2011 Virginia Housing Report

Page 5

REGIONAL C HANGES

IN HOME SALES // 2010 VS 2011

Scott Rogers Analyst/Consultant, Virginia Association of Realtors速 Some regional housing markets strengthened in 2011 and some experienced a further decline to the pace of home sales. The Central Valley of Virginia experienced the most significant increase in sales (+ 28%), and the Northern Virginia region experienced the only decline (- 8%).

R EG I O N A L C H A N G ES I N H O M E SA L ES // 2 010 VS 2 01 1

CENTRAL +27.85% NORTHERN VALLEY VIRGINIA

HAMPTON ROADS +6.27% -8.43% CENTRAL +5.26% CHESAPEAKE BAY VIRGINIA

2010 2011 2010 2011 2010 2011 2010 2011 4,3 2 7

//

5, 5 3 2

4 1 ,0 8 3

//

3 7,61 9

1 2 ,07 7

//

1 2 ,7 1 2

+5.07%

ROAONOKE LY N C H B U R G BLACKSBURG

SOUTHSIDE VIRGINIA

2010 2011 5, 9 23

//

1 ,4 7 7

2010 2011 //

//

18, 9 0 5

+7.99%

2010 2011

6, 2 23

SOUTHWEST V I R G I N I A +16.79% 953

17,7 9 0

// 1,595

NORTHERN VIRGINIA

1 , 1 13

CENTRAL VALLEY

CENTRAL VIRGINIA ROANOKE/LYNCHBURG/BLACKSBURG SOUTHWEST VIRGINIA SOUTHSIDE VIRGINIA

HAMPTON ROADS/ CHESAPEAKE BAY 4


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