Home sales AND prices up 6% in July 2012

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

As shown below, the pace of home sales in July 2012 (8,422) marked a 6% improvement over the same month one year earlier (7,970).  Furthermore….

• Virginia’s median sales price increased 6% in July 2012
• Virginia’s total sales volume increased 10% in July 2012
• Virginia’s average days on market decreased 10% in July 2012

Read more inside the complete July 2012 Virginia Home Sales Report