Are house prices dropping in Virginia?
According to the national property broker, Redfin, the home prices in the Virginia housing market were up 4.7% year-over-year in August 2022. The number of homes sold fell 20.4% and the number of homes for sale fell 26.2%. 41% Homes Sold Above List Price in August. 35.6% Homes Sold with Price Drops.
Is the housing market slowing down in Virginia?
Northern Virginia home sales dropped 25% from last August, reflecting a slow market correction, even as home prices climbed from this time last year. Homes took 19 days on average to sell in August 2022, up 5.6% compared to August 2021.
Is Roanoke VA a good place to live?
Roanoke is a lively city with beautiful views, amazing food, affordable living, and outdoor activities galore. That’s why Roanoke has been named the “Best Place to Raise an Outdoor Family” by Blue Ridge Outdoors Magazine. There are also plenty of options for schools if that’s one of your concerns.