Northern Virginia housing market sales rise 11.2 percent in March 2026

10 articles · Updated · PR Newswire · Apr 24

Closed sales reached 1,336 units, while active listings fell 2.1% to 1,938 and median price rose 0.6% to $760,000.
Despite national sales dropping 1%, Northern Virginia's market remains robust, driven by strong employment and buyer confidence, even as homes take longer to sell and inventory tightens further.
NVAR launched the NOVA Housing Supply Framework to address supply challenges, aiming to boost affordability and regional competitiveness amid ongoing high demand and limited housing options.

With prices stabilizing, is the golden era of Northern Virginia real estate investment now over?

Is Northern Virginia's housing 'resilience' a sign of market strength or a bubble about to burst?

Why are homes taking nearly 40% longer to sell in such a competitive seller's market?

What makes the local job market powerful enough to completely defy national housing trends?

Will the housing crisis ultimately drive essential workers and top talent away from the region?

Can new state laws promoting backyard cottages truly fix the region's severe housing shortage?