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

Why now is an excellent time to buy in Virginia Beach, VA.

This is a strong buyer's market with tight inventory and accelerating sales. Single-family prices have stabilized while absorption remains robust, giving you real negotiating leverage.

Median Price

Midpoint listing price across the market. The single most important benchmark for understanding overall market value and tracking price trends over time.
Market Data
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CTRL+Click to display two data sets
Data provided by Altos
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Months of Inventory
1.44
Critically tight at 1.44 months. Down -7.3% in 3mo and -0.7% YoY. Sellers
Days on Market
28 days
Fast turnover at 28 days. Down -33.3% in 3mo and -20.0% YoY. Competitive market
Median Price
$610K
Stable at $610K. Down -1.3% in 3mo and -2.4% YoY. Prices cooling slightly, act now
Price per Sq Ft
$282
Per-foot value at $282. Up +1.6% in 3mo and +2.3% YoY. Efficient pricing overall
What This Means

Inventory is critically tight—move quickly.

Fewer homes are sitting on the market, and buyers are absorbing supply faster than new listings arrive. Your leverage exists now. Homes sell in weeks at fair prices. Waiting means less choice and higher competition.

Honest Caveats

Days on market have shortened sharply, signaling accelerating buyer interest. Competition is tightening even in a buyer's market—delaying your search costs you options.

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 22, 2026