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Virginia home sales up 6% year-over-year

Virginia home sales up 6% year-over-year

Submitted by Andrew Kantor on October 24, 2012

The Third Quarter Virginia Home Sales Report has been released and yet again, most state-wide indicators show an improved housing market in the Commonwealth.

As shown in the graph below, the pace of home sales in the 3rd Quarter of 2012 (24,331) marked a 6% improvement over the same quarter last year (22,995).  Furthermore….

  • Virginia’s median sales price increased 5.5% in 2012-Q3
  • Virginia’s total sales volume increased 9.8% in 2012-Q3.
  • Virginia’s average days on market decreased 12% in 2012-Q3.

Read more inside the complete 3rd Quarter Virginia Home Sales Report.

The post Virginia home sales up 6% year-over-year appeared first on VARbuzz.