Housing inventory increases in Virginia: Creating more options for home buyers

Housing inventory increases in Virginia: Creating more options for home buyers
Published Wednesday, May. 19, 2021, 9:00 am
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Virginia saw a 12 percent increase in the number of new listings on the market between March and April, according to the April 2021 Home Sales Report released by Virginia REALTORS®.
This double-digit rise brings positive news amid months of staggeringly low inventories of available homes.
While it is typical for new listings to increase between March and April, this year’s month-to-month gain is larger than it has been in recent years. In total, 17,558 new listings came on the market in April 2021. New listings were up 33.5 percent from April 2020, but last year’s number was low due the arrival of COVID-19.

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