VIRGINIA BEACH REAL ESTATE HOME PRICES

Hello Hampton Roads:

How are Virginia Beach Real Estate home prices doing?

According to the lastest MLS statistics for Virginia Beach Real Estate , home sales for August 2009 totaled 521 in number with a median sold price of $245,000. Current month's supply of inventory for Virginia Beach stands at 8.38 months.

Here is a breakdown for boththe median list and sold prices of homes by type for the month of August:

Detached Single Family Homes
Total # Sold: 307
Median Sold Price: $272,500
Median List Price: $279,900

Townhouses
Total # Sold: 110
Median Sold Price: $165,200
Median List Price: $169,900

Condos--Detached
Total # Sold: 19
Median Sold Price: $364,500
Median List Price: $349,900


Condos--Attached
Total # Sold: 85
Median Sold Price: $220,000
Median List Price: $227,500


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