Skip to content
  • Contact Us
  • Member Login

Virginia Peninsula REALTORS®

The Voice for Real Estate on the Virginia Peninsula

  • Home
  • About VPAR
    • Board of Directors
    • Code of Ethics
      • 2021 REALTOR® Code of Ethics and Standards of Practice
      • Mediation Information
      • Ethics Complaints, Arbitration Requests and Related Information
      • Before you File an Ethics Complaint
      • Ethics Compaint Form (E-1)
      • Arbitration Guidelines
      • Arbitrable Issues
      • Request and Agreement for Arbitration (A-1)
    • Committee & Council Leadership
    • Governing Documents
    • History
    • Past Presidents
    • Privacy Policy
    • VPAR Charitable Foundation
      • Donate To The VPAR Charitable Foundation
      • Support VPAR with Amazon Smile
      • VPAR Charitable Foundation Events
  • Calendar
  • Education
    • Education Center – Room Rental
    • Education Policy
    • Peninsula Real Estate School
      • Code of Ethics Training with CE Credit
      • REALTOR® Institute – GRI Designation
    • Real Estate Pre-License Saleperson Classes
    • Leadership Development
      • Virginia REALTORS® – Certifications and Designations
      • Virginia REALTOR® Leadership Academy
      • Virginia REALTORS® – Understanding Your Leadership Style
      • Virginia REALTORS® – What’s In It For The Member Presentation
      • NAR Leadership Development Resources
      • NAR REALTOR® LEAD Courses
      • LEAD Peninsula – Virginia Peninsula Chamber
      • LEAD 757 – Hampton Roads Chamber
      • Greater Williamsburg Chamber
      • Virginia REALTOR® Institute – GRI
      • Womens Council of REALTORS
      • REALTORS® EXCELLING IN ASSOCIATION LEADERSHIP (REAL)
    • Online Continuing Education
    • Property Management
      • Property Management Broker Office Policy Manual
      • NAR Rental Assistance Resources
      • CFPB Resources for Tenants – Help with rent and utilities
      • CFPV Media Toolkit for Property Managers
    • Risk Management
    • Virginia REALTORS® Learning Center
    • Virginia REALTORS® Education Calendar
  • Events
    • Annual Awards and Installation Banquet
    • Outstanding Salesmanship Club (OSC) Awards Program
      • Past Outstanding Salesmanship Awards
    • REALTOR® Fest Tradeshow
  • Membership
    • Benefits & Resources
      • Advocacy
        • The Legislative Line
        • RPAC – 2021 Investors
          • Invest to Support RPAC
      • Broker Resources
        • Broker Add Delete Form
        • Designated REALTOR® Dues Formula
        • NAR Broker Involvement
        • NAR Field Guides For Brokerages
        • Residential Broker Office Policy Manual
        • Sales Meetings Kits
        • Virginia REALTORS® Broker Resources
      • Fair Housing, Diversity & Inclusion Resources
        • NAR Diversity & Inclusion Resources
          • At Home with Diversity
          • Bias Override: Overcoming Barriers to Fair Housing
          • FairHaven: A Fair Housing Simulation
        • VAR Diversity Equity & Inclusion Resources
        • Asian Real Estate Association
        • Hampton Roads Association of Real Estate Brokers
        • Hampton Diversity College
        • National Association of Hispanic Real Estate Professionals
        • The Color of Law by Richard Rothstein
      • Legal Corner
        • Legal Articles
        • Legal FAQS
        • Legal Hotline
        • Legal Podcasts
        • Legal Videos
        • Military Air Installation – Property Noise Contour List
        • Signs in Hampton
      • Market Updates
        • Peninsula Market Updates
        • Virginia Market Reports
      • Member Tax Information
      • NAR Membership Benefits
      • National Flood Insurance Program Resources
      • REALTOR® Safety
        • Field Guide to REALTOR® Safety
        • The 10 Commandments of Agent Safety
        • Open House Safety Tips
        • Real Estate’s 6 Most Dangerous Everyday Situations
        • The Safety Talk You Need to Have With Clients
      • Virginia REALTORS® Member Benefits
    • Find A Member
    • New REALTOR® Membership Information
      • REALTOR® Membership Application Process
      • New Member Application
      • 2022 Dues Information
      • VPAR Monthly Membership Dues Payment Plans
      • NAR Code of Ethics Course For New Members
      • NAR New Member Orientation
      • NAR New Member Welcome Guide
      • REALTOR® Trademark
      • REALTOR® Property Resource (RPR) for New Users
      • Virginia REALTORS® New Member Resources
    • Affiliate & Partner Membership Information
      • Affiliate Membership
      • Peninsula Partners
        • 2022 Peninsula Partner Application
    • VPAR Life Membership Information
  • REIN MLS
  • Supra
    • Supra – New Member Orientation Video
    • Supra VPAR Sublease Agreement
    • Supra eKey Resources
      • Supra Agent Training Resources
      • Supra eKEY Customer Support
      • Supra Single Access Overview
        • Single Access with eKey – Listing Agent
        • Single Access with eKEY – Instructions for Users
      • Supra Website
        • SupraWEB Customer Support
      • VPAR Supra Rules & Regulations
  • Toggle search form

February 2016 Homes Sales Report

Posted on March 22, 2016 By Jim Wetzel

February Home Sales

According to the Virginia Association of REALTORS® (VAR) February 2016 Home Sales Report, residential real estate sales rose significantly over the prior month and increased from February 2015. The month to month increase reflects both seasonal thawing and the contrast to a January 2016 market that was impacted by severe weather. Aggregate transaction value was $1.93 billion, $77 million more than for the same month last year. The boost to transaction value is due to the higher number of sales closed, as median price remained relatively static. Days on the market decreased from the same month last year by nearly 7 percent, remaining on par with this January. Buoyed consumer confidence is reflected in the latest Virginia unemployment data.  The state unemployment rate dropped to a seasonally-adjusted 4.1 percent in January, its lowest level since July 2008. According to the February revenue report released by the state, recordation taxes rose significantly year-over-year.

 

Read the full report here.

Market Updates, REALTOR® Update

Post navigation

Previous Post: THE LEGISLATIVE LINE / The Legislative Update from VPAR / 2016 ADJOURNMENT SINE DIE EDITION March 13, 2016
Next Post: Voice for Real Estate: Scams, Accounting, Appraisals

05.12-05.15-Brighten-Your-Career-20-Catalog

05.12-05.15-Brighten-Your-Career-20-Catalog

Get Involved – Apply for a VPAR Committee Position 2022

Get Involved – Apply for a VPAR Committee Position 2022

Categories

Donate to support our local housing charities !

Donate to support our local housing charities !

Archives

Support VPAR’s 2022 Peninsula Partners!

Diamond Partner
Diamond Partner
Diamond Partner
Diamond Partner
Gold Partner
Gold Partner
Gold Partner
Gold Partner
Gold Partner
Gold Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Silver Partner
Bronze Partner
Bronze Partnre
Bronze Partner

Copyright © 2022 Virginia Peninsula REALTORS®.

Powered by PressBook WordPress theme

Menu
  • Home
  • About VPAR
    • Board of Directors
    • Code of Ethics
      • 2021 REALTOR® Code of Ethics and Standards of Practice
      • Mediation Information
      • Ethics Complaints, Arbitration Requests and Related Information
      • Before you File an Ethics Complaint
      • Ethics Compaint Form (E-1)
      • Arbitration Guidelines
      • Arbitrable Issues
      • Request and Agreement for Arbitration (A-1)
    • Committee & Council Leadership
    • Governing Documents
    • History
    • Past Presidents
    • Privacy Policy
    • VPAR Charitable Foundation
      • Donate To The VPAR Charitable Foundation
      • Support VPAR with Amazon Smile
      • VPAR Charitable Foundation Events
  • Calendar
  • Education
    • Education Center – Room Rental
    • Education Policy
    • Peninsula Real Estate School
      • Code of Ethics Training with CE Credit
      • REALTOR® Institute – GRI Designation
    • Real Estate Pre-License Saleperson Classes
    • Leadership Development
      • Virginia REALTORS® – Certifications and Designations
      • Virginia REALTOR® Leadership Academy
      • Virginia REALTORS® – Understanding Your Leadership Style
      • Virginia REALTORS® – What’s In It For The Member Presentation
      • NAR Leadership Development Resources
      • NAR REALTOR® LEAD Courses
      • LEAD Peninsula – Virginia Peninsula Chamber
      • LEAD 757 – Hampton Roads Chamber
      • Greater Williamsburg Chamber
      • Virginia REALTOR® Institute – GRI
      • Womens Council of REALTORS
      • REALTORS® EXCELLING IN ASSOCIATION LEADERSHIP (REAL)
    • Online Continuing Education
    • Property Management
      • Property Management Broker Office Policy Manual
      • NAR Rental Assistance Resources
      • CFPB Resources for Tenants – Help with rent and utilities
      • CFPV Media Toolkit for Property Managers
    • Risk Management
    • Virginia REALTORS® Learning Center
    • Virginia REALTORS® Education Calendar
  • Events
    • Annual Awards and Installation Banquet
    • Outstanding Salesmanship Club (OSC) Awards Program
      • Past Outstanding Salesmanship Awards
    • REALTOR® Fest Tradeshow
  • Membership
    • Benefits & Resources
      • Advocacy
        • The Legislative Line
        • RPAC – 2021 Investors
          • Invest to Support RPAC
      • Broker Resources
        • Broker Add Delete Form
        • Designated REALTOR® Dues Formula
        • NAR Broker Involvement
        • NAR Field Guides For Brokerages
        • Residential Broker Office Policy Manual
        • Sales Meetings Kits
        • Virginia REALTORS® Broker Resources
      • Fair Housing, Diversity & Inclusion Resources
        • NAR Diversity & Inclusion Resources
          • At Home with Diversity
          • Bias Override: Overcoming Barriers to Fair Housing
          • FairHaven: A Fair Housing Simulation
        • VAR Diversity Equity & Inclusion Resources
        • Asian Real Estate Association
        • Hampton Roads Association of Real Estate Brokers
        • Hampton Diversity College
        • National Association of Hispanic Real Estate Professionals
        • The Color of Law by Richard Rothstein
      • Legal Corner
        • Legal Articles
        • Legal FAQS
        • Legal Hotline
        • Legal Podcasts
        • Legal Videos
        • Military Air Installation – Property Noise Contour List
        • Signs in Hampton
      • Market Updates
        • Peninsula Market Updates
        • Virginia Market Reports
      • Member Tax Information
      • NAR Membership Benefits
      • National Flood Insurance Program Resources
      • REALTOR® Safety
        • Field Guide to REALTOR® Safety
        • The 10 Commandments of Agent Safety
        • Open House Safety Tips
        • Real Estate’s 6 Most Dangerous Everyday Situations
        • The Safety Talk You Need to Have With Clients
      • Virginia REALTORS® Member Benefits
    • Find A Member
    • New REALTOR® Membership Information
      • REALTOR® Membership Application Process
      • New Member Application
      • 2022 Dues Information
      • VPAR Monthly Membership Dues Payment Plans
      • NAR Code of Ethics Course For New Members
      • NAR New Member Orientation
      • NAR New Member Welcome Guide
      • REALTOR® Trademark
      • REALTOR® Property Resource (RPR) for New Users
      • Virginia REALTORS® New Member Resources
    • Affiliate & Partner Membership Information
      • Affiliate Membership
      • Peninsula Partners
        • 2022 Peninsula Partner Application
    • VPAR Life Membership Information
  • REIN MLS
  • Supra
    • Supra – New Member Orientation Video
    • Supra VPAR Sublease Agreement
    • Supra eKey Resources
      • Supra Agent Training Resources
      • Supra eKEY Customer Support
      • Supra Single Access Overview
        • Single Access with eKey – Listing Agent
        • Single Access with eKEY – Instructions for Users
      • Supra Website
        • SupraWEB Customer Support
      • VPAR Supra Rules & Regulations