Hampton Roads Market Report

---

Hampton Roads Market Report June 12, 2018

Months Supply of Housing

2,744

14 12 10 8 6 4 2 0

Homes Sold in May Up 12% from last month Up 6.1% year over year

$265,714

Average Sales Price Up 1% year over year Months Supply 0-3 months 3-5 months 5-8 months 8-12 months 12+ months

Status Seller's Market

Average Price Per Square Foot

High Appreciation

30

Moderate Appreciation Balanced Buyer's Market

$134

Price Trend

Flat pricing Moderate Depreciation High Depreciation

Median Days on Market Down 12% year over year

No Sales in the last 6 months

Total Homes Sold 3,000

50% Percent of sold homes selling within 30 days of list date

2,500 2,000 1,500 1,000 500 0

10,032 Total Active Residential Listings Up 3.2% from last month Down 7.8% year over year

3,239 Homes currently under contract Up 2.1% from last month

*Market Data Courtesy of REIN . Analysis by Rose and Womble. Deemed accurate but not guaranteed.