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BUYER BRIEFING Virginia Beach, VA
Virginia Beach, VA Market Analysis

Why now is a good time to buy in Virginia Beach, VA.

This is a strong buyer's market with tight inventory and fast-moving homes. Median days on market have dropped sharply, and absorption rates show robust demand—giving you real negotiating power.

Median Days on Market

Midpoint time listings stay active. Less skewed by outliers than the mean, giving a reliable read on how fast homes are moving.
Market Data
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CTRL+Click to display two data sets
Data provided by Altos
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Days on Market
28 days
Down sharply from 49 days in January. Homes selling faster means less time to compare and negotiate.
Months of Inventory
1.45
Up +4.3% in 1 month but still critically tight. Under 2 months supply gives buyers room to negotiate.
Median Price
$609K
Down -0.2% month-over-month and -2.6% YoY. Recent softness means better entry prices before any recovery.
New Listings
78.54
Up +20.6% from March 2026, providing more options and fresher inventory to choose from.
What This Means

You have leverage. Move strategically.

Inventory is still lean, but homes are sitting longer than earlier in 2026. Prices have softened slightly year-over-year. This combination gives you genuine room to negotiate terms and price. The absorption rate (82.38) shows demand is still strong, so your offer will be competitive—but the pace has cooled just enough to work in your favor.

Honest Caveats

Days on market remain quick, and the 28-day median shows homes still move briskly. If you find the right property, expect competition and be ready to move fast.

See homes for sale in Virginia Beach, VA
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Jon Watts
Real Estate Agent
jonwatts22@gmail.com (234) 447-777
Source: August 2025 - August 2026 Market Data
Updated August 25, 2026