June 2023 Smithfield, Hampton Roads Market Report

@JasonGoodinV1R Here i show the month over month changes in the Smithfield and Hampton Roads, VA real estate market.
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Real estate agent Jason Goodin reports Hampton Roads median sale price is up to $335,000 with 2110 homes sold in May. Limited inventory and high competition for listings.

[00:02](https://www.youtube.com/watch?v=lAeGuyGkcgg&t=2) Highlights of the latest Hampton Roads real estate report

[00:26](https://www.youtube.com/watch?v=lAeGuyGkcgg&t=26) The median home price in Hampton Roads is $335,000.

[00:51](https://www.youtube.com/watch?v=lAeGuyGkcgg&t=51) May 2023 saw a median sale price of $335,000 and an increase in home sales.

[01:18](https://www.youtube.com/watch?v=lAeGuyGkcgg&t=78) Houses are selling for 101% of list price due to limited inventory

[01:44](https://www.youtube.com/watch?v=lAeGuyGkcgg&t=104) May saw a 12% increase in new listings, but active inventory remains low.

[02:08](https://www.youtube.com/watch?v=lAeGuyGkcgg&t=128) Housing inventory decreased by 4.9% in April

[02:36](https://www.youtube.com/watch?v=lAeGuyGkcgg&t=156) Real estate market is highly competitive for buyers

[02:56](https://www.youtube.com/watch?v=lAeGuyGkcgg&t=176) Reach out to me for help anytime

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