Good AFternoon!
Just a quick update on City of Norfolk VA real estate market. The following chart reflects those single family (detached) Attached properties listed for sale in the city as of July 10, 2008. Additional properties are available if you are looking for information on duplexes, multi-family or commercial.
I didnt do a lot of analysis but here are the points that strike me
1. NORFOLK is a resonably priced location to live with fully HALF of the homes on the market listed at $250,000 or less.
2. If you want water, we have it! More than 25% of homes have access to a pool or some type of waterfront
3. Our rate of short sale and bank owned properties is still low compared to national averages.
Let me know what you see!!
All Data taken from REIN on July 10, 2008
