Virginia's housing market gained momentum in February with a 7.4% increase in home sales and a 6.3% rise in new listings, providing buyers more options. Active listings grew over 9%, and median sales prices rose modestly by 1.6% to $410,000. Homes took longer to sell, indicating a more balanced market. Pending sales increased 5%, supported by earlier lower mortgage rates. However, rising global tensions and mortgage rates may impact future market pace.