Our commitment is to keep you up to date on the real estate market in Virginia Beach, Chesapeake, and Hampton Roads.
We have just added a new feature – Dynamic Market Real Estate Reports which update regularly.
This is a great real estate feature for Virginia Beach, Chesapeake, and Hampton Roads residents as well as potential home buyers relocating to this area.
The Virginia Pilot reported that Virginia Beach and Hampton Roads real estate prices rose for the month of March 2009. Typically, the spring period brings out more buyers.
The median sale price in Hampton Roads in March was $214,000 up 7 percent from $200,000 in February. However, that is down 4.3 percent from median of $223,000 a year ago.
Increased Sales: As reported by the Real Estate Information Network, 799 homes sold in March, up 38percent from February. For the same period last year the increase was about 25 percent.
Average market time was 95 days up from 86 days a year ago.
Old Dominion University Economist James Koch predicts that real estate prices will remain stable through summer.
The following are recent real estate sales prices for Heron Ridge homes (solds and actives) located in Virginia Beach, VA.
Heron Ridge Real Estate
Heron Ridge is a custom home neighborhood off Seaboard Road. Located in the Southern section of Virginia Beach, VA. not far from Sandbridge Beach or the Municipal Center
Heron Ridge is a Golf Course Community with homes located adjacent to fairways and separate streets nearby. Read the rest of this entry »
Entries (RSS)