Virginia Real Estate Has Solid First Quarter

The Northern Virginia real estate market received good grades for the first quarter, according to a Virginia Realtors report.

The January-to-March sales period showed an increase of 7.8 percent from the same time frame a year before, with sales up 25 percent from the first quarter just three years ago.

Transactions were up in every corner of Virginia, with the year-over-year changes ranging from 2.2 percent in the Shenandoah Valley to 28.3 percent in Southside Virginia.

In Northern Virginia, sales for the quarter were up 7.1 percent from a year ago.

Virginia Realtors’ definition of “Northern Virginia” includes the Virginia Piedmont real estate as well.

Here’s a link to Inside Nova with more details.