June 2013 Highlights
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).
Total property sales and total residential sales increased when compared to June 2012, showing increases of
8.12% and 8.90% respectively.
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.