Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

Norfolk Real Estate Market Update for November
Norfolk Real Estate Market Update is a weekly report of real estate market statistics. This information is for buyers and sellers that are currently in the real estate market or are thinking about getting in to the market. Since Norfolk contains multiple zip codes this analysis may or may not be specific to your subdivision and should only be used as a tool to determine trend lines and a look at Norfolk as a whole.The median list price in NORFOLK, VA this week is $175,000. The 1076 properties have been on the market for an average of 210 days. Inventory has been lightening lately and the Market Action Index has been trending up. Though days-on-market is increasing, these are mildly positive indications for the market. The market has shown some evidence of slowing recently. Both prices and inventory levels arerelatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.
Buyers and sellers should consult a Realtor for specific market updates in reference to your subdivision. A CMA (Current Market Analysis) should be done prior to putting a listing on the market or making and receiving offers. When visiting the ... more

__________________________________________________
Are you on The Rain? Grow Your Network!