Central Virginia Housing Market Update | February 2026

Описание: Is the 2026 housing market finally shifting in favor of buyers? In this February market update, Chris Elliott (Richmond Realtor since 2013) breaks down the latest data for the Central Virginia real estate market. While national headlines talk about a "reset," local Virginia sellers are still seeing a very active market.

We dive into the "lock-in effect," why mortgage rates are holding steady at 6%, and what the 1.1-month supply of inventory means for your moving plans this spring.

🕒 Video Breakdown:
0:00 – 2026 Central Virginia Market Outlook

0:33 – National News: Mortgage Rates & The "6% Floor"

1:30 – Price Predictions: Why Uncle Larry is wrong about a crash

2:41 – The Affordability Equation: Wages vs. Payments

4:17 – National Inventory vs. Local Shortage

4:50 – Richmond & Central Virginia Local Stats

7:00 – Tips for Sellers: Pricing Strategy vs. Ego

8:45 – Tips for Buyers: How to use your new leverage

📊 Central Virginia Market Key Stats (Feb 2026)
The Central Virginia housing market remains hotter than most of the country. Here is what we are seeing on the ground:

Inventory: Only 1.1 months of supply (6 months is considered neutral).

Price Growth: Finished 2025 with 2.5% year-over-year appreciation.

Speed: Median days on market is just 14 days.

List-to-Sale Price: Sellers are still averaging 100% of their asking price.

The Takeaway: Pricing and condition matter again. While it isn't the "COVID chaos" of 2021, desirable homes in Richmond and the surrounding counties are still seeing multiple offers and competitive bids.

🚀 Work With Chris Elliott
With over 600 homes sold since 2013, Chris Elliott and his team provide the local expertise you need to navigate the Greater Richmond area. Whether you're buying your first home or selling a long-term investment, we use data—not guesswork—to get you the best result.

#CentralVirginiaRealEstate #RichmondVA #RVAHousingMarket #MovingToVirginia #RichmondRealtor #VirginiaRealEstate2026 #HomeBuyingTips #SellingYourHome------------

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