>>Virgina Housing Market Stronger In 2024 Than Prior Year
(Richmond, VA) -- Experts expert that Virginia’s 2024 housing market actually ended stronger than it did back in 2023.Preview: SCRIPT
The December 2024 Virginia Homes Sale Report released by Virginia REALTORS showed positive housing market activity, with nearly 8 thousand home sales closed in Virginia by the end of the year, that being an increase of almost a thousand. The statewide average sales price was around $414 thousand in December, almost $31,000 higher than the previous year, attributed to a supply/demand imbalance. WRIC report that data also indicated close to $4.1 billion in sales statewide in December, an increase of almost $800 million from the previous the prior year.