Va. home sales rise 5% in October

from year ago

 

hOMES FOR SALE IN LOCUST GROVE, VA

 

The number of residential real estate sales in Virginia increased 5 percent in October from the same month a year ago, according to a report released Friday by the Virginia Association of Realtors. The overall value of the transactions rose to $2.72 billion in October from $1.59 billion a year ago. The median statewide price for a house, with half selling for more and half for less, was $250,000 in October, up from $246,200 a year ago. Sales each month this year have exceeded the sales for the corresponding months in 2014, according to the association.

 

This is great news for those buying or selling in Lake of the Woods, Locust Grove, or the surrounding counties. If you would like to explore your home buying or selling options please contact your local REALTOR Sean Jones at 540-360-5166 anytime day or night.