Virginia housing sales overview for January

In Virginia — based on data from the state’s various MLSs — sales were down about 6.75% in January (compared to 2010), with the number of new listings dropping 15.7% year to year. Pending sales dropped sharply over 2010 — down 43.7% January to January.

The average closed price was down slightly (-1.4% over 2010).

That’s statewide. Locally, things are different. Sales in both the Richmond and Virginia Beach-Norfolk-Newport News regions were up close to 17% January to January; Charlottesville saw an 11.4% increase and the Lynchburg area was up about 2.3%.

But these numbers were offset by declines in the Washington region, as well as the Roanoke, Winchester, Blacksburg, and Danville areas.

About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
This entry was posted in The Buzz. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *