Chesapeake City Real Estate Trends & Statistics

Chesapeake City Median List Price

$299,000

Share Download Embed

Chesapeake City Market Snapshot

Share Download Embed

	Today	1 Month Ago		1 Year Ago
Total Inventory	37	35	6%	36	3%
Median List Price	$299,000	$325,000	8%	$269,100	11%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		8%
Median DOM	76	112	32%	89	15%
Median House Size	2,059	3,100	34%	1,546	33%
Median $/Sqft	$222/sqft	$184/sqft	21%	$145/sqft	53%

	Today	1 Month Ago		1 Year Ago
Total Inventory	34	32	6%	33	3%
Median List Price	$299,000	$350,000	15%	$269,100	11%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		9%
Median DOM	76	112	32%	86	12%
Median House Size	2,059	3,100	34%	1,380	49%
Median $/Sqft	$222/sqft	$184/sqft	21%	$135/sqft	64%

	Today	1 Month Ago		1 Year Ago
Total Inventory	3	3		3
Median List Price	$298,000	$298,000		$224,900	33%
% Distressed Movoto defines distressed properties as any property that has an agent note in the MLS that defines the property as "Bank Owned", "In Foreclosure", "Short Sale" (where the owner is trying to sell at a price below the mortgage balance to avoid foreclosure) or "REO" (a term used to indicate the property is bank owned).	-	-		-
Median DOM	108	431	75%	96	12%
Median House Size	-	1,546		1,546
Median $/Sqft	-	$139/sqft		$145/sqft

Chesapeake City Market Data

Share Download Embed

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	3	4	3	3	3	5	3
New Listings	2	1	8	2	3	7	8
Sold/Expired	6	2	13	11	2	5	4

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	3	4	3	3	3	5	3
New Listings	2	1	6	2	2	7	8
Sold/Expired	5	1	8	10	2	5	3

	11/12	12/12	1/13	2/13	3/13	4/13	5/13
Price Reductions	-	-	-	-	-	-	-
New Listings	-	-	2	-	1	-	-
Sold/Expired	1	1	5	1	-	-	1

Chesapeake City, Maryland real estate market statistics are calculated by Movoto every day from various sources so that you can stay up-to-date with trends in the Chesapeake City homes for sale market. Movoto displays information on foreclosures, short-sales, and REO (real estate owned) properties in both charts and graphs so that you can see the percentage of distressed listings in Chesapeake City. Movoto is your comprehensive source for Chesapeake City property information. We try to display data that is as accurate as possible, but we cannot guarantee the accuracy of our statistics. The data on this page is for informational purposes only.

Chesapeake City, MD Market Overview

Inventory: 37 Recently Sold: 4 New Listings: 8 Distressed: 0

Chesapeake City's home resale inventories increased, with a 6 percent increase since May 2013. Distressed properties such as foreclosures and short sales remained the same as a percentage of the total market in June. The median listing price in Chesapeake City went down from May to June. There were a total of 0 price increases and 3 price decreases.

Updated: 06/01/2013

Change City

Nearby Homes for Sale

24 Drake Rd, Chesapeake City, MD