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Northern Virginia Market Update through June 2010

» by Jeff Royce July 14th, 2010 at 11:08 am » Comments (3)

Everybody is trying to figure out what the real estate market is doing right now and having a hard time.  Looking at sales numbers is like looking at the home run numbers of your favorite baseball slugger earlier in the decade and trying to figure out if he would have deserved making it into the [...]



Northern Virginia Real Estate Market Update through April 2010

» by Jeff Royce June 3rd, 2010 at 8:07 am » Comments (0)

The real estate market in Northern Virginia has rapidly expanded this spring with most areas selling about twice as many homes in April as were sold in February.  This is partly due to the spring selling season that happens annually, but it was a larger jump in sales this year than we see most years. [...]



Northern Virginia Market Update through February 2010

» by Jeff Royce March 23rd, 2010 at 4:40 am » Comments (0)

The Northern Virginia Real Estate market continues to move at a brisk pace.  We are seeing about 4 months worth of housing supply on the market.  That being said, most houses are selling much quicker than that statistic would imply.  For houses that actually closed in February, 52% were on the market for less than [...]



Northern Virginia Real Estate Market Report through November 2009

» by Jeff Royce December 11th, 2009 at 10:06 pm » Comments (2)

When you look at long term trends in the Real Estate Market here in Northern Virginia, one thing has consistently remained true over the last couple of years.  The number of listings on the market has consistently gone down.  In the Northern Virginia area, the number of houses on the market was down 28% from [...]



Northern Virginia Real Estate Market Update through October 2009

» by Jeff Royce November 11th, 2009 at 3:28 pm » Comments (1)

The Northern Virginia Real Estate Market continues to clip along at about a pace that would sell all the houses on the market in 3.5 months.  This is the type of market where prices would be expected to rise, and indeed have been rising.  In the spreadsheets below, you can see that in most jurisdictions, [...]



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