EXCITING NEWS!!! In this month's Hampton Roads Real Estate Market Update

If you're planning a move to the Hampton Roads area, my team and I are here to help. Call, text, or email any time.
Phone: 757.912.4440
Email: [email protected]
GET PRE-APPROVED: https://bit.ly/AmerisBankMortgage

Search Homes throughout Hampton Roads: www.DTRGVA.com

This month saw some very interesting stats in the Hampton Roads Real Estate Market as we prepare for summer. Housing prices continue to rise, as we saw a new all time high median sales price of $344,000. Days on market remain low, but not historically low, around 12. And then there's the big news, and that's that inventory is getting better with nearly 4000 homes on market at the end of April. This is double our low point a couple years ago, and is finally getting us to a point where inventory isn't absolutely killing us all. Of course there's a lot of variation in the numbers depending on what City/County you're in. Williamsburg and Virginia Beach are going to look a lot different than Hampton and Portsmouth, so our strategies will vary depending on your location and price point.

Reach out if you have any questions!

00:00 Introduction
00:36 Median Home Price
01:34 Interest Rate Prediction
02:16 Settled & Pending Sales
02:54 Housing Inventory
04:41 Days on Market
05:11 Individual City Stats
07:40 Outro