Hampton Housing Inventory Continues Decline – Housing Market Update – January 19

The story of 2019 begins much as 2018 did. 

In December 2018, the number of available homes for sale in Hampton Roads dropped to it’s lowest level since March of 2006. The height of inventory occurred at 15,800 units in July 2010. 

Following historical trends, we can expect to see inventory rise in January. 

Hampton Roads' Housing Inventory - January 2019

The median sale price in Hampton Roads in December 2018 was $233,300.

Source: REIN, WAAR