Across the board we are seeing trends of increasing prices and decreasing inventory almost everywhere. I found this chart from the Northern Virginia Association of Realtors to provide an interested representation of the tightening market on noVA. As … [Read more...]
Real Estate Statistics for September 2010 including Washington D.C.
Prices continue to rise in most markets; those markets that went down tended to be in lower volume locations which can swing disproportionately. Prices in Arlington continue to rise, this month by 15% over last year. Closed sales across Loudoun … [Read more...]
Real Estate Prices Continue to Rise in July 2019 but Days on the Market Did Too!
We continue to have prices increases pretty much across the board, and the combination of that and low inventory seem to be combining to increase average days on the market, which is an unusual combination. Arlington is still experiencing the … [Read more...]
Unusual Trends in DC Metro Area Real Estate in June 2019
This month the market was rather strange in that inventory and sales were generally lower than last year and prices increased but average days on the market saw significant increases in some markets. My personal theory is that anything priced well is … [Read more...]
Upward Real Estate Price Pressure Continues in May 2019
Prices continue to show upward movement over 2018, particularly in the northern and eastern counties of Virginia. A first-quarter uptick in sales activity prompted a revised 2019 housing market forecast by the Northern Virginia Association of … [Read more...]
April Real Estate Market Prices Continue to Trend Up in DC Metro Area
Here are April 2019's real estate statistics for Northern VA, the WV Eastern Panhandle and South West Maryland. Prices is still generally on the increase, 4-6% over last year. When you consider the effect of compounding, real estate in this area is … [Read more...]
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