8months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$554K
Under contract$556K
Sold$521K

Average days on market

Active70 days
Under contract77 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 636
Average list price $554,316
Avg. days on market 70 days
Avg. price per ft² $650
Avg. living area 2,411 ft²
Avg. beds / baths 3.7 / 2.4

Price vs. living area

Each dot is one of the 250 newest homes. Hover a dot for its address, click it to see the home.

13 homes didn’t report living area and aren’t shown.

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

$1.5M$1M$500K$0

Price vs. living area: 236 homes plotted, up to $1.5M 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.

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

Highest price per ft²

Top 7 homes among the newest.

1004 Saint Brides Road W$655
1016 Cedar Tree (Squire On Homesite 4) Court$374
2150 Edwin Drive$346
2152 Edwin Drive$346
3616 Riverwood Crescent$340
203 Hessian Loop$335
2907 Seven Eleven Road$333

All active listings (636)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
609 Saber DriveSouth Chesapeake, VA 23322 42.13,200$550,000$1711 day
2517 Number Ten LaneSouth Chesapeake, VA 23323 43.12,941$859,900$2920 days
2166 Edwin DriveSouth Chesapeake, VA 23322 332,642$597,740$2260 days
2164 Edwin DriveSouth Chesapeake, VA 23322 332,642$597,740$2260 days
2162 Edwin DriveSouth Chesapeake, VA 23322 231,986$563,740$2830 days
2716 Thomas StreetSouth Chesapeake, VA 23323 42.12,412$425,000$1760 days
303 Diamond AvenueSouth Chesapeake, VA 23323 321,500$325,000$2161 day
543 Bright Red RunSouth Chesapeake, VA 23323 32.11,776$399,900$2251 day
636 Appalachian CourtSouth Chesapeake, VA 23320 32.11,850$535,000$2891 day
208 Leicester CourtSouth Chesapeake, VA 23322 534,160$760,000$1821 day
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Questions about this market?

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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.