Virginia home sales, median prices show strong growth in April 2012

Home sales in Virginia increased 14% year-over-year in April 2012 – a welcome sign of further stability and growth in the Commonwealth’s housing markets.  In further exciting news, the median sales price also increased by nearly 4%, and average days on market decreased!

Click here to view the full April 2012 Virginia Home Sales Report, which also highlights:

• Monthly median sales prices increased 3.9% over the past year.
• Monthly sales volume increased 13% over the past year.
• Average days on market declined 9% year-over-year to 90 days in April 2012.