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...]
It’s Still a Seller Market in the DC Metro Area and Beyond!
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...]
