Virginia is home to Fairfax County, Virginia Beach City, and Prince William County. The state has a population of 8,001,024 people. On top of being ranked 12th in the country in total population, it also ranks 15th when it comes to density with 202.6 people per square mile. It has one of the most prosperous populations in the nation with a median income of $62,633 per household. Besides being ranked the seventh-wealthiest state, it also ranks 16th for expenses with a cost of living adjustment score of 109.4. The top schools in the state are Louise Archer Elementary School, Carson Middle School, and Frank W. Cox High School.
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$4M  
There were 10,359 homes sold in the Virginia market over the last 30 days, while 12,043 contracts were executed. This marks the lowest amount since March, and could be a sign that the market is softening. The median sales price climbed to $312,500, and there are a fairly average four months of inventory left to be sold.
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$223K  
In this week's report, the number of homes sold in the Virginia market fell to 10,222 over the past 30 days, a decrease of 2.3% from last week's report, but still above the monthly average. The median sales price rose to $309,000, and there are a fairly average four months of inventory left to be sold.
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$33M  
The Virginia market was busy this week as sales climbed 4.3% to hit 9,977 homes sold over the last 30 days. The median sales price has been increasing as it hit $305,000, extending a 12-week long spike.
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$12M  
There were 8,821 homes sold in the Virginia market over the last 30 days. During the same period, the total number of price reductions was 10,209, the most since August. The median sales price rose to $300,000, up from last week's $299,000.
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$166K  
The Virginia market slowed this week but was still better than normal as sales fell to 9,067 homes sold over the last 30 days. The median sales price in Virginia rose to $309,000 while months of inventory was flat at four.
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Virginia is home to Fairfax County, Virginia Beach City, and Prince William County. The top schools in the state are Louise Archer Elementary School, Carson Middle School, and Frank W. Cox High School.
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$22M  
Despite a 3.9% decline in sales over the last 30 days, the Virginia market extended a nine-week hot streak with a total of 8,855 homes sold in that span. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. There are four months of inventory remaining in the market, and that will likely remain the case as the median sales price rose to $305,000 this week.
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$22M  
A bump in the number of contracts in the Virginia market over the last 30 days resulted in the highest amount since last May. 11,928 homes went under contract to go along with 8,825 completed sales, which also extends an eight-week upward sales trend. As contracts hit a plateau, prices have been increasing. The median sales price hit $306,000, extending an eight-week long spike.
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$25M  
Over the last 30 days, the sale of 7,991 homes took place in the Virginia market. This shows a 2.2% jump from the prior period and the continuation of a budding upward trend. All indications show that the trend may be coming to an end, meaning less sales over the next few weeks. Potential buyers should take note that the median sales price in Virginia climbed to $300,000 and that there are four months of inventory still available.
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