Market report, updated

Market Report

Search in the city of Southwest 1 Virginia Beach

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Report prepared by Sarahmartinrealtyva.com 1st Class Real Estate Flagship

Market at a glance

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $464K Sold · $464K
$470K$440K$410K$380K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 57 sales in Jul. Last month: 25.

Where the market stands

All homes in this report, by status.

377homes
Active98 · 26%
Under contract20 · 5%
Sold (6 mo)259 · 69%

Buyer's or seller's market?

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

2.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

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

Average price by status

Active$453K
Under contract$330K
Sold$422K

Average days on market

Active51 days
Under contract58 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 98
Average list price $453,160
Avg. days on market 51 days
Avg. price per ft² $229
Avg. living area 2,081 ft²
Avg. beds / baths 3.5 / 2.1

Price vs. living area

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

1 home is larger or pricier than this chart’s scale and isn’t shown.

$1.5M$1M$500K$0

Price vs. living area: 97 homes plotted, up to $1.5M and 9,000 ft².

0 ft²3,0006,0009,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

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

Highest price per ft²

Top 7 homes in this status.

5465 Indian River Road$1,180
1116 Milissa Court$343
317 Pensive Court$333
5508 Landings Crest$295
748 Avalon Avenue$291
5836 Woodstock Point$290
3209 Milissa Street$289

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
344 Citation DriveSouthwest 1 Virginia Beach, VA 23462 421,603$415,000$2582 days
401 Carolanne Point CircleSouthwest 1 Virginia Beach, VA 23462 432,400$485,000$2022 days
1025 Sunnyside DriveSouthwest 1 Virginia Beach, VA 23464 431,929$439,999$2282 days
629 Ben Bow DriveSouthwest 1 Virginia Beach, VA 23464 52.12,829$560,000$1972 days
3209 Milissa StreetSouthwest 1 Virginia Beach, VA 23464 421,381$400,000$2893 days
5580 New Colony DriveSouthwest 1 Virginia Beach, VA 23464 31.11,432$300,000$2093 days
808 Silvercrest Ln LaneSouthwest 1 Virginia Beach, VA 23464 31.11,668$350,000$2093 days
233 Coventry RoadSouthwest 1 Virginia Beach, VA 23462 531,708$450,000$2633 days
685 Lord Dunmore DriveSouthwest 1 Virginia Beach, VA 23464 42.12,312$525,000$2273 days
228 Miami RoadSouthwest 1 Virginia Beach, VA 23462 41.21,750$415,000$2375 days
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Questions about this market?

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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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.