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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 […]

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 […]

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, […]

Thanks to Kris Berg for this video. If you found this post interesting or informational, you can subscribe to future posts by RSS or Email. Written by Jeff Royce of Frankly Real Estate, Inc. Fairfax, VA,  703-585-5663 Related Posts:No Related Posts

The real estate market cooled slightly in August from July.  This is typical of what happens each year as fall approaches.  In August, buyers had a little easier time finding a house that earlier in the summer.  Nonetheless, houses are moved a lot quicker this August than the previous three Augusts. We continue to see […]

June Real Estate sales in Northern Virginia were more of the same from the previous three months.  We had a short supply of houses for sale, rising prices, and bidding wars all over.  There was a particular lack of foreclosures on the market compared to previous months. In most parts of Northern Virginia, there remained […]

The major change we saw in the market this past month is that prices are climbing.  The lack of inventory has become a real problem, with about a three-month supply of homes on the market in Northern Virginia in general.  Bidding wars are taking place on many houses right now.  I wrote two offers for […]

The Northern Virginia Real Estate Market continued to sell at an even faster pace in May.  In the Norther Virginia area (including Alexandria, Arlington, Falls Church City, Fairfax County, and Fairfax City) 32.69% of the homes on the market sold during the month.  Fairfax County led the way in that area with 33.68% selling.  And […]

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