Virginia’s housing market reported more listings and buyer activity in March 2025, according to Virginia REALTORS. Pending home sales increased by 5.1% in March compared to the previous year. Closed sales in March were down 4.5% statewide compared to March 2024. Active listings grew by nearly 30% year-over-year at the end of March. The statewide median sales price rose 5.3% to $418,000 in March 2025.
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