Every county and city we are tracking except one had price increases over 2109 - some such as Alexandria City with 27%, Fairfax City with 22% and Arlington County in VA with 14% increase! Morgan County in WV had an 8% decrease but it only had 39 … [Read more...]
Continued Tight Market in March in the DC Metro Area
Prices increased over last year in every market except Falls Church City, sales volume was down in every area except Manassas City and days on market decreased everywhere except Fauquier County. These three are all relatively small markets, so not … [Read more...]
February 2020 Real Estate Trends are Strange !?!
February was a strange month, statistically speaking. In many locations the spring market felt like it started in January, possibly due to the weather. Generally inventory was significantly tighter leading to also lower days on the market and … [Read more...]
The Only Consistent Trend in February’s DC Metro Real Estate was Low Inventory
February was a very strange month for real estate. Prices varied widely, positively and negatively, versus last February. Days on the market were mostly down, while the number of sales was generally higher. In every single market, inventory was lower … [Read more...]
End of the Decade Real Estate Prices in the Metro-DC Area
Real estate transactions continued apace in December 2019 despite the holidays. In most markets, prices increased, sometimes significantly, over last year. Active inventory decreased quite a bit over 2018 in every county and city. Sales were … [Read more...]
Low Inventory Continues in the Metro DC Area in November 2019
While sales and prices fluctuated quite a bit over November 2018, low inventory continues to be an issue and consequently days on the market were also lower than this time last year. Eastern West Virginia, Frederick MD, Fairfax VA and Washington D.C … [Read more...]
