The summer of 2022 was an odd time in the Virginia housing market, as the market cooled down considerably, but prices continued to climb. The effects of the Covid-19 pandemic may be waning, as Virginians are slowing down on their need to move about the state.
As we open 2022, housing experts, buyers, and sellers wonder where the real estate market will head this year. Let’s explore some predictions for our housing market here in Virginia:
The past year has seen some unique trends in the Virginia housing market, with the first three quarters seeing steady growth and the last few months seeing a slow-down, or a return to “normal.” But that normal is still higher than where we were before the COVID-19 pandemic struck. Let’s take a look at some of the key trends that have emerged in the Virginia real estate market over 2021.
With winter fast-approaching, it’s time to see where the Virginia housing market stands at the tail end of what has been a memorable year!
Summer 2021 was a hot season for selling in Virginia, with much of the market bouncing back from the low inventory that COVID-19 compounded. Now that summer is nearing the end, here are some key trend takeaways from the summer real estate market in Virginia that can give us an idea of what to expect in the fall.
Fredericksburg-Stafford-Spotsylvania The Fredericksburg area’s real estate market remains strong this February with year-over-year increases in total sold dollar volume, median price, and units sold as well as a decrease in average days on market. Inventory is still...
The National Association of Realtors released their first ever “Veterans & Active Military Home Buyers and Sellers Profile” in May, which shed some light on military members’ real estate habits and trends. The study showed that 95% of active-duty members and 88%...
See Where Your City Stacks Up! Coldwell Banker annually shares a look at the nation’s housing market through an “apples-to-apples” comparison of like-sized homes. The Home Listing Report is the largest survey of its kind, comparing more than 50,000 4-bedroom/2-bath...
By Poppy Merrell Solar Panels—Worth The Hype? While completely eliminating your utility bill sounds alluring to most homeowners, purchasing your own solar panels still requires a fairly large upfront cost (around $20k in Fredericksburg). The good news is that solar...
Coldwell Banker Real Estate LLC released its 2015 Home Listing Report (HLR), which ranks the affordability of 51 real estate markets in Virginia. The Coldwell Banker® Home Listing Report named Danville the most affordable market in Virginia, with an average...