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February 12, 2012
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Cape Charles, Virginia

Reported by Helen Glenn, ABR, e-Pro, REALTOR

Updated January 7, 2012.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

Asking prices range from $24,500 to $2,950,000 for the 115 homes on the market. The average asking price is just over $400,000. and the average days on the market is 409. In the past month, no homes sold in Cape Charles. 52 homes were sold in 2011 at an average price of $246,000. and $122 per square foot.

ZIP Code: 23310

Location Characteristics: Originally a railroad town that linked Virginia's Eastern Shore to Norfolk via ferry, Cape Charles is located on the Chesapeake Bay and boasts a lovely public bay beach. It is surrounded by the new development of Bay Creek and 2 fabulous PGA golf courses built in the last few years. New contruction continues in the outskirts and revitalization is rampant in the heart of town. Cape Charles is on the cusp of lots of changes.

For More Information:

View Market Conditions of other areas served by Helen Glenn

Navigate: Top > Virginia > Cape Charles

About Helen Glenn:
From a real estate perspective, I understand the needs and concerns of second-homers and folks relocating here permanently because I have personally done both. I am an experienced buyer's representative. Most importantly, having personally purchased real estate in many different markets throughout the country, I know the qualities that clients are looking for in a real estate agent. I work very hard to live up to the high expectations I set for myself because I don't want my clients to have some of the sour experiences I had in the past as a real estate client. Come Explore Virginia's Eastern Shore.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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