Norfolk, Virginia Beach, Chesapeake, Portsmouth, Suffolk: Virginia

East Beach - Norfolk - VA Market Report. Homes for Sale East Beach

East Beach  Market Report - Homes for sale in East Beach - Norfolk

Map of Comparable Market Analysis or Market Report  in East Beach - Norfolk - Virginia                                                           East Beach- Norfolk- Map of listings

 East Beach - Norfolk -  Virginia Market Report shows what we have seen in the region.  Houses are selling, as long as they are moderately priced and in great condition.  Above you can see the  Market report in East Beach - Norfolk as of February 4, 2010.  It appears that owners and builders in East Beach continue to over price their properties with the result of having a very high days on the market average.  This number doesn't include the expired or withdrawn listing. The average DOM for expireds in East Beach is 242. Once a house is re-listed the previous days on the market go back to zero. 

 

List price Vs. Sale price with Days on the Market for East Beach Norfolk

Blue: Days on the Market       Green: List Price           Red:  Sale Price

Notice that houses have been selling under the asking price, but this doesn't take in to consideration prior price reductions.  It olny takes in to account the asking price at the time of the offer.   In East Beach the price reductions have been very large.  For specific details feel free to give me a call.   The East Beach - Norfolk  - VA - Market Report doesn't include properties that were sold buy owner.  

I the past six months there have been: 
A total of  7 houses Sold, 15 Expired listings, a total of  8 houses under contract at the time of this report which is  good news to the neighborhood.  Of the 7 sold homes 4 are New construction, and of the Pending or under contract listings 5 are new construction.

There are a total of 40 active listings and the average days on the market is 144 days.  In East Beach - Norfolk VA this number is not quite accurate as homes that have never been on the open market are entered in to the system once they are sold.  The real number of DOM is much higher.

 

Statistics Reports of Expired and Withdrawn listings- Courthouse Estates- January to June 2009

To SELL or BUY  Real Estate in Virginia Beach, or Hampton Roads visit my website. http://www.tererottink.com/  visit my Blog at HamptonRoadsrealEstateVoice.com 

Call me at: 757-502-5324

Below are the properties available for sale in the Courthouse Estates neighborhood and and surrounding areas at this time. To view any of this homes contact me. To view all the listings available please visit my website

 

The opinions expressed on this report are my personal opinions, as I see the numbers in the neighbhorhood.  For more details feel free to contact me by email  at  Tere.Rottink@yahoo.com  or call me   757-502-5324 

East Beach  Market Report - Homes for sale in East Beach - Norfolk   was first published on Hampton Roads Real Estate Voice Copyright © 2010 By Tere Rottink, All Rights Reserved.*  East Beach  Market Report - Homes for sale in East Beach - Norfolk

Comment balloon 0 commentsTere Rottink • February 04 2010 01:34PM
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