| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 23503 | $180,000 | -2.7% | $193,500 | $184,900 | - | Norfolk | $172,450 | +1.4% | $180,000 | $170,000 | - |
Norfolk, 23503 Market Trends
Today, December 21, 2009
Norfolk, 23503 Summary
The median sales price for homes in ZIP code 23503 for Sep 09 to Nov 09 was $180,000. This represents a decline of 7%, or $13,500, compared to the prior quarter and a decrease of 2.7% compared to the prior year. The median sales price of $180,000 for 23503 is 4.38% higher than the median sales price for Norfolk VA.
Average listing price for homes on Trulia in ZIP code 23503 was $320,612 for the week ending Dec 08, which represents an increase of 6.1%, or $18,308 compared to the prior week and an increase of 9.6%, or $28,006, compared to the week ending Nov 17. Average price per square foot for homes in 23503 was $140 in the most recent quarter, which is 45.74% lower than the average price per square foot for homes in Norfolk.
| Location | Week ending Dec 8 | w-o-w | Week ending Dec 1 | Week ending Nov 24 | Week ending Nov 17 |
|---|---|---|---|---|---|
| 23503 | $320,612 | +6.1% | $302,304 | $301,799 | $292,606 | Norfolk | $305,582 | +1.1% | $302,378 | $299,484 | $298,683 |
| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 23503 | $140 | -26.7% | $135 | $191 | - | Norfolk | $258 | +89.7% | $143 | $136 | - |
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Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.
Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.
Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown. |
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