For several months it has seemed like I have been working with an unusually high number of buyers wanting to move away from DC/ dense areas of MD and VA to more rural settings in MD, VA and WV. It seems like everything between an hour and two hours … [Read more...]
Market Statistics for the DC Metro Area December 2020- A Tale of No Inventory
We had considerably tighter inventory over December 2020 in every market except Alexandria and Falls Church City (probably because the Amazon effect caused large increases in sales last year). Days on the market also decreased significantly … [Read more...]
July 2020 DC Metro Area Real Estate Market Continues to be Very Tight
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...]
