Home sales in Virginia rebounded in August after a lackluster July and rose higher from the same month a year ago, according to the August Home Sales Report released Thursday afternoon by the Virginia Association of Realtors.
Sales in central Virginia, Northern Virginia and Hampton Roads accounted for the largest percentage of overall sales last month in the commonwealth, underscoring a sustained strengthening in the market, according to the report.
A total of 11,482 houses were sold in August in Virginia, up 12.5 percent from the same period a year ago. The median sales price, with half the houses selling for more and half for less, was $272,500, up 1.7 percent from the same month a year ago.
