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More homes on market give buyers in Virginia major markets options

More homes on market give buyers in Virginia major markets options

In October, Northern Virginia, Central Virginia, and Hampton Roads saw increased home inventory year-over-year, offering more options for buyers. Northern Virginia reported a 7.5% rise in home sales and a 4.9% increase in median price to $750,000. Hampton Roads had a slight sales decline but a 2.26% price increase to $362,000. Central Virginia saw a small drop in single-family sales but higher pending sales and a median price rise to $415,000.

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