According to Zillow, the median sales price for homes in Virginia Beach VA for Sep 14 to Dec 14 was $235,000. This represents a decline of 6%, or $14,900, compared to the prior quarter and a decrease of 1.1% compared to the prior year. Sales prices have appreciated 2.2% over the last 5 years in Virginia Beach. The average listing price for Virginia Beach homes for sale on Trulia was $387,084 for the week ending Dec 10, which represents an increase of 0.3%, or $1,129, compared to the prior week and an increase of 2.2%, or $8,343, compared to the week ending Nov 19. Average price per square foot for Virginia Beach VA was $149, a decrease of 50.8% 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 Northeast.
Average price per square foot for Chesapeake VA was $126, an increase of 4.1% compared to the same period last year. The median sales price for homes in Chesapeake VA for Sep 14 to Dec 14 was $235,000 based on 409 home sales. Compared to the same period one year ago, the median home sales price increased 0%, or $0, and the number of home sales decreased 44.1%. There are currently 2,050 resale and new homes in Chesapeake on Trulia, including 3 open houses, as well as 242 homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. The average listing price for homes for sale in Chesapeake VA was $285,450 for the week ending Dec 10, which represents a decrease of 0.8%, or $2,397, compared to the prior week. Popular neighborhoods in Chesapeake include Greenbrier West and Great Bridges, with average listing prices of $242,924 and $320,736.
The average listing price for Norfolk homes for sale on Trulia was $246,103 for the week ending Dec 10, which represents a decline of 0.3%, or $634, compared to the prior week and a decline of 1.6%, or $4,099, compared to the week ending Nov 19. Popular neighborhoods in Norfolk include Larchmont/Edgewater, East Ocean View, Bay View, Ghent, Colonial Place/Riverview, and Park Place.