| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 23518 | $182,500 | -10.3% | $208,750 | $203,400 | - | Norfolk | $173,000 | +1.8% | $180,000 | $170,000 | - |
Norfolk, 23518 Market Trends
Today, December 27, 2009
Norfolk, 23518 Summary
The median sales price for homes in ZIP code 23518 for Sep 09 to Nov 09 was $182,500. This represents a decline of 12.6%, or $26,250, compared to the prior quarter and a decrease of 10.3% compared to the prior year. The median sales price of $182,500 for 23518 is 5.49% higher than the median sales price for Norfolk VA.
Average listing price for homes on Trulia in ZIP code 23518 was $448,790 for the week ending Dec 16, which represents an increase of 1.4%, or $6,312 compared to the prior week and an increase of 11.9%, or $47,617, compared to the week ending Nov 25. Average price per square foot for homes in 23518 was $141 in the most recent quarter, which is 43.82% lower than the average price per square foot for homes in Norfolk.
| Location | Week ending Dec 16 | w-o-w | Week ending Dec 9 | Week ending Dec 2 | Week ending Nov 25 |
|---|---|---|---|---|---|
| 23518 | $448,790 | +1.4% | $442,478 | $432,416 | $401,173 | Norfolk | $307,548 | +0.5% | $305,905 | $302,962 | $299,800 |
| Location | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| 23518 | $141 | -3.4% | $148 | $146 | - | Norfolk | $251 | +84.6% | $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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