January 2010

There are 2 blog entries for January 2010.

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Surging Ashburn Leesburg Virginia Homes for Sale Transactions Upward & Stabilizing Real Estate Prices

Like the dramatically positive news for northern virginia real estate for sale market data in Q 4 (quarter 4) the greater region of Loudoun County homes for sale was also positive to finish out 2009.

ashburn_leesburg_homes_for_sale_surge_3033

Many will want to pin this increase on demand on the government tax credit that was ending originally ending around Nov, but I would say we can't really know necessarily.   Perhaps prices being 50% lower than just a couple years ago roughly has

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Arlington Virginia Condos and Real Estate = Huge Upsurge in Sales Buyers and Seller Agree on Values

 hotcakes_arlington_homes_for_sale_400

Quick Summary of Market Data for 2009 Arlington Homes Sales

  • # of transactions up dramatically Oct-Nov
  • DOM -- days on market down significantly for Arlington condos and homes for sale
  • # of active listings--inventory--drops significantly
  • all equals robust market to finish out 2009
  • average sale price as a percentage of list price jumped from 92-95% meaning the buyers and sellers are on the same page now more than ever the past few years on the value of the homes for sale
market_data_arlington_virginia_homes_sales_2009_400

 Days on Market Drop Significantly for 2009 Arlington Real Estate for Sale

days_on_market_drops_arlington_sales_20090001_400

Another observation is that the average list price for Oct-Nov comparing 2009 to 2008 is down 7%. 

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