Virginia
Counties with the most homes selling under list price in Virginia
It’s a tough time to be in the market for a new house. But as peak homebuying season begins, homebuyers are starting to have at least some negotiating power—especially in markets that recorded large price growth over the last few years.
The average 30-year, fixed-rate mortgage rose above 7% at the start of November 2022, the highest level in more than a decade, as the Federal Reserve raised its benchmark rates to combat inflation. Today, rates remain at historic highs; even half of a percentage point change can significantly affect the monthly payments required for a mortgage.
Since mortgage rates were under 4% for the better part of the past decade, many homebuyers locked in far more affordable rates than what’s available in today’s environment. And sellers aren’t exactly coming down on price: Nationally, home prices are still increasing—just more slowly than they did during the height of the COVID-19 pandemic.
Nationally, the median home sale price in March was $420,321, 4.8% higher than the year before. In Virginia, the median sale price was $432,000, while the average price difference was 0.02% below asking.
Stacker compiled a list of counties in Virginia where homes typically sell below list price using data from Redfin.
#9. Spotsylvania County
– Average price difference: 0.08% below list
— Median list price: $449,000
— Median sale price: $445,000
– Total homes sold: 141
— Share that sold above list: 41.8%
#8. James City County
– Average price difference: 0.10% below list
— Median list price: $499,999
— Median sale price: $420,000
– Total homes sold: 111
— Share that sold above list: 33.3%
#7. Suffolk
– Average price difference: 0.14% below list
— Median list price: $420,000
— Median sale price: $394,399
– Total homes sold: 165
— Share that sold above list: 40.0%
#6. Virginia Beach
– Average price difference: 0.15% below list
— Median list price: $369,950
— Median sale price: $370,000
– Total homes sold: 465
— Share that sold above list: 44.9%
#5. Norfolk
– Average price difference: 0.41% below list
— Median list price: $315,000
— Median sale price: $303,250
– Total homes sold: 290
— Share that sold above list: 39.0%
#4. Augusta County
– Average price difference: 0.91% below list
— Median list price: $309,900
— Median sale price: $289,900
– Total homes sold: 123
— Share that sold above list: 36.6%
#3. Roanoke County
– Average price difference: 1.02% below list
— Median list price: $292,500
— Median sale price: $245,000
– Total homes sold: 239
— Share that sold above list: 33.9%
#2. Portsmouth
– Average price difference: 1.04% below list
— Median list price: $260,000
— Median sale price: $257,250
– Total homes sold: 136
— Share that sold above list: 43.4%
#1. Frederick County
– Average price difference: 1.12% below list
— Median list price: $439,900
— Median sale price: $426,500
– Total homes sold: 160
— Share that sold above list: 21.2%
This story features data reporting and writing by Elena Cox and is part of a series utilizing data automation across 28 states.
© Stacker 2024. All rights reserved.
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Virginia Pitcher Stuns The Internet With Disgusting Dugout Banana Video
Look, it’s a slow news day outside of Valhalla. That’s generally what happens on May 18. People think the Dog Days of Summer start in July, but that ain’t true. They start right around now.
Thankfully, though, we have one psycho on the University of Virginia baseball team to fill the void. Now, did he fire a no-no? No. Get in a fight? Nope. Say something stupid? Not that I know of.
What he did, though, tops all of those things. It has my brain in an absolute pretzel this afternoon. I’ve never seen anything quite like it, and I’m not sure if this kid’s an idiot … or possibly a genius.
Luckily, it was all caught on camera – so we’ll let you, the fine folks of Outkick, decide:
Virginia player flips the banana game on its head
It’s just stunning, right? I’ve never, in my life, seen someone attack a banana like that. It’s like the Matrix, or Inception. I know what I’m watching, but my mind can’t really comprehend it.
Do people eat bananas this way? I mean, you’re essentially eating it like corn on the cob, right? That’s the idea. Going the horizontal route with a banana instead of the mainstream vertical way is such a diabolical move, I don’t know whether he’s brilliant or should be immediately kicked off the team.
Speaking of him …. my context clues and Big J digging tell me this lunatic is probably pitcher Jack O’Connor. He commented on the above video, via Instagram, “Banana on the cob.” That tells me pretty much all I need to know.
Anyway, remember this moment from The Office? This is how I feel after watching Jack here maul that banana.
Yeah, I just don’t get it. This kid from Virginia has me all over the place today. My toddler eats like six bananas a day. Do I get her started young and make the switch now, or will she just be mocked for the rest of her life if I do that?
Now, I will say – most of America seems to be disgusted with this. This video has gone viral this afternoon, and 99% of the comments think he’s a lunatic.
But then again, Twitter is normally not real life. Whenever I see something popping off on Twitter, I go the opposite direction, because 99 times out of 100, that’s the right answer.
Anyway, I may dabble with this move at some point today and get back to y’all. Stay tuned.
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