**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 |
|---|---|
 Zillow |
31 -33% WoW 0% MoM |
For Sale Highlights
| Website | For sale |
|---|---|
 Homes.com |
86 -21% WoW 0% MoM |
 Realtor.com |
89 -9% WoW 0% MoM |
 Trulia |
95 -13% WoW 0% MoM |
| Zillow |
92 -16% WoW 0% MoM |
Rental Highlights
| Website | For rent |
|---|---|
| Zillow |
160 -14% WoW 0% MoM |
| Market Trends |
 Homes |
 Realtor |
 Redfin |
 Trulia |
 Zillow |
||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median days on market | 31 | 35 | 29 | – | – | ||||||||||
| Median sale price | $346,695 | $303,000 | $308,000 | – | $296,917 | ||||||||||
| Median list price | $324,982 | $326,950 | – | – | $318,450 | ||||||||||
| Median price per sqft | $201 | $204 | $203 | – | – | ||||||||||
| Percent sales under list price | – | – | – | – | 28.87% | ||||||||||
| Percent sales over list price | – | – | 37.3% | – | 40.49% | ||||||||||
| Percent homes with price drop | – | – | 30.5% | – | – | ||||||||||
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.
