Question 1

What share of homes in Chesapeake went under contract within 2 weeks?

Accepted Answer

33.8% of All Residential homes in Chesapeake, VA went under contract within 14 days of listing as of April 5, 2026, based on Redfin data.

Question 2

What does the off-market rate in Chesapeake mean for sellers?

Accepted Answer

When 33.8% of All Residential homes go under contract within two weeks in Chesapeake, it reflects the pace at which well-priced listings are being absorbed by buyers. Higher rates indicate stronger buyer urgency. Source: Redfin.

Question 3

How is the off-market-within-2-weeks rate measured in Chesapeake?

Accepted Answer

The off-market-within-2-weeks rate for Chesapeake, VA measures the share of All Residential listings that went under contract within 14 days of their list date during the period ending April 5, 2026. Data source: Redfin.

Question 4

Are homes going under contract faster or slower in Chesapeake than last year?

Accepted Answer

The off-market-within-2-weeks rate in Chesapeake is up 34.7% compared to the same period last year, as of April 5, 2026. A rising rate means buyers are absorbing listings faster. Source: Redfin.

33.8% of homes in Chesapeake went under contract within 2 weeks — up 34.7% from last year.