"In September, home prices rose slightly from the month before, with a median listing price of $453,475. The number of listings on the market shrank 1.8% from last month, which is a bigger decrease than normal for this time of the year in Virginia Beach, and homes are also selling slower than at the same time last year. Home prices in Virginia Beach Typically, home price per square foot in Virginia Beach tend to fall in September."
"Virginia Beach inventory In September, there were 864 homes for sale in Virginia Beach, which was 1.8% less than the month before and 6.1% more than the same time last year. Meanwhile, active inventory across the nation rose by 0.2% from last month to 1,100,407. Time on market Homes in Virginia Beach take an average of 36 days to sell, according to September figures. This is one day more than the previous month and two days more than the same month last year."
Median listing price in September was $453,475, representing a slight month-over-month increase. The number of listings fell 1.8% from the previous month, a steeper-than-normal decline for the season in Virginia Beach, while inventory remains 6.1% higher than a year earlier with 864 homes for sale. Price per square foot in Virginia Beach decreased 0.1% month-over-month, smaller than the national decrease of 0.8%. Homes averaged 36 days on market in September, one day longer than the prior month and two days longer than a year ago, compared with a national average of 62 days on market.
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