Virginia Real Estate Market• Updated

Market Pulse
|Real-time Analysis

Market Pulse: Opportunity 📈

The Virginia real estate market is currently a Buyer's Market. Homes are retaining 97% of their value (Sale Price to List Price Ratio). With 11470 active listings and 7424 closed sales this month, inventory remains at 2 months of supply. Trends over the last half-year show median values moving up by 15%, while Average Days on Market has increased by 7%.

Top Listing & Buyer's Agents in Virginia

Detached Homes

4.9K6.1K7.2KAprMayJunJulAugSep
Sales Volume
Sales volume has decreased by 20% over the last 6 months, showing a downward trend with currently 4.9K transactions.

Townhomes

1.1K1.4K1.7KAprMayJunJulAugSep
Sales Volume
Sales volume has decreased by 24% over the last 6 months, showing a downward trend with currently 1.1K transactions.

Condo/Co-op

695829963AprMayJunJulAugSep
Sales Volume
Sales volume has decreased by 22% over the last 6 months, showing a downward trend with currently 695 transactions.

Multi-Family (2-4 Unit)

4960.572AprMayJunJulAugSep
Sales Volume
Sales volume has decreased by 19% over the last 6 months, showing a downward trend with currently 58 transactions.

Mobile/Manufactured Homes

404754AprMayJunJulAugSep
Sales Volume
Sales volume has decreased by 3% over the last 6 months, showing a downward trend with currently 40 transactions.

Virginia Real Estate Market Trends October 2026

Total Active Listings
11,470
+1 New
Recently Listed (7d)
1
market entries
Average List Price
$644K
current avg.

Inventory Breakdown by Segment

Property TypeEntry LevelHigh-EndMid-MarketUltra-LuxuryTotal
Condo/Co-op
899
54
540
24
1.5K
Detached Home
943
2.2K
4.1K
997
8.3K
Mobile/Manufactured Home
45
10
29
14
98
Multi-Family (2-4 Unit)
10
26
46
36
118
Townhome
311
109
1K
15
1.5K

Market Insights & FAQ

How is the real estate market in Virginia performing right now?

The data indicates a active environment in Virginia. Inventory is at 2 months, meaning a balanced environment with steady turnover. Inventory is balanced but lean, requiring buyers to be decisive.

What are the current pricing trends for Virginia real estate?

Currently, $411,000 represents the median entry point in Virginia. Over the past half-year, home values in Virginia have moved upward by approximately 15% based on regional transaction data.

Are sellers in Virginia getting their full asking price?

Buyers have room for negotiation in Virginia, with a Sale Price to List Price Ratio of 96.9%. On average, properties in Virginia are transitioning from active to sold status in 62 days.

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