Homes Sales Report

BTVAR Homes Sales Report – Q4 2025 Economic Conditions • There were approximately 4.27 million jobs in Virginia as of November 2025, this is about 8,600 more than the October 2025 totals, but down about 800 jobs from the start of 2025. • The unemployment rate in Virginia jumped to 3.9% in November (not seasonally…

BTVAR Homes Sales Report – Q3 2025 Economic Conditions • Virginia’s job market expanded in August, with 7,200 more jobs than July. This is the strongest monthly gain so far this year. • The unemployment rate in Virginia climbed to 3.9% in August (not seasonally adjusted), up from last August when it was 3.3%. In…

BTVAR Homes Sales Report – Q2 2025 Economic Conditions • Virginia’s job market had modest growth in May. There were approximately 1,200 more jobs statewide in May compared to April. • The unemployment rate in Virginia rose to 3.5% in May (not seasonally adjusted). A year ago, it was 2.8%. In the BTVAR region, the…

BTVAR Homes Sales Report – Q1 2025 Economic Conditions • Virginia’s job market has contracted for two straight months. There were approximately 1,000 fewer jobs statewide in February compared to January. • The unemployment rate in Virginia rose to 3.3% in February (not seasonally adjusted). A year ago it was 2.9%. In the BTVAR footprint,…

BTVAR Homes Sales Report – Q2 2024 Economic Conditions – Job growth continues in Virginia’s economy. There were 8,800 additional jobs added statewide between April and May 2024. – Virginia’s unemployment rate fell to 2.7% in May 2024 (not seasonally adjusted). This is down from 2.8% in May 2023. In the BTVAR region, the unemployment…

BTVAR Homes Sales Report – Q1 2024 Economic Conditions – Virginia’s job base is growing. There were 10,600 more jobs across the state in February compared to January 2024. – The statewide unemployment rate in Virginia was 2.9% in February 2024 (not seasonally adjusted), which is unchanged from a year ago. In the BTVAR footprint…

BTVAR Homes Sales Report – Q4 2023 Economic Conditions – Virginia’s job market continues to be resilient. There was an influx of 7,900 jobs in the Commonwealth between October and November 2023. – The statewide unemployment rate in Virginia was 2.9% in November 2023 (not seasonally adjusted), which is down from 3% a year ago.…

BTVAR Homes Sales Report – Q3 2023 Economic Conditions – Job growth continues in Virginia. There were approximately 6,700 jobs added in Virginia between July and August 2023. – The statewide unemployment rate in Virginia was 3.1% in August 2023 (not seasonally adjusted), which is down from 3.3% a year ago. In the BTVAR region,…

BTVAR Homes Sales Report – Q2 2023 Economic Conditions – Virginia’s job base continues to expand, which generates demand for housing. There were approximately 6,900 jobs added to Virginia’s economy between April and May 2023. – The statewide unemployment rate in Virginia was 2.7% in May 2023 (not seasonally adjusted), which is down from 2.9%…

BTVAR Homes Sales Report – Q1 2023 Economic Conditions -There were about 3,200 jobs added to Virginia’s economy between January and February 2023. Most regions around the Commonwealth have now fully recovered net jobs lost in the spring of 2020. – Virginia’s unemployment rate was 2.9% in February 2023 (not seasonally adjusted), which is up…