Coldwell Banker Home Listing Report Finds Danville and Reston/Vienna Ranked Most Affordable and Expensive Markets in Virginia
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 listing price of $144,835, while Reston/Vienna ranked as the most expensive market in the state, with an average listing price of $641,783.
The annual report is the most extensive home price comparison tool currently available in the United States, ranking the average listing price of four-bedroom, two bathroom homes in more than 2,700 markets. While other affordability reports provide average or median prices for all homes in a given area, the Coldwell Banker Home Listing Report analyzes more than 81,000 four-bedroom, two-bathroom home listings to better address how much a home in one market would cost if the same home were located somewhere else in the country.
Top 10 Most Expensive Markets in Virginia
|Reston/Vienna||VA||$641,783||1||Show me listings|
|Alexandria||VA||$625,333||2||Show me listings|
|Fairfax||VA||$569,111||3||Show me listings|
|Ashburn||VA||$559,750||4||Show me listings|
|Burke||VA||$549,665||5||Show me listings|
|Falls Church||VA||$545,472||6||Show me listings|
|Centreville||VA||$504,446||7||Show me listings|
|Herndon||VA||$490,560||8||Show me listings|
|Chantilly||VA||$465,799||9||Show me listings|
|Bealeton/Midland||VA||$443,507||10||Show me listings|
Full data for Virginia, including affordability rankings of its local markets, is available on the Coldwell Banker Home Listing Report website.
About the 2015 U.S. Home Listing Report (Methodology):
The Coldwell Banker® U.S. Home Listing Report analyzes the average listing price of four-bedroom, two-bathroom real estate properties on coldwellbanker.com between December 2014 and June 2015 for 81,417 listings in 2,722 markets. The Coldwell Banker franchised affiliates, as well as other franchise brands associated with Realogy Holdings Corp, contribute to listings on coldwellbanker.com. Markets without at least 10 four-bedroom, two-bathroom listings on coldwellbanker.com between December 2014 and June 2015 were excluded from the ranking.
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