Virginia Home Sales Surge in November

According to the November 2016 Home Sales Report released by the Virginia Association of REALTORS® (VAR), residential real estate sales surged for the month, contributing considerably to an already strong year-end. Year-to-date measures markedly outpaced prior years. Through the end of November 2016, volume (the sum of all transactions) exceeded $34.816 billion, a gain of 7.9 percent from last year’s total of $32.271 billion, and more than 20 percent higher than through the end of November 2014 ($28.688 billion)


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The Virginia Association of REALTORS® is the largest professional trade association in the state, representing approximately 32,000 REALTORS® engaged in the residential and commercial real estate business. VAR serves as an advocate for homeownership and homeowners, and represents the interests of property owners in the Commonwealth of Virginia.

Contact:

Phone: (804) 264-5033

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