If you need assistance, please call 757-425-6060

Andy Hubba
757-515-3028

Suffolk Market Report

$302,454

AVERAGE PRICE OF 1,175 HOMES

$204,942

AVERAGE PRICE OF 77 DISTRESSED HOMES

$2,098,100

AVERAGE PRICE OF 18 MULTI-MILLION DOLLAR HOMES

$375,488

AVERAGE PRICE OF 324 NEWLY BUILT HOMES

$400,447

AVERAGE PRICE OF 106 HOMES WITH A POOL

$269,585

AVERAGE PRICE OF 346 REDUCED PRICE HOMES

Average Home

Average Price $302,454
Avg Bedrooms 4.02 beds
Avg Bathrooms 3.45 baths

Average Price by Bedrooms

2 bedrooms $190,477
3 bedrooms $234,151
4 bedrooms $337,101
5 bedrooms $490,211
Suffolk Home Price Trends
  9/2018 8/2018 7/2018 6/2018 5/2018
Total Listings 1,232 1,266 1,277 1,279 1,242
Average Price $303,981 $296,593 $294,168 $297,394 $300,670
Avg Price Change +2.49% +0.82% -1.10% -1.10% -77.94%
Median Price $275,963 $273,584 $270,127 $270,055 $270,490
Med Price Change +0.87% +1.28% +0.03% -0.16% -97.79%
Avg Bedrooms 4.03 beds 4.01 beds 4 beds 4.02 beds 4.03 beds
Avg Bathrooms 3.46 baths 3.45 baths 3.44 baths 3.46 baths 3.47 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kings Fork 513 $293,054 125 days
Lakeland 276 $269,832 149 days
Nansemond River 362 $328,927 153 days
Other High School 1 $265,000 70 days
Western Branch 1 $525,000 102 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,175 $302,454 168 days
Distressed Homes 77 $204,942 153 days
Multi-Million Dollar Homes 18 $2,098,100 378 days
Newly Built Homes 324 $375,488 123 days
Homes with a Pool 106 $400,447 138 days
Reduced Price Homes 346 $269,585 169 days
Exit Realty Professionals
629 Phoenix Drive #130
Virginia Beach, VA 23452
757-425-6060
Atlantic Bay Mortgage Group
600 Lynnhaven Parkway #100
Virginia Beach, VA 23452
www.atlanticbay.com


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