1. No category

Hampton Roads Real Estate Market Report June 9, 2015
Homes sold in May = 2,127. Up 9.0% month over month. Up 7.2% yr over yr.
There are currently 3,042 sales pending , up 3.5% month over month.
Total Homes Sold
2500
2000
1500
1000
500
0
13,000
12,500
12,000
11,500
11,000
10,500
10,000
9,500
9,000
8,500
8,000
Total Residential Properties for
Sale
Overall Months Supply of Inventory
8.5
8
7.5
7
6.5
6
5.5
5
4.5
4
City By City Inventory Absorption Rate in Months
June-15
Price Range ($000's) Chesapeake Hampton Newport Norfolk Portsmouth Suffolk
News
Less Than 100
3.6
5.4
6.2
4.1
5.3
5.2
101-150
4.8
8.1
5.7
6.4
11.3
5.6
151-200
5.1
8.6
6.8
7.9
9.8
6.2
201-250
4.0
7.8
9.6
7.3
10.0
6.5
251-300
4.7
14.2
12.6
6.8
16.5
6.9
301-350
6.9
8.9
21.5
8.8
9.4
9.2
351-400
11.2
10.2
12.0
13.0
18.0
18.7
401-500
10.8
38.4
7.0
12.0
10.5
19.8
501-600
11.2
90.0
12.0
13.4
0.0
27.8
601-700
33.0
21.0
0.0
32.6
6.0
26.4
701-800
6.0
0.0
3.0
12.6
0.0
42.0
801-900
18.0
18.0
0.0
27.0
0.0
12.0
901-1000
0.0
0.0
0.0
10.8
0.0
0.0
1M-2M
0.0
0.0
0.0
66.0
0.0
0.0
0.0
0.0but not guaranteed.
0.0
0.0
0.0
*Data courtesy2M+
of REIN. Analysis by Rose and0.0
Womble. Information
deemed accurate
0-3 Months of Inventory
3-5 Months of Inventory
5-8 Months of Inventory
8-12 Months of Inventory
12+ Months of Inventory
*Market Data courtesy of REIN, analysis by Rose
and Womble. Deemed accurate but not guaranteed.
Copyright 2015 All Rights Reserved
Extreme Seller's Market
Normal Seller's Market
Balanced Market
Normal Buyer's Market
Extreme Buyer's Market
Virginia
Beach
3.4
3.0
4.5
4.3
4.6
4.6
6.4
7.9
10.8
10.1
17.3
16.2
18.0
22.7
38.4
High Appreciation
Moderate Appreciation
Flat
Moderate Depreciation
High Depreciation