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Home Sales

Click here to download the 2016 August Home Sales Report.

Market Summary - Virginia 2016 August Home Sales Report

According to the August 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR), residential real estate sales have rebounded strongly from a lagging July and are markedly higher than at this time last year. Year-to-date measures continue to outpace prior years and suggest sustained market strengthening. Volume through the end of August 2016 exceeded $25.941 billion, a gain of 6.8 percent from last year’s accumulation of $24.294 billion.

“Particularly strong sales in Virginia’s densest regions fostered an August boom,” stated 2016 VAR President Bill White. “We are beginning to overcome inventory constraints that have been a challenge through summer months. With financing still available at historically low interest rates, buyers are motivated to enter the market and are now able to take advantage of greater inventory.”



Click here to download the 2016 August Home Sales Report.

2016 Virginia Home Sales Reports (pdf format)