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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.

Inventory is climbing and market pace is cooling, giving you more negotiating power. Prices have pulled back from their peak, creating a window of opportunity.

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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Data provided by Altos
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Inventory Levels
462 homes
Single-family inventory up +6.6% in 1mo and +29.6% in 3mo. More choices mean better negotiation leverage.
Days on Market
28 days
Median time holding steady at 28 days, down from 49 days a year ago. Market remains active but less frenzied.
Median Price
$600K
Down -3.3% in 1mo and -5.1% in 3mo from June peak. Correction creates entry opportunity before stabilization.
Price Per Square Foot
$280
Per-sqft value holding at $280, down from $286 in June. Better value on a per-unit basis right now.
What This Means

Act before momentum shifts.

Inventory is finally rising and prices are retreating from peaks—classic buyer conditions. The market remains active enough to find homes fast, but competition is easing. Lock in now before prices stabilize and sellers regain leverage.

Honest Caveats

Market action remains solidly in sellers' favor at 49.73; this is not a deeply weak seller's market, just one with more breathing room for buyers than earlier in the year.

See homes for sale in Virginia Beach, VA
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Jon Watts
Real Estate Agent
jonwatts22@gmail.com (234) 447-777
Source: September 2025 - September 2026 Market Data
Updated September 2, 2026