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Chesapeake Real Estate Market Report-Feb 2008

February 25th, 2008 by Dave Macklin

Chesapeake residential home sales decreased in January, compared to January 2007, by 22 percent, with market times increasing 28 percent. The median price decreased 2 percent, as the average sales price decreased 4 percent to $289,581.  

Chesapeake

Sold
Listings

Median
Price

Average
Sale Price

Average Days
On Market

Jan 2008

171

$259,900

$289,581

82

Jan 2007

218

$266,500

$300,595

65

Now is a GREAT time to be buying a Chesapeake home. To learn more about Chesapeake VA real estate, please contact us at 866-222-0158 #550 or visit ButlerTeamHomes.com. To begin searching for Chesapeake homes for sale, please use our complimentary MLS search

Also read Virginia Beach market report and Chesapeake homes for sale.


To begin your search for the perfect home or to sell your home in the Virginia Beach area,
call Dave Macklin and The Butler Team at 866-222-0158 #550.