Virginia Beach Market Trends


Median Sales Price in Virginia Beach

 

1 yr 5 yr Max
Virginia Beach median sales prices
Number of sold homes in Virginia Beach
No. Bedrooms Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $175,000 -10.7% $197,480 $195,950 $160,000
2 bedrooms $145,500 -7.9% $145,900 $158,000 $176,285
3 bedrooms $223,000 +1.4% $204,893 $219,838 $230,000
4 bedrooms $300,000 -6.0% $279,900 $319,000 $294,950
All properties $242,000 -2.0% $225,000 $247,000 $245,000
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Summary for Virginia Beach


The median sales price for homes in Virginia Beach VA for Apr 14 to Jul 14 was $242,000. This represents an increase of 7.6%, or $17,000, compared to the prior quarter and a decrease of 2% compared to the prior year. Sales prices have depreciated 1.2% over the last 5 years in Virginia Beach. The average listing price for Virginia Beach homes for sale on Trulia was $388,066 for the week ending Jul 02, which represents a decline of 4.4%, or $17,922, compared to the prior week and an increase of 0.4%, or $1,726, compared to the week ending Jun 11. Average price per square foot for Virginia Beach VA was $148, a decrease of 0.7% compared to the same period last year. Popular neighborhoods in Virginia Beach include Northwest, North Central, Dams Neck Naval Air Station, US Navy Little Creek Amphibious Base, and Oceana Naval Air Station.

Average Listing Price in Virginia Beach

 

Virginia Beach average property price
Virginia Beach – number of properties
No. Bedrooms Week ending
Jul 2
w-o-w Week ending
Jun 25
Week ending
Jun 18
Week ending
Jun 11
1 bedroom $162,993 -33.4% $244,712 $159,405 $155,895
2 bedrooms $200,450 -1.7% $203,849 $201,124 $199,437
3 bedrooms $279,802 -3.6% $290,384 $276,998 $280,285
4 bedrooms $423,109 -3.1% $436,456 $427,194 $428,412
All properties $388,066 -4.4% $405,988 $388,901 $386,340
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Average Price Per Sqft. for Homes in Virginia Beach

 

1 yr 5 yr Max
Virginia Beach average price per square foot
No. Bedrooms Apr - Jul '14 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom $212 -15.2% $166 $250 $249
2 bedrooms $138 -7.4% $128 $149 $159
3 bedrooms $151 +4.9% $136 $144 $155
4 bedrooms $145 -5.2% $140 $153 $141
All properties $148 -0.7% $139 $149 $153
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Popular Neighborhoods in Virginia Beach


Neighborhoods Week ending
Jul 2
w-o-w Week ending
Jun 25
Week ending
Jun 18
Northwest 1 1 1
North Central 2 2 2
Dams Neck Naval Air Station 3 3 3
US Navy Little Creek Amphibious Base 4 4 4
Oceana Naval Air Station 5 -5
Homes for Sale in Virginia Beach
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