A market dip ?

In this week’s report, the number of homes sold in the Virginia Beach market fell to 306 over the past 30 days, a decrease of 9.7% from last week’s report. In comparison, nearby Chesapeake had 189 sales in the samIn this week’s report, the number of homes sold in the Virginia Beach market fell to 306 over the past 30 days, a decrease of 9.7% from last week’s report. In comparison, nearby Chesapeake had 189 sales in the same time frame, the most of all neighboring cities. Prices are rising in Virginia Beach, and the median sales price this period increased from $233,500 to $244,190. Virginia Beach is a solid buyer’s market, due to a big eight months of inventory left and aided by the dip in sales.e time frame, the most of all neighboring cities. Prices are rising in Virginia Beach, and the median sales price this period increased from $233,500 to $244,190. Virginia Beach is a solid buyer’s market, due to a big eight months of inventory left and aided by the dip in sales.

Soure HOMESNAP 2/3/16 report

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