Virginia recorded 10,649 home sales in May, a slight 0.6% decrease from last year. Active listings rose 30.6% to 23,137, with median days on market increasing to 10. The median sales price grew 3.5% to $440,000, boosting total sold volume by 1.3%. Despite more options, higher prices and near 7% mortgage rates challenge affordability, especially for first-time buyers amid economic uncertainty.