Latest Housing Market Data Report, Norfolk, VA for Aug 12-Aug 19, 2024

**Last month sold data is not available in Realtor, Homes and Trulia

Sales rate = no of properties sold/avg no of properties listed

Sold Highlights

Website Sold
Redfin

42

27% WoW

0% MoM

Zillow

41

24% WoW

0% MoM

For Sale Highlights

Website For sale
Homes.com

90

3% WoW

0% MoM

Realtor.com

87

5% WoW

0% MoM

Redfin

87

0% WoW

0% MoM

Trulia

95

3% WoW

0% MoM

Zillow

95

10% WoW

0% MoM

Rental Highlights

Website For rent
Zillow

169

-30% WoW

0% MoM

WoW (Week-over-Week): Represents the percentage change in the number of properties compared to the previous week.

MoM (Month-over-Month): Reflects the percentage change in the number of properties compared to the previous month.

Medain days on market: The median number of days that homes in Norfolk, VA remain listed before being sold.

Medain sale price: The median price at which homes across Norfolk, VA were sold.

Medain list price: The median price at which homes across Norfolk, VA were listed.

Medain price per sqft: The median sale price per square foot in Norfolk, VA.

Percent of Sales Under/Over List price: Share of sales where sale price below/above the final list price; excludes homes sold for exactly the list price.

Percent homes with price drop: The share of homes that have reduced their price from the initial listing price.