Cash purchases accounted for 46% of transactions, making this one of the highest cash markets this month. Accepted offers were evenly split between at asking (39%) and below asking (39%), with 14% above asking and 8% off-market. Financing and appraisal contingencies were each included in 46% of contracts, while home inspection contingencies appeared in 54%. Single-family made up 69% of all transactions.

Fairfax County remained competitive, with 54% of accepted offers coming in above asking price. Financing contingencies were included in 62% of contracts, while 69% retained both home inspection and appraisal contingencies. Financing was used in 77% of purchases, and single-family homes represented 54% of the market.

Fauquier County saw a strong seller’s market, with 40% of homes selling above asking price and another 27% at asking. Financing was used in 93% of purchases, with 73% of contracts including a home inspection contingency and 80% retaining an appraisal contingency. Single-family homes accounted for 87% of all transactions.

Nearly half (46%) of accepted offers in the Fredericksburg Area were below asking price, while 31% sold above asking. Financing was used in 85% of purchases, with 77% of contracts including a home inspection contingency and 85% retaining appraisal and financing contingencies. All reported transactions were single-family homes.

Greater Richmond remained steady, with accepted offers nearly evenly divided between above asking (33%), below asking (33%), and at asking (27%). Financing was used in 87% of purchases, and 93% of contracts retained financing, home inspection, and appraisal contingencies. Single-family homes represented 80% of transactions.

Loudoun County experienced a balanced market, with 38% of homes selling at asking and another 38% below asking, while 16% closed off-market. Financing was used in 85% of purchases, and 85% of contracts included a home inspection contingency. Townhomes and single-family homes each represented 46% of transactions.

The Maryland Metro & DC market leaned competitive, with 38% of homes selling above asking and another 32% below asking. Financing, home inspection, and appraisal contingencies were each included in 85% of transactions, while financing was used in 92% of purchases. Single-family homes made up 61% of the market, followed by townhomes at 31%.

Prince William County continued to favor buyers, with 70% of homes selling at or below asking price and an additional 15% closing off-market. Financing was used in 77% of purchases, while 62% of contracts retained both home inspection and appraisal contingencies. Single-family homes accounted for 69% of all reported transactions.

The Virginia Beach market was active, with 38% of homes selling above asking price and another 23% at asking. Financing was used in 85% of purchases, while 77% of contracts included both financing and home inspection contingencies. Single-family homes made up 77% of transactions.

The Winchester Region saw a balanced market, with 54% of homes selling at asking price, 23% below asking, and 15% closing off-market. Financing was used in 85% of purchases, with 69% of contracts retaining both home inspection and appraisal contingencies. Single-family homes dominated the market, accounting for 92% of reported transactions.