We finally seem to be back to a relatively balanced market based on January 2023 real estate statistics in the DC metro market. We are significantly lower in sales since January 2022, prices are generally higher but active inventory and days on … [Read more...]
May 2021 Metro-DC Real Estate Market Continues to be Mercurial!
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...]
About the PenFed Realty Makeover Advantage
Sometimes when you are trying to sell a home you may need to make some upgrades or repairs. This can be as minor as improving the hardware, or more substantial replacing a worn out roof or upgrading an aging deck. If you don’t have the funds to … [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...]
Real Estate Statistics for September 2010 including Washington D.C.
Prices continue to rise in most markets; those markets that went down tended to be in lower volume locations which can swing disproportionately. Prices in Arlington continue to rise, this month by 15% over last year. Closed sales across Loudoun … [Read more...]
