Petersburg, VA
Real Estate Trends

November 2016 Market Trend Report

THIS CITY IS A

BUYER'S MARKET

WHY IS IT A BUYER'S MARKET?

HOMES ACTIVE
HOMES SOLD
BUYER'S MARKET
SELLER'S MARKET

Looks like demand
is LOW in this area!

Home types

WHAT TYPES OF HOMES ARE SELLING?

Single family homes

1

SINGLE FAMILY HOMES

Condos

0

CONDOS

Townhouses

0

TOWNHOUSES

MEANWHILE...

17

HOMES LISTED

HOW MUCH DID BUYERS PAY

Sold Prices for November

ASKING
PRICE
ABOVE ASKING
AT ASKING

HOW MUCH HOMES LISTED FOR?

Median List Prices

$75k
$61.0k$69.0k$77.0kNovOctSepAugJulJun

HOW FAST DID HOMES SELL?

Days on Market - Sold in November

UNDER
1 MONTH
0Homes
1-3
MONTHS
0Homes
OVER
3 MONTHS
2Homes

HOW LONG DID IT TAKE FOR HOMES TO SELL?

Median Days on Market for Sold Listings

167
DAYS
154%
6495126156187NovOctSepAugJulJun

And finally...What's the hottest street in

Petersburg

berkeley ave

For November 2016, Petersburg, VA has been a buyer's Market - demand in this city is low. The inventory of homes for sale in Petersburg, VA was 279 and 2 homes were sold.