| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Northwest | $183,500 | -8.3% | $204,500 | $200,000 | $160,000 | Virginia Beach | $225,000 | -4.3% | $241,000 | $235,000 | $185,000 |
The median sales price for homes in Northwest for Sep 09 to Nov 09 was $183,500. This represents a decline of 10.3%, or $21,000, compared to the prior quarter and a decrease of 8.3% compared to the prior year. Sales prices have appreciated 14.7% over the last 5 years in Northwest, Virginia Beach.
The median sales price of $183,500 for Northwest is 18.44% lower than the median sales price for Virginia Beach VA. Average listing price for homes on Trulia in Northwest was $421,800 for the week ending Dec 02, which represents an increase of 1.6%, or $6,759 compared to the prior week and an increase of 1.1%, or $4,643, compared to the week ending Nov 11. Average price per square foot for homes in Northwest was $139 in the most recent quarter, which is 5.44% lower than the average price per square foot for homes in Virginia Beach.
| Neighborhood | Week ending Dec 2 | w-o-w | Week ending Nov 25 | Week ending Nov 18 | Week ending Nov 11 |
|---|---|---|---|---|---|
| Northwest | $421,800 | +1.6% | $415,041 | $414,819 | $417,157 | Virginia Beach | $469,725 | +1.2% | $464,272 | $462,802 | $462,539 |
| Neighborhood | Sep - Nov '09 | y-o-y | 3 months prior | 1 year prior | 5 years prior |
|---|---|---|---|---|---|
| Northwest | $139 | -5.4% | $170 | $147 | $122 | Virginia Beach | $147 | -5.2% | $154 | $155 | $132 |
| Neighborhoods | Week ending Dec 2 |
w-o-w | Week ending Nov 25 |
Week ending Nov 18 |
|---|---|---|---|---|
| Northwest | 1 | — | 1 | 1 |
| North Central | 2 | — | 2 | 2 |
| US Navy Little Creek Amphibious Base | 3 | — | 3 | 3 |
Market Trends
Fair Housing and Equal Opportunity
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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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