The August 2012 Virginia Home Sales Report has been released and yet again, most state-wide indicators show an improved housing market in the Commonwealth.

As shown above, the pace of home sales in August 2012 (8,679) marked a 7% improvement over the same month one year earlier (8,125).  Furthermore….

  • Virginia’s median sales price increased 3% in August 2012.
  • Virginia’s total sales volume increased 10% in August 2012.
  • Virginia’s average days on market decreased 12% in August 2012.

Read more inside the complete August 2012 Virginia Home Sales Report.