Market Report

Virginia Real Estate in 2025

Virginia’s Housing Market Trends for 2025: What Buyers and Sellers Need to Know

As we step into 2025, Virginia's housing market continues to evolve, presenting both opportunities and challenges for buyers and sellers. Northern Virginia, with its proximity to Washington, D.C., thriving job market, and desirable communities, remains a focal point for the state’s real estate activity. Here’s a deep dive into the trends shaping the market this year and how you can make the most of...

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Bright MLS Market Update: Contracts Up, Cancellations Rise, Price Cuts Increase

Contracts Show Positive Signs: Good news for sellers! New contracts for the week ending April 14th surpassed the same period last year by 10.4%. This momentum continued from the previous week, with a healthy 15.4% jump in new pending contracts. Canceled Listings on the Rise: While contracts are up, there’s also been a noticeable increase in canceled listings. Compared to last year, the Bright MLS...

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