Sandbridge Real Estate Net

Hampton Roads Home Sales up in Q4 2014

Across Hampton Roads, home sales seem to be rebounding in the past quarter. In comparison to 2013, Realtors have sold about 2.3% more homes across Hampton Roads. In the bigger scheme of things, there was an overall 4.9% increase in real estate sales in comparison to Quarter 4 of 2013. Hampton Roads includes Newport New, Hampton, Poquoson, Williamsburg, Norfolk, Chesapeake, Virginia Beach, Suffolk, Portsmouth, the Middle Peninsula, the Eastern Shore, and James City and York counties. The median price for homes in Hampton Roads was $206, 925 during the 4th quarter of 2014, which is up 4% from quarter 4 2013.

This may signal more consumer confidence and was a great way to finish 2014.

Read the full article below:

http://www.dailypress.com/business/dp-nws-home-sales-0128-20150127-story.html

This entry was posted on Wednesday, February 11th, 2015 at 10:00 am and is filed under Buyers, Local News, Monthly Statistics. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.