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Virginia Beach Real Estate Statistics May 2008 versus May 2007 Actives

by Dennis Blackmore on June 20, 2008

in Main category, Real Estate, market reports

Statistics for Virginia Beach Detached and Attached Real Estate Homes for the month
of May 2008 are available below. Also, the Virginia Beach  real estate
statistics compare both 2007 and 2008.

This allows you to view changes in units on the Virginia Beach, VA real
estate market, Median List Price, Average List Price, percent change in Units,
and percent change in average list price.

Directly below this current month are the previous months real estate statistics that you can use for a year
to year comparison.

Remember, list prices are just that…….what is offered towards the
active listing price, what is offered  in
closing cost assistance, and other items are not reflected in the below numbers
for Virginia Beach real estate.

For example, a seller may offer closing cost assistance which greatly helps
the buyer get into the home
and a builder may offer upgrades or financing incentives.  The Virginia Beach real estate Buyer continues to be in the “driver’s seat”.
Real Estate inventory remains high which translates into some very good
deals.

I Make Home Ownership for Military a Real-estate-al-i-ty – Virginia Beach and Hampton Roads Military Incentives here

Useful Virginia Beach, VA real estate and home ownership information:

January Statistics here

Virginia Beach, VA School Report Cards

Virginia Beach, VA Government Information

Virginia Beach Area Information here

Real Estate Statistics for Virginia Beach, VA  May 2007 and
May 2008
2007 May 2008 May
Units Virginia Beach Median List Avg List Units Virginia Beach Median List Avg List % change in Units 2007-2008 % change Avg  LP 2007-2008
3688 354,900 486,228 3962 325,000 470,478 7.43 -3.24%
Real Estate Statistics for Virginia Beach, VA  April 2007
and April 2008
2007 April 2008 April
Units Virginia Beach Median List Avg List Units Virginia Beach Median List Avg List % change in Units 2007-2008 % change Avg  LP 2007-2008
3431 360,000 495,945 3854 325,000 473,933 12.33 -4.44%
Real Estate Statistics for Virginia Beach, VA  March 2007
and March 2008
2007 March 2008 March
Units Virginia Beach Median List Avg List Units Virginia Beach Median List Avg List % change in Units 2007-2008 % change Avg LP 2007-2008
3217 $369,000 $498,110 3701 $325,000 $468,428 15.05% -5.96%
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