Hampton Roads Housing Has Strong First Quarter (2013)

April 26, 2013 by AgentFaircloth Leave a Comment

The First Quarter of 2013 Ended Strong

Strong First Quarter

March 2013 posted nearly a double digit percentage increase in residential settled sales when compared to 2012. Residential under contracts increased significantly while active listings continued to decline, lowering the months’ supply of inventory.

Settled sales saw an increase of 8.53% for March 2013 when compared to last year. Settled sales are up 10.71% for the first quarter of 2013 (January-March) when compared to first quarter 2012. The median sales price is currently $199,000, a considerable increase of 7.57% from March 2012’s $185,000. Last month’s strongest statistical improvement was in residential under contract sales, an increase of 12.84%. Potential settled sales may result from this steady increase in residential under contracts.

Active listings for March experienced a drop of 8.62% compared to the same time last year. The overall decrease in the number of homes for sale has resulted in a 6.38 months’ supply of inventory for the region, as compared to 7.57 months in March 2012. A healthy real estate market typically maintains a 6 months’ supply of inventory, so this statistic does suggest a stabilizing market for the area.

Inventory by City:

Virginia Beach -4.61 Months’ Supply of Inventory
Chesapeake -5.29 Months’ Supply of Inventory
Norfolk -6.76 Months’ Supply of Inventory
Portsmouth -8.63 Months’ Supply of Inventory
Suffolk -7.36 Months’ Supply of Inventory

Distressed properties (short sales or foreclosures), continue to have an impact on the region, while maintaining a relatively consistent marketshare. In March 2013 25.20% of all resale residential active listings in the Hampton Roads real estate market were distressed properties.

(Note: Source of information REIN – Real Estate Information Network)

Filed Under: Chesapeake Real Estate, Chris Faircloth, Market Statistics, Norfolk Real Estate, Virginia Beach Real Estate Tagged with Tagged With: AgentFaircloth.com, chesapeake housing, hampton roads housing market, hampton roads housing statistics, norfolk housing, virginia beach housing

FOR SALE – 4312 Thomas Lane, Chesapeake, VA

April 19, 2013 by AgentFaircloth Leave a Comment

FOR SALE – 4312 THOMAS LANE, CHESAPEAKE, VA – Great end unit town home recently renovated to include new paint, new flooring, new fireplace, newer roof, newer HVAC perfect for a first time buyer. Large fenced back yard with shed. NOT A SHORT SALE!


Listing Price: 138000
Address: 4312 Thomas Lane
City: Chesapeake
State: VA
ZIP: 23321
Location: Silverwood
School District: Western Branch
Age: 1986
Monthly Rent: n/a
Square Feet: 1364
Bedrooms: 2
Bathrooms: 2.5
Type: Townhome
Style Transitional
Parking: 2 Driveway spaces
MLS # (if any): 1314699

Data provided by

See more information on Chesapeake schools from Education.com

Chesapeake City Public Schools School District {46}
VA Private Schools {29}
Department of Correctional Education School District {3}
S.East VA TRN CT School District {1}
Doe Sop Education Programs School District {1}
Southeastern Coop ED PGM School District {1}

Chesapeake City Public Schools School District Schools in Chesapeake, VA

46 Chesapeake City Public Schools School District Schools found in the area.

School	Type	Grade Level	Enrollment	Students per Teacher
Chesapeake Center for Sci. &Technical Phone: (757) 547-0134 1617 Cedar Rd, Chesapeake, VA 23322	Voc/Tech	9-12	0	0
B. M. Williams Primary Elementary School Phone: (757) 547-0238 1100 Battlefield Blvd North, Chesapeake, VA 23320	Public	PK-2	848	26
Butts Road Int. Elementary School Phone: (757) 482-4566 1571 Mt Pleasant Rd, Chesapeake, VA 23322	Public	3-5	706	22
Butts Road Primary Elementary School Phone: (757) 482-5820 1000 Mt Pleasant Rd, Chesapeake, VA 23322	Public	PK-2	683	25
Camelot Elementary School Phone: (757) 558-5347 2901 Guenevere Dr, Chesapeake, VA 23323	Public	PK-5	613	21
Cedar Road Elementary School Phone: (757) 547-0166 1605 Cedar Rd, Chesapeake, VA 23322	Public	PK-5	847	23
Crestwood Intermediate School Phone: (757) 494-7565 1240 Great Bridge Blvd, Chesapeake, VA 23320	Public	3-5	775	21
Deep Creek Central Elementary School Phone: (757) 558-5356 2448 Shipyard Rd, Chesapeake, VA 23323	Public	PK-5	543	21
Deep Creek Elementary School Phone: (757) 558-5333 2809 Forehand Dr, Chesapeake, VA 23323	Public	PK-5	687	20
Edwin W. Chittum Elementary School Phone: (757) 465-6300 2008 Dock Landing Rd, Chesapeake, VA 23321	Public	PK-5	717	21
G. A. Treakle Elementary School Phone: (757) 558-5361 2500 Gilmerton Rd, Chesapeake, VA 23323	Public	PK-5	507	19
George W. Carver Int. Elementary School Phone: (757) 494-7505 2601 Broad St, Chesapeake, VA 23324	Public	PK-5	566	21
Georgetown Primary Elementary School Phone: (757) 578-7060 436 Providence Rd, Chesapeake, VA 23325	Public	PK-3	811	20
Grassfield Elementary School Phone: (757) 558-8923 2248 Averill Dr, Chesapeake, VA 23323	Public	PK-5	888	23
Great Bridge Int. Elementary School Phone: (757) 482-4405 253 West Hanbury Rd, Chesapeake, VA 23322	Public	3-5	574	21
Great Bridge Primary Elementary School Phone: (757) 547-1135 408 Cedar Rd, Chesapeake, VA 23322	Public	PK-2	566	26
Greenbrier Int. Elementary School Phone: (757) 578-7080 1701 River Birch Run North, Chesapeake, VA 23320	Public	3-5	640	23
Greenbrier Primary Elementary School Phone: (757) 436-3428 1551 Eden Way South, Chesapeake, VA 23320	Public	PK-2	632	25
Hickory Elementary School Phone: (757) 421-7080 109 Benefit Rd, Chesapeake, VA 23322	Public	PK-5	419	21
Norfolk Highlands Primary Elementary School Phone: (757) 578-7092 1115 Myrtle Ave, Chesapeake, VA 23325	Public	PK-3	333	22
Portlock Primary Elementary School Phone: (757) 494-7555 1857 Varsity Dr, Chesapeake, VA 23324	Public	PK-2	558	19
Rena B. Wright Primary Elementary School Phone: (757) 494-7585 600 Park Ave, Chesapeake, VA 23324	Public	PK-2	316	16
Southeastern Elementary School Phone: (757) 421-7676 1853 Battlefield Blvd South, Chesapeake, VA 23322	Public	PK-5	740	23
Southwestern Elementary School Phone: (757) 465-6310 4410 Airline Blvd, Chesapeake, VA 23321	Public	PK-5	606	20
Sparrow Road Intermediate School Phone: (757) 578-7050 1605 Sparrow Rd, Chesapeake, VA 23325	Public	4-5	473	18
Thurgood Marshall Elementary School Phone: (757) 494-7515 2706 Border Rd, Chesapeake, VA 23324	Public	PK-5	544	18
Truitt Intermediate School Phone: (757) 494-8014 1100 Holly Ave, Chesapeake, VA 23324	Public	3-5	287	17
Western Branch Int. Elementary School Phone: (757) 638-7941 4013 Terry Dr, Chesapeake, VA 23321	Public	3-5	781	22
Western Branch Primary Elementary School Phone: (757) 638-7951 4122 Terry Dr, Chesapeake, VA 23321	Public	PK-2	664	24
Deep Creek High School Phone: (757) 558-5302 2900 Margaret Booker Dr, Chesapeake, VA 23323	Public	9-12	1316	16
Grassfield High School Phone: (757) 558-4749 2007 Grizzly Trail, Chesapeake, VA 23323	Public	9-12	2106	18
Great Bridge High School Phone: (757) 482-5191 301 West Hanbury Rd, Chesapeake, VA 23322	Public	9-12	1673	19
Hickory High School Phone: (757) 421-4295 1996 Hawk Blvd, Chesapeake, VA 23322	Public	9-12	1922	19
Indian River High School Phone: (757) 578-7000 1969 Braves Trail, Chesapeake, VA 23325	Public	9-12	1721	17
Oscar F. Smith High School Phone: (757) 548-0696 1994 Tiger Dr, Chesapeake, VA 23320	Public	9-12	2177	18
Western Branch High School Phone: (757) 638-7900 1968 Bruin Place, Chesapeake, VA 23321	Public	9-12	2231	19
Crestwood Middle School Phone: (757) 494-7560 1420 Great Bridge Blvd, Chesapeake, VA 23320	Public	6-8	601	16
Deep Creek Middle School Phone: (757) 558-5321 1955 Deal Dr, Chesapeake, VA 23323	Public	6-8	470	14
Great Bridge Middle School Phone: (757) 482-5128 441 Battlefield Blvd South, Chesapeake, VA 23322	Public	6-8	1171	18
Greenbrier Middle School Phone: (757) 548-5309 1016 Greenbrier Parkway, Chesapeake, VA 23320	Public	6-8	906	18
Hickory Middle School Phone: (757) 421-0468 1997 Hawk Blvd, Chesapeake, VA 23322	Public	6-8	1713	20
Hugo A. Owens Middle School Phone: (757) 558-5382 1997 Horseback Run, Chesapeake, VA 23323	Public	6-8	1082	20
Indian River Middle School Phone: (757) 578-7030 2300 Old Greenbrier Rd, Chesapeake, VA 23325	Public	6-8	761	15
Jolliff Middle School Phone: (757) 465-5246 1021 Jolliff Rd, Chesapeake, VA 23321	Public	6-8	716	19
Oscar Smith Middle School Phone: (757) 494-7590 2500 Rodgers St, Chesapeake, VA 23324	Public	6-8	966	14
Western Branch Middle School Phone: (757) 638-7920 4201 Hawksley Dr, Chesapeake, VA 23321	Public	6-8	892	20

VA Private Schools Schools in Chesapeake, VA

29 VA Private Schools Schools found in the area.

School	Type	Grade Level	Enrollment	Students per Teacher
Mt Pleasant Christian School Phone: (757) 482-9557 1613 Mt Pleasant Rd, Chesapeake, VA 23322	Private	K-8	91	9
Great Hope Baptist School Phone: (757) 482-5121 Po Box 15106, Chesapeake, VA 23328	Private	PK,K-12	96	8
Tidewater Adventist Academy Phone: (757) 479-0002 1136 Centerville Tpke N, Chesapeake, VA 23320	Private	PK,K-10	56	10
Cornerstone Christian School Phone: (757) 424-7230 1212 Willow Ave, Chesapeake, VA 23325	Private	PK,K-6	76	9
Stone Bridge School Phone: (757) 488-7586 Po Box 9247, Chesapeake, VA 23321	Private	PK,K-12	276	9
A World Of Children Phone: (757) 436-6967 752 Cedar Rd, Chesapeake, VA 23322	Private, Alternative	PK,K-1	21	11
Atlantic Shores Christian School Phone: (757) 479-9598 1217 Centerville Turnpike N, Chesapeake, VA 23320 www.shoreschristian.org	Private	PK, K-12	839	12
Greenbrier Montessori School Phone: (757) 549-8584 1100 Greenbrier Pkwy, Chesapeake, VA 23320	Private, Montessori	PK,K-6	33	8
Apple Tree Learning Center Phone: (757) 547-9530 601 Volvo Pkwy, Chesapeake, VA 23320	Private, Early Childhood Program/Day Care Center	PK,K	10	10
Mount Lebanon Christian Academy Phone: (757) 547-9550 884 Bells Mill Rd, Chesapeake, VA 23322 www.mt-lebanon.org/	Private	PK,K-3	36	6
Great Bridge Presbyterian Preschool Phone: (757) 549-4303 333 Cedar Rd, Chesapeake, VA 23322	Private, Early Childhood Program/Day Care Center	PK,K	15	15
Greenbrier Christian Academy Phone: (757) 547-9595 311 Kempsville Rd, Chesapeake, VA 23320	Private	PK,K-12	541	11
Cedar Road Christian Academy Phone: (757) 547-9553 916 Cedar Rd, Chesapeake, VA 23322	Private	PK,K-5	86	11
Cathedral Of Faith Christian School Phone: (757) 545-8050 2020 Portlock Rd, Chesapeake, VA 23324	Private	PK,K-2	22	6
Basics Primary School & Daycare Phone: (757) 424-0994 1509 River Birch Run N, Chesapeake, VA 23320	Private, Early Childhood Program/Day Care Center	PK,K	12	12
Greenbrier Enrichment Center & School Phone: (757) 548-9280 825 Greenbrier Pkwy, Chesapeake, VA 23320	Private	PK,K-5	64	10
Greenbrier Manor School Phone: (757) 548-9292 700 Warrington Sq, Chesapeake, VA 23320	Private, Early Childhood Program/Day Care Center	PK,K	40	13
Icw Baptist Church School Phone: (757) 547-3552 1200 Kempsville Rd, Chesapeake, VA 23320	Private	K-12	54	6
Providence Christian School Phone: (757) 523-6480 501 Providence Rd, Chesapeake, VA 23325	Private	PK,K-6	74	4
Great Bridge Preschool Phone: (757) 482-9788 201 Stadium Dr, Chesapeake, VA 23322	Private, Early Childhood Program/Day Care Center	PK,K	20	10
Montessori Academy Of Virginia Phone: (757) 436-3995 1468 Kempsville Rd, Chesapeake, VA 23320	Private, Montessori	PK,K-3	36	5
Faith Diamond Christian Academy Phone: (757) 487-1800 1023 Deep Creek Blvd, Chesapeake, VA 23323	Private	PK,K-7	64	6
Fairview Baptist Christian Academy Phone: (757) 543-3238 1204 Tatemstown Rd, Chesapeake, VA 23325	Private	K-11	13	4
Chesapeake Montessori School Phone: (757) 547-7673 516 Albemarle Dr Ste C, Chesapeake, VA 23322	Private, Montessori	PK,K-5	64	4
Chesapeake Christian Academy Phone: (757) 420-9504 Po Box 13457, Chesapeake, VA 23325	Private, Early Childhood Program/Day Care Center	PK,K	7	5
Veritas Christian Academy Phone: (757) 410-5095 700 Oak Grove Rd, Chesapeake, VA 23320	Private	K-12	142	7
Deep Creek Country Day School Phone: 718 Shell Rd, Chesapeake, VA 23323	Private, Early Childhood Program/Day Care Center	PK,K	15	15
New Galilee Early Childhood Development Center Phone: 1013 Great Bridge Blvd, Chesapeake, VA 23320	Private, Alternative	PK,K-1	31	5
The Goddard School (chesapeake) Phone: 300 Cedar Ln, Chesapeake, VA 23322	Private, Early Childhood Program/Day Care Center	PK,K	16	8

Doe Sop Education Programs School District Schools in Chesapeake, VA

1 Doe Sop Education Programs School District Schools found in the area.

School	Type	Grade Level	Enrollment	Students per Teacher
Tidewater Juvenile Detention Home School Phone: (757) 382-6788 420 Albemarle Dr, Chesapeake, VA 23322	Alt.	K-12	0	0

Department of Correctional Education School District Schools in Chesapeake, VA

3 Department of Correctional Education School District Schools found in the area.

School	Type	Grade Level	Enrollment	Students per Teacher
Indian Creek Corr Center Phone: (757) 421-0095 801 Sanderson Rd, Chesapeake, VA 23327	Alt.		0	0
St Brides Corr Center Phone: (757) 421-7141 701 Sanderson Rd, Chesapeake, VA 23327	Alt.		0	0
Tidewater Women's Det Center Phone: (757) 549-0012 201 Greenbrier Rd, Chesapeake, VA 23320	Alt.		0	0

Southeastern Coop ED PGM School District Schools in Chesapeake, VA

1 Southeastern Coop ED PGM School District Schools found in the area.

School	Type	Grade Level	Enrollment	Students per Teacher
Chesapeake RE-Education Phone: (757) 485-4735 140 North Geo. Washington Hwy, Chesapeake, VA 23323	Sp-Ed		0	0

S.East VA TRN CT School District Schools in Chesapeake, VA

1 S.East VA TRN CT School District Schools found in the area.

School	Type	Grade Level	Enrollment	Students per Teacher
Southeastern VA TR Center EP Phone: 2100 Steppingstone Square, Chesapeake, VA 23320	Sp-Ed	PK-12	0	0


Listing Price: 138000
Address: 4312 Thomas Lane
City: Chesapeake
State: VA
ZIP: 23321
Location: Silverwood
School District: Western Branch
Age: 1986
Monthly Rent: n/a
Square Feet: 1364
Bedrooms: 2
Bathrooms: 2.5
Type: Townhome
Style Transitional
Parking: 2 Driveway spaces
MLS # (if any): 1314699

Filed Under: $100k-$150k, 2 Bedrooms, Chesapeake, Chesapeake Real Estate, Featured Listings, My Listings, Property Bedrooms, Property Location, Property Price, Property Type, Townhome Tagged with Tagged With: Chesapeake homes for sale, silverwood, western branch

JUST LISTED – 1236 Monarch Reach, Chesapeake, VA

April 6, 2013 by AgentFaircloth Leave a Comment

Now FOR SALE

JUST LISTED – 1236 Monarch Reach, Chesapeake, VA. Welcome home to this stunning brick front home with great beautiful curb appeal. Tons of parking space including a large concrete pad just inside the privacy fence. The beautiful backyard offers a deck and screened in porch which makes for a great space for entertaining.
Home boasts a formal living room, dining room, spacious family room which opens to a beautiful eat-in-kitchen. The kitchen offers an abundance counter space in addition to a center island. The cherry cabinets are truly stunning. On the 2nd floor you’ll find the bedrooms include a large master suite with sitting area. Ladies just wait till you see this closet “your closet” and you don’t even have to share and there is an additional “his” closet. Bright and sunny master bath offers a jetted tub, separate shower and dual sinks.


Listing Price: 349900
Address: 1236 Monarch Reach
City: Chesapeake
State: VA
ZIP: 23320
Location: Dominion Lakes
School District: GREAT BRIDGE HIGH SCHOOL
Age: 2003
Monthly Rent: 
Square Feet: 3234
Bedrooms: 4
Bathrooms: 2.5
Type: Single Family
Style Transitional
Parking: 2 car attached garage
MLS # (if any):

For Sale – 1236 Monarch Reach

Stunning home for sale in Dominion Lakes Community

Filed Under: $300k-$400k, 4 Bedroom, Chesapeake, Chesapeake Real Estate, Featured Listings, Listings, My Listings, Property Location, Property Price, Property Type, Single Family Home Tagged with Tagged With: 1236 Monarch Reach, Chesapeake homes for sale, Dominion Lakes, just listed 1236 Monarch reach, Just listed in dominion lakes

SOLD – in Woodards Mill

February 28, 2013 by AgentFaircloth Leave a Comment

Sold in Woodards Mill

SOLD in Woodards Mill Neighborhood in Chesapeake, VA 23320! Constructed to the highest standards, this home sits on three manicured acres. At 6,625 square feet it boasts five bedrooms, including three master suites (one downstairs and two upstairs) four full baths and two half baths. Unmatched architectural detail and craftsmanship are reflected throughout the home. The open floor plan makes for easy living and entertaining. Proportions of space and detail create a home with more grandeur than even its size would imply. Enjoy the forested serenity of Woodard’s Mill with its pastoral and wooded views from abundant windows. Located 2 miles off the expressway, this home is elegant and peaceful while still convenient to shopping, schools and the Outer Banks. Have the best of Both Worlds!

Filed Under: Chesapeake Real Estate, Chris Faircloth, Luxury Homes, My Sold Listings, Real Estate Specialist Tagged with Tagged With: 452 Woodard's Ford Road, AgentFaircloth sells Woodards Mill, Homes for sale in Woodards Mill, Woodard's Mill, Woodards Mill Civic League

JUST LISTED-1005 Turning Leaf Lane in Sommerton

February 7, 2013 by AgentFaircloth Leave a Comment

JUST LISTED – 1005 TURNING LEAF LANE

Just Listed – 1005 Turning Leaf Lane in Sommerton 55+ Active Adult Community. Exquisite Rose Leigh interior brick front model is listed WAY BELOW MARKET!! What and incredible deal for someone! This spotless home boasts upgrades galore. Owner selected a $12,000 kitchen cabinetry package with a custom french hood, cabinetry crown molding, light rail, up lighting, task lighting, decorative finish work, dove tailed drawers, with soft close feature, granite tops, professional series stainless steel appliance package. Upgraded cabinetry throughout the house including technology center. Hardwood floors throughout the downstairs, surround sound pre-wire in family room. This unit lives big with ten foot ceilings downstairs and nine foot ceilings upstairs. Ornate two piece crown molding throughout the down stairs. A sweet master retreat with a spacious master bedroom, HUGE master closet with his and hers sides! Lavish master bath boasts his and her vanities, knee space, over sized soaking tub, separate tile shower & water closet. Slate tile patio just off breakfast area gated for privacy and with service door leading to garage. Finished room over garage could easily be a media room/office or 4th bedroom. Two car rear loading garage with carriage house doors and tall door with garage door opener. Dual zone heating and cooling. The unit was framed with an elevator shaft so that the seller could easily add an elevator at a later date. Should you or your buyer want an elevator installed the seller is willing to have one installed at cost, by adding $25,000 which would adjust the list price to $350,000 STILL WAY BELOW MARKET!!

Listing Price: 325000
Address: 1005 Turning Leaf Lane
City: Chesapeake
State: VA
ZIP: 23320
Location:
School District: Indian River
Age: 2007

Monthly Rent:
Square Feet: 2524
Bedrooms: 3+
Bathrooms: 2.5
Type: Condo
Style Transitional
Parking: 2 car attached garage
MLS # (if any): 1305243