In July, almost all markets had less inventory with the exclusion of some markets with generally low sales, so not statistically significant. Loudoun County remains the most expensive county, despite Fairfax posting an 8% price increase over last … [Read more...]
April 2023 – Washington DC Metro Area Real Estate Report
In real estate there are three pillars that dictate desirability of any given building: location, price and condition. In a normal market, if one of these is missing, a property may take some time to sell. In the last few years of abnormally low … [Read more...]
March 2023 Metro DC Real Estate Market is Looking Very Different
The market still feels tight on inventory but active inventory is higher than last year in most markets, Days on the market are universally higher than this time last year, but it still feels like well priced, appropriately maintained homes are … [Read more...]
Metro D.C. Area Real Estate Statistics – November 2022
I'm doing things a little differently this month because I've never seen market stats like these before. I decided to color code them red for stats that went down, green for stats that went up and black for stats that didn't change from last year and … [Read more...]
The October 2022 Real Estate Market in the Washington DC Metro Area
The October Real Estate market remained interesting due to the effects of higher interest rates, with some unusual combinations of trends. Specifically sales were lower and days on the market were higher than last October in virtually all markets … [Read more...]
September 2022 Washington DC Metro Area Real Estate Market Stats
In 2020 and 2021, low interest rates, remote working opportunities, and low housing inventory created the perfect storm of buyers flooding into the real estate market. Homes sold quickly and for more than asking price. Recent interest rates rises … [Read more...]
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