Market Minutes for September: Norfolk

Hey There! Wow it’s been busy here!

September’s stats for the housing market are in. Today let’s look at Norfolk. And for my Ghent/West Ghent/Larchmont people, scroll down for an additional report for your area specifically.

MM Norfolk Sept

The median sales price for homes in Norfolk rose 6% from a year ago. The average time homes stay on the market has remained the same at 85 days. The amount of active inventory is down 13% from a year ago.

For more stats about Norfolk, click here.

Lamberts-Point-Ghent-Alt

The median sales price in the Ghent/West Ghent/Larchmont/etc. area is up 19% from a year ago. Interestingly, the average number of days houses are staying on the market is up 39% from a year ago at 128 days. That’s a big change. Houses are sitting a lot longer in these parts of town.

For more specific stats click here.

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