Lake Edward North · Virginia Beach, VA

Is Now a Good Time to Sell in Lake Edward North, Virginia Beach?

The median home in Lake Edward North sells for $229,000 with prices up 1% year-over-year. Ridley's flat fee saves you $3,371.

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Lake Edward North Real Estate Market Conditions

71out of 100

Ridley Sell Score

How it's scored →

Strong

71/100

Conditions strongly favor sellers — high demand and fast sales.

What this means for sellers

Conditions in Lake Edward North favor sellers right now. Demand is outpacing supply, and well-priced homes should attract strong interest. Sellers who list now are positioned to sell quickly and close at or above asking price.

Inventory TightnessNeutral

4 months of supply — near the balanced threshold of 5 months. Virginia average is 2.4.

Price MomentumNeutral

Prices up 0.6593406593000001% year-over-year — vs. +1.4% statewide.

Seller LeverageFavors sellers

Homes selling at 99.28% of asking — buyers are negotiating 0.7% below list. Virginia average is 98.7%.

Bidding ActivityFavors sellers

40% of homes selling above list price — 55% above the Virginia average of 25.8%.

Sale SpeedFavors sellers

42 median days on market — 11 days faster than the Virginia average.

Market UrgencyFavors sellers

75% of listings go pending within 2 weeks — vs. 40.8% statewide.

Price StabilityFavors sellers

Only 0% of listings have dropped their price — sellers are holding firm. Virginia average is 20.2%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

$229,000

+1%

Days on Market

42

Price per Sq Ft

$161

Sale-to-List Ratio

99.28%

Homes Sold

5

Sold Above List

40%

Pending in 2 Weeks

75%

Source: public market records

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Personalized pricing signals, demand shifts, and Sell Score changes for Virginia Beach — delivered monthly.

Your savings

How much can you save selling in Lake Edward North?

$0Estimated savings

That could furnish your new living room — save 1.5% of your home value

$229,000

$50,000$10M

Traditional Agent (3%)

$6,870

Ridley Pro (flat fee)

$3,499

Ready to sell in Lake Edward North?

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Cost comparison

Cost to sell in Lake Edward North

Traditional AgentBest valueRidley ProRidley Essentials
Listing fee$6,870$3,499$999
Buyer agent$6,4122.8% avg$4,580~2% avg$4,580~2% avg
Closing costs (~1.5%)$3,435$3,435$3,435
Total cost$16,717$11,514$9,014
You save$3,371$5,871

Based on the Lake Edward North median home price of $229,000. Ridley buyer agent commission reflects the average ~2% BAC offered by Ridley sellers.

How to sell your house and save on commission in Lake Edward North

A flat fee of $3,499 instead of the typical $6,870 commission — with a dedicated agent at every step.

1

AI + expert price your home

AI-powered comps reviewed by your dedicated agent — using Lake Edward North market data so you list at the right price.

2

AI prepares your home

AI walk-through identifies what to fix, stage, and photograph. Your agent advises on what actually moves the needle.

3

Listed on MLS & 100+ sites

Professional listing syndicated to Zillow, Redfin, and everywhere Lake Edward North buyers look — plus a custom Ridley listing page with AI chat.

4

Your agent negotiates

Offer comparison, counteroffer strategy, and all back-and-forth with buyers' agents — handled by your dedicated agent.

5

Close and keep $3,371 more

Contracts, disclosures, deadline tracking, and closing coordination — from accepted offer to keys.

FAQ

Common questions about selling in Lake Edward North

Ready to sell in Lake Edward North?

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