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2011 Hampton Roads Real Estate Market Review - College of ...

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100<br />

90<br />

80<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

Average Days on the <strong>Market</strong><br />

84<br />

87 87<br />

69<br />

66<br />

61<br />

46<br />

48<br />

36<br />

27 28<br />

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010<br />

Existing <strong>Real</strong> <strong>Estate</strong> Closings<br />

2,500<br />

2,000<br />

Distressed Closings Closings % <strong>of</strong> Distressed Closings<br />

40%<br />

35%<br />

30%<br />

1,500<br />

25%<br />

1,000<br />

20%<br />

15%<br />

500<br />

10%<br />

5%<br />

0<br />

0%<br />

JAN<br />

09<br />

FEB<br />

09<br />

MAR<br />

09<br />

APR<br />

09<br />

MAY<br />

09<br />

JUN<br />

09<br />

JUL<br />

09<br />

AUG<br />

09<br />

SEP<br />

09<br />

OCT<br />

09<br />

NOV<br />

09<br />

DEC<br />

09<br />

JAN<br />

10<br />

FEB<br />

10<br />

MAR<br />

10<br />

APR<br />

10<br />

MAY<br />

10<br />

JUN<br />

10<br />

JUL<br />

10<br />

AUG<br />

10<br />

SEP<br />

10<br />

OCT<br />

10<br />

NOV<br />

10<br />

DEC<br />

10<br />

<strong>2011</strong> <strong>Hampton</strong> <strong>Roads</strong> <strong>Real</strong> <strong>Estate</strong> <strong>Market</strong> <strong>Review</strong><br />

62

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