Better Homes & Gardens Real Estate

Virginia Beach, VA

Single-Family Homes

SeeVirginiaBeachVaHomes.com Admin@Yourfriendlyagent.net 757-654-5059



Virginia Beach, VA

Sun Apr 11 2021
This week the median list price for Virginia Beach, VA is $419,999 with the market action index hovering around 65. This is an increase over last month's market action index of 61. Inventory has held steady at or around 410. Click here to stay informed with the Virginia Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Virginia Beach, VA

Sun Apr 11 2021
This week the median list price for Virginia Beach, VA is $419,999 with the market action index hovering around 65. This is an increase over last month's market action index of 61. Inventory has held steady at or around 410. Click here to stay informed with the Virginia Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Virginia Beach market.
Median List Price $419,999
Per Square Foot $199
Days on Market 14
Price Decreased 10%
Price Increased 4%
Relisted 5%
Inventory 410
Median Rent $2,025
Most Expensive $11,800,000
Least Expensive $110,000
Market Action 65
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,147,450 3,767 0.5 - 1 acre 5 4 28 17 11 38
$508,500 2,568 0.25 - 0.5 acre 4 3 27 32 32 7
$350,000 1,903 8,000 - 10,000 sqft 4 2 37 39 33 7
$267,000 1,400 6,500 - 8,000 sqft 3 2 47 32 31 14