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

Andy Hubba
757-515-3028

Suffolk Market Report

$297,140

AVERAGE PRICE OF 1,273 HOMES

$216,820

AVERAGE PRICE OF 83 DISTRESSED HOMES

$2,007,863

AVERAGE PRICE OF 16 MULTI-MILLION DOLLAR HOMES

$358,323

AVERAGE PRICE OF 326 NEWLY BUILT HOMES

$364,906

AVERAGE PRICE OF 223 HOMES WITH A POOL

$273,062

AVERAGE PRICE OF 384 REDUCED PRICE HOMES

Average Home

Average Price $297,140
Avg Bedrooms 4.01 beds
Avg Bathrooms 3.44 baths

Average Price by Bedrooms

2 bedrooms $195,064
3 bedrooms $233,384
4 bedrooms $338,181
5 bedrooms $483,857
Suffolk Home Price Trends
  7/2018 6/2018 5/2018 4/2018 3/2018
Total Listings 1,277 1,279 1,242 1 1,171
Average Price $294,168 $297,394 $300,670 $535,000 $298,050
Avg Price Change -1.10% -1.10% -77.94% +79.50% -1.72%
Median Price $270,127 $270,055 $270,490 $535,000 $269,876
Med Price Change +0.03% -0.16% -97.79% +98.24% -0.43%
Avg Bedrooms 4 beds 4.02 beds 4.03 beds 5 beds 3 beds
Avg Bathrooms 3.44 baths 3.46 baths 3.47 baths 5 baths 2.38 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Kings Fork 564 $293,594 117 days
Lakeland 289 $266,387 144 days
Nansemond River 391 $325,305 134 days
Other High School 2 $272,000 5 days
Western Branch 1 $525,000 41 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,273 $297,140 132 days
Distressed Homes 83 $216,820 121 days
Multi-Million Dollar Homes 16 $2,007,863 372 days
Newly Built Homes 326 $358,323 111 days
Homes with a Pool 223 $364,906 114 days
Reduced Price Homes 384 $273,062 155 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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