Northern Virginia Foreclosures and Short Sales Washington DC REO 

Specific Cities for Foreclosures REO Listings in Northern Virginia Washington DC

If your in the market for a bargain foreclosure .... you may not find it. Bank foreclosures are down and the inventory of bank owned resales are at extreme low levels. (Which is a good thing!)   There is some speculation that the banks are holding a “shadow” inventory, that may be true in judicial foreclosure states, but Virginia is a non-judicial state. So the likely hood of that “shadow” inventory hitting the market right now is slim to none.  Currently there are only >>> 105 <<<< foreclosures available in all of the 6 northern Virginia jurisdictions, including Loudoun, Fairfax, Arlington, Prince William Counties and the Cities of Falls Church and Alexandria. That’s it ... 105 with one third of those in Prince William County.

Looking at the first quarter sales in 2013 there were just 487 foreclosure resales.

Compared to first quarter of :

  • (2010) 1,105 sales
  • (2011) 930 sales
  • ( 2012) 798 sales
  • (2013) 487

You can see the downward trend. Contact us at JustNewListings.com Realty to get instant notification of any new listing that hits the market. 

great_falls_virginia_foreclosures_homes_442_01

I'll try to have the rest of these city st virginia foreclosures up  and running soon!  If you have a particular city you'd like to request let me know.....

Pretty soon I'll have a big update on this niche of Northern Virginia real estate.  Are the numbers of foreclosures holding steady or going up or down?  What is the average sales price of them and are they really a good deal or not when buying a home in any of the main cities in the area such as but not limited to the following:

  • Alexandria
  • Annandale
  • Arlington
  • Ashburn
  • Burke
  • Centreville
  • Chantilly
  • Clifton
  • Fairfax
  • Falls Church
  • Great falls
  • McLean
  • Sprinfield
  • Vienna
  • Woodbridge
  • Washington DC
As a general rule they sell for 5% lower than market value so they represent a deal.   However it is not wise to limit your search to them or your missing out on 95% of the market.  Odds are much higher you're going to find a regular resale that fits you well with all the features that are important to you.  But occassionally a foreclosure ends up having what you're looking for--but that is the exception.  Just keep an open mind and play to win.  Hire an agent that is a master negotiator and can help you beat out competing offers. 

Northern Virginia Foreclosure Listings & REO Homes for Sale

All Listings Under $100,000 $100,000 - $200,000
$200,000 - $300,000 $300,000 - $400,000 $400,000 - $500,000
$500,000 - $600,000 $600,000 - $700,000 $700,000 - $800,000
$800,000 - $900,000 $900,000 - $1,000,000 Over $1,000,000
18,324 Properties Found. Showing Page 1 of 459
Map
Sort by:

The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than JustNewListings.com are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2014.

Listing information last updated on December 20th, 2014 at 4:31pm EST.

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of the Charleston Trident Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2014 Charleston Trident Multiple Listing Service, Inc. All rights reserved.

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Wilmington Regional Association of REALTORS®, and is updated as of December 20th, 2014 at 4:30pm EST (date/time).All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor CoastWalk Real Estate shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2014 MLS of WRAR, Inc.