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Market Statistics 2017-09-20T10:48:32+00:00

Virginia Home Sales Report

According to the July 2017 Home Sales Report released by the Virginia REALTORS®, the residential real estate market continues to surge. Year‐to-date volume (the sum of all sales) for the period of January through July rose 9.7 percent over the same period in 2016, from $22.411 billion to $24.593 billion. Year‐over‐year, transactions in the month of July reduced by less than half of one percent: from 11,549 to 11,495. Inventory constraints continue to affect the number of sales and also drive price upward, as eager buyers demand more than the current market supplies.

Read the full report here.

PWAR Market Statistics