Looking back at 2016, the real estate market in Hampton Roads had a declining number of active listings and low supply of inventory. However, there were gains in homes that are pending and homes that sold. The median range for residential sales prices rose to $225,000, up from $218,000 in 2015.
Here are median home sale prices in Hampton Roads for December listed by city obtainedÂ from the Real Estate Information Network, Inc. dated 1/13/2017.
Median Sales Price
Due to the stronger home buying demand in 2016 compared to 2015, itâ€™s anticipated that we will have more buyers than usual in 2017. Do you know of anyone in the neighborhood who might be thinking of selling? If so, please call or text me.
You May Also Like:Â More Tips for Buying a Home
Life changes, and that calls for us packing up and moving on to something new. If youâ€™ve been waitingÂ to start planning to buy a home, thereâ€™s no better time to do it than now.
Each personâ€™s needs are different. Some life changes can be the family is outgrowing the current home, or thereâ€™s a need (or desire) to relocate or downsize.To help you make the process go as smoothly as possible I can help you:
â€¢ Â sell your home (if you own one) for the most money possible in todayâ€™s market
â€¢ Â find a home that best matches your wish list in the area where you want to live
â€¢ Â negotiate on your behalf to get you the best price and terms
â€¢ Â guide you through the process throughout the transaction
If youâ€™re moving on to the next chapter of your life, Iâ€™d welcome an opportunity to discuss how I can help you find your perfect home. Feel free to contact me with any questions.
YOUR HOME'S VALUE HAS CHANGEDYour home may be worth more than you think! Find out what current home market values are in your area.
Home Seller Advice
Just because its wintertime doesnâ€™t mean that itâ€™s not the best time to show your property. Yes, this time of year there are fewer hours of daylight for buyers to see your house. However, in Hampton Roads itâ€™s easier to house-hunt because of itâ€™s warmer in this area of Virginia.
There are some rainy days, but overall we donâ€™t have to deal with much snow or frigid temperatures.Why not highlightÂ whatâ€™s great about your home. Make sure youâ€™re wowing buyers with strong curb appeal. Keep driveways and walkways clear of fallen leaves and snow. Put a nice, new welcome mat out for buyers and their agents to wipe their feet.
The way your home looks tells a story to buyers. A light and bright atmosphere for showings makes the house more inviting. Open the windows to air out the house occasionally as closed homes tend to hold odors. After cooking meals run the fans. There are wonderful scent candles and sprays that can create a memorable atmosphere â€“ like the scent of freshly baked bread or cookies fresh out of the oven. The scent of cinnamon adds a seasonal natural fragrance. Create a comfy scene with a throw blanket. Feel free to contact me with more ideas or questions.
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