The trend seen in recent months continues. Prices are still rising across the region and sales volumes are higher than this time last year. In most areas this is leading to less inventory and less days on the market. The exceptions are generally the … [Read more...]
February 2021 DC Metro Real Estate Market – I Felt It But The Numbers Don’t Lie!
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...]
The August 2020 Washington D.C. Metro Real Estate Markets Had Some Very, Very Strange Trends!
Wow!!! I have never seen year over year numbers like this before! Just look at some of the double digit changes from last year in almost all markets. Every city and county except Fairfax City, Falls Church and Montgomery County saw price increases … [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...]
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