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Tagged : northern virginia real estate market data

There are currently 6 blog entries matching this tag.

The Big Picture on 2010 Northern Virginia Real Estate Market homes for sale Arlington Virginia

Tuesday, June 15th, 2010 at 11:23am. 3065 Views, 3 Comments.

2010 Northern Virginia Real Estate Market Goes Wild

 

 

Northern Virginia real estate data for Fairfax, Arlington, Clifton, Alexandria, Falls Church and Vienna

The big picture on Northern Virginia market are the following:

  • months supply is down another 11% to 3.94 months--crazy low! 
Below 5 or 6 and the market is unbalanced.  That is why there are so many multiple offer scenarios when writing contracts to purchase northern virginia homes for sale in Fairfax county area and beyond
  •  DOM (days on market) is down 47%.

It takes about half as long to sell a home than it did a year ago.

  • median sales price is up 7.73% and average sales price is up 10.43% for the area

Arlington Virginia Real Estate homes for sale 2010 market data

These…


Leesburg and Ashburn Virginia Home Sales Surge While Real Estate Prices Stabilize & Days on Market Plunge

Wednesday, January 6th, 2010 at 7:07am. 2024 Views, 0 Comments.

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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…


Northern Virginia Real Estate Market Stabilizes--Huge Drops Inventory, DOM & Prices

Friday, August 14th, 2009 at 10:42am. 3626 Views, 3 Comments.

Northern Virginia Real Estate Market -- Big Drops Inventory and Increases in Sales

So with all the economic and health care drama going on how about we focus on northern virginia homes for sale news and trendz!!!!!!!!!! cool_120   Let's look at big picture for the Northern Virginia real estate market in terms of prices, inventory, days on market and trends--the overall health of our market.  I'll get more specific about Arlington real estate in another post.  As my team is on the front lines of real estate selling about 45 homes by the end of this year I have my finger on the pulse on the market--the challenge is finding time to write about it....I'm confident my team will do 75 transactions in 2010.

Inventory Plummets for Northern Virginia Real Estate

 

Real Estate Market for Fairfax Virginia Real Estate Market for Alexandria Virginia real estate


Quarterly Analysis of Arlington County Sales in VA

Friday, August 31st, 2007 at 1:00pm. 4553 Views, 2 Comments.

Arlington County Real Estate Sales Figures

The quarterly reports are for real estate in Arlington, VA.  What do they tell us?  1) real Estate is local 2) the market is humming along strongly with a lot more transactions than 2006.  Generally the median sold price has been down about 7% for the county most of the year.  This graph shows the orange line (2007) below the blue line (2006) almost all year. 
mean sales price 2007 arlington county real estate
Here are the numbers for median sold price since March compared witha a year ago:  March - 0.02 %, April - 7.62 %, May - 8.23 %, June - 6.64 %, July +10.75 %.  I put more faith in a block of months such as a quarter versus one month such as what happened in…


North Springfield VA Real Estate Inventory Swells

Monday, May 21st, 2007 at 8:57pm. 2744 Views, 0 Comments.

Real Estate in North Springfield VA & Virginia Homes for Sale

It is generally  known that the North Springfield VA real estate market has been in transition the past 18 months.  How have the Springfield real estate sales fared compared to a year ago and to the rest of Fairfax County.  Have home sales increased?  Have prices come down?  In general the peak of the market for the region was the summer/fall of 2005.  Since then buyers and sellers have been negotiating on what the new market value is of most North Sprinffield VA single family homes.


I live in North Springfield VA and love it.  The lots are larger than some parts of Northern Virginia and it is also quieter.  Residents take pride in their yards and it is very convenient as it's just off…


Home Prices Stabilize in Arlington VA & DC

Friday, April 27th, 2007 at 8:37am. 4056 Views, 9 Comments.

It's common knowledge that the market shifted in the last 18 months.  But it's only now that the statistics are verifying some of the price corrections....Many of us on the front lines knew prices in reality were different a long time ago, however this was not being illustrated by the monthly stats as far as the price variable was concerned.   Why not?  Well the stats on price only reflect sold homes.  Thus all the homes that

  • did not sell,
  • rented
  • expired
  • or were withdrawn due to not being able to get a price the owner wanted
  • did not get factored into selling price statistics the previous year.  Thus the public kept hearing about a buyers' market but the market reports showed no drop in sold prices.  Lesson--the stats…


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