Market report, updated

Market Report

Search in the county of Virginia Beach VA

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 · $502K Sold · $502K
$600K$560K$520K$480K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 681 sales in Jun. Last month: 419.

Where the market stands

All homes in this report, by status.

4,958homes
Active1,368 · 28%
Under contract268 · 5%
Sold (6 mo)3,322 · 67%

Buyer's or seller's market?

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

2.4months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$706K
Under contract$590K
Sold$550K

Average days on market

Active64 days
Under contract60 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 1,368
Average list price $705,941
Avg. days on market 64 days
Avg. price per ft² $299
Avg. living area 2,194 ft²
Avg. beds / baths 3.4 / 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.

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

$3M$2M$1M$0

Price vs. living area: 247 homes plotted, up to $3M 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.

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

Highest price per ft²

Top 7 homes among the newest.

4004 Atlantic Avenue Unit CS4$985
2732 Sandfiddler Road$976
207 81st Street$940
3234 Sandpiper Rd Road$912
114 58th Street$819
8408 Ocean Front Avenue Unit A$746
4004 Atlantic Ave., Unit 905 Avenue$689

All active listings (1,368)

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
5497 Port Royal DriveNorthwest Virginia Beach, VA 23462 32.11,550$319,900$2060 days
1816 N Alanton DriveNortheast Virginia Beach, VA 23454 523,371$2,200,000$6520 days
1120 Balch PlaceSoutheast Virginia Beach, VA 23454 321,092$384,900$3520 days
4545 Commerce Street Unit 2401Northwest Virginia Beach, VA 23462 32.12,315$798,500$3440 days
728 Abbey ArchNorthwest Virginia Beach, VA 23455 332,300$582,500$2530 days
2113 Scotland StreetSouth Central 2 Virginia Beach, VA 23456 32.12,000$499,900$2490 days
3240 Page Avenue Unit 203Northeast Virginia Beach, VA 23451 221,850$725,000$3910 days
1101 N Inlynnview RoadNortheast Virginia Beach, VA 23454 42.13,000$995,000$3310 days
557 Susan Constant DriveNortheast Virginia Beach, VA 23451 544,000$1,600,000$4000 days
228 Miami RoadSouthwest 1 Virginia Beach, VA 23462 41.21,750$415,000$2370 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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