Market report, updated

Market Report

Search in the city of Northwest 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 · $416K Sold · $416K
$510K$450K$390K$330K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 104 sales in May. Last month: 88.

Where the market stands

All homes in this report, by status.

781homes
Active220 · 28%
Under contract38 · 5%
Sold (6 mo)523 · 67%

Buyer's or seller's market?

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

2.5months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$576K
Under contract$437K
Sold$459K

Average days on market

Active47 days
Under contract67 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 220
Average list price $575,712
Avg. days on market 47 days
Avg. price per ft² $272 Based on 218 of 220 homes
Avg. living area 1,971 ft² Based on 218 of 220 homes
Avg. beds / baths 3.2 / 2.2

Price vs. living area

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

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

4 homes are larger or pricier than this chart’s scale and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 214 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.

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

Highest price per ft²

Top 7 homes in this status.

4545 Commerce Street Unit 3701$1,500
4434 Gulls Quay$593
3789 Jefferson Boulevard$590
3558 Shore Drive Unit 1008$563
4545 Commerce Street Unit 3501$563
4545 Commerce Drive Unit 3206$531
3800 Dupont Circle Unit 505$492

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
818 Dora CourtNorthwest Virginia Beach, VA 23462 22863$210,000$2431 day
532 Lavender LaneNorthwest Virginia Beach, VA 23462 421,242$364,900$2930 days
5436 Davis WayNorthwest Virginia Beach, VA 23462 321,295$382,500$2950 days
5025 Sancillio DriveNorthwest Virginia Beach, VA 23455 31912$315,000$3450 days
5509 Taylors Walke LaneNorthwest Virginia Beach, VA 23462 32.11,712$359,900$2100 days
5621 Norlina RoadNorthwest Virginia Beach, VA 23455 321,220$325,000$2661 day
5016 Westgrove RoadNorthwest Virginia Beach, VA 23455 421,430$345,000$2411 day
541 Brian AvenueNorthwest Virginia Beach, VA 23462 311,236$224,900$1811 day
845 Saint Martin DriveNorthwest Virginia Beach, VA 23455 432,054$475,000$2311 day
5497 Port Royal DriveNorthwest Virginia Beach, VA 23462 32.11,550$319,900$2061 day
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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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