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June 2013 HRVA market report

June 2013 Highlights

 Listings

Residential active listings decreased 4.53% year-over-year to 11,010 (June 2013) from 11,532 (June 2012).

 Under Contract (Pending) Residential Sales

Total residential under contract sales increased by 11.93% when compared to June 2012 (2,054 vs. 1,835).

 Sales

Total property sales and total residential sales increased when compared to June 2012, showing increases of

8.12% and 8.90% respectively.

 Inventory

There is currently a 6.47 months’ supply of inventory of residential homes on the market in all of Hampton Roads,

 

a decrease from last month (6.58) and down 13.04% from June last year when it was 7.44 months.


Alison Creamer, Realtor, ABR, CDPE
Direct 757.652.8880
Licensed to sell Real Estate in Virginia
Keller Williams Realty
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Sell Hampton Roads Homes

 

 

Comment balloon 0 commentsAlison Creamer • July 11 2013 06:07AM
June 2013 HRVA market report
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June 2013 Highlights Listings Residential active listings decreased 4. 53% year-over-year to 11, 010 (June 2013) from 11, 532 (June 2012). Under Contract (Pending) Residential Sales Total residential under contract sales… more