Monday, December 5, 2022

Median Sales Price Of Homes In Region Is Steady

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VIRGINIA BEACH – After dropping for four consecutive months, the median sales price (MSP) of homes in Hampton Roads remained the same from September to October.

According to the Real Estate Information Network (REIN), the median sales price was $310,000 in October, which was no change from the previous month. In May, it was a record $328,795, but dropped each month from June through September. However, it is up 6.9 percent from the previous October, when it was $290,000.

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