Virginia Real Estate Market• Updated Aug 2026

Market Pulse

|Real-time Analysis

Market Pulse: Balanced ⚖️

The Virginia real estate market is currently a Balanced Market. Homes are retaining 98% of their value (Sale Price to List Price Ratio). With 24867 active listings and 9710 closed sales this month, inventory remains at 5.4 months of supply. Trends over the last half-year show median values moving up by 11%, while Average Days on Market holding steady.

Top Listing & Buyer's Agents in Virginia

Detached Homes

Sales Volume

Sales volume has decreased by 8% over the last 6 months, showing a downward trend with currently 1.9K transactions.

Townhomes

Sales Volume

Sales volume has decreased by 13% over the last 6 months, showing a downward trend with currently 385 transactions.

Condo/Co-op

Sales Volume

Sales volume has decreased by 22% over the last 6 months, showing a downward trend with currently 292 transactions.

Multi-Family (2-4 Unit)

Sales Volume

Sales volume has grown by 2% over the last 6 months, showing a positive trend with currently 29 transactions.

Mobile/Manufactured Homes

Sales Volume

Sales volume has decreased by 29% over the last 6 months, showing a downward trend with currently 11 transactions.

Virginia Real Estate Market Trends August 2026

Total Active Listings

24,867

+1 New

Recently Listed (7d)

market entries

Average List Price

$638K

current avg.

Inventory Breakdown by Segment

Property Type	Entry Level	High-End	Mid-Market	Ultra-Luxury	Total
Condo/Co-op	2K	127	1K	43	3.2K
Detached Home	2.3K	4.2K	9.4K	2K	17.9K
Mobile/Manufactured Home	79	23	83	17	202
Multi-Family (2-4 Unit)	37	63	110	60	270
Townhome	863	189	2.2K	32	3.3K

Market Insights & FAQ

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

The data indicates a stable environment in Virginia. Inventory is at 5.4 months, meaning a balanced environment with steady turnover. Inventory levels provide a healthy range of options for prospective buyers.

What are the current pricing trends for Virginia real estate?

Currently, $410,000 represents the median entry point in Virginia. Over the past half-year, home values in Virginia have moved upward by approximately 11% 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 98.4%. On average, properties in Virginia are transitioning from active to sold status in 58 days.

Virginia Real Estate Market• Updated Aug 2026

Market Pulse: Balanced ⚖️

Top Listing & Buyer's Agents in Virginia

Detached Homes

Townhomes

Condo/Co-op

Multi-Family (2-4 Unit)

Mobile/Manufactured Homes

Virginia Real Estate Market Trends August 2026

Inventory Breakdown by Segment

Market Insights & FAQ

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

What are the current pricing trends for Virginia real estate?

Are sellers in Virginia getting their full asking price?

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