Tuesday, March 28, 2023

Homes In Hampton Roads Staying On The Market Longer

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According to the latest report from the Real Estate Information Network (REIN), homes in the Hampton Roads region are remaining on the market for a longer period of time.

In December 2022, the median days on the market (DOM) for homes in the region reached a high for the year, climbing to 24. The year’s lowest DOM was reported in the spring of 2022 (March and April) at just seven days, while in December 2021, the DOM was 15.

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