Is now a good time to sell in Virginia Beach-Chesapeake-Norfolk?

Probably not, unless you need to move. The Sold Score for Virginia Beach-Chesapeake-Norfolk is 26/100 in May 2026 (Difficult Selling Environment) — homes still close, but you'll likely accept a longer timeline or a lower price than a year ago. Pending ratio is 0.14 — the higher this is, the faster contracts come in relative to standing inventory. Active inventory is up +13.7% year over year, expanding the pool you're competing in. Median days on market sit at 33. 27.4% of active listings have already reduced asking price. — Live indicators (May 2026): Sold Score: 26/100 (Difficult Selling Environment) · Pending ratio: 0.14 · Inventory YoY: +13.7% · Median days on market: 33 · Sellers cutting price: 27.4% · Median listing price: $439,100 (+5.8% YoY)