Key Takeaways: February 2026 Virginia Home Sales Report
Key Takeaways: February 2026 Virginia Home Sales Report
Home sales in Virginia rose 7.4% in February with 6,581 closed sales, driven by higher inventory and lower mortgage rates. The median sales price increased 1.6% to $410,000. Sold dollar volume grew 11% to about $3.4 billion. Active listings rose 9.1% to 19,601. Market momentum faces uncertainty due to the Iran war, affecting mortgage rates, construction costs, and buyer activity.