Though D.C. home sale prices so far this year have increased less than two percent over the same period last year, the Washington, D.C. market remains hot, with homes selling quickly once they hit the market, according to MarketStats by ShowingTime. From January through September of this year, the average days on market was just 37 for the District, down from an average of … [Read more...] about Rapid Home Sale Trend Continues in D.C.
Market News
Quick Sales, Higher Prices So Far This Year in Northern VA
Year-to-date home sales in Northern Virginia indicate sellers are enjoying quicker sales and prices up about 3 percent from last year at the same time. According to MarketStats by ShowingTime, 30,133 units have sold in Northern Virginia in 2019, up about 1 percent compared to sales through September 2018. One of the most notable changes from 2018 is days on market. … [Read more...] about Quick Sales, Higher Prices So Far This Year in Northern VA
DC Metro Home Prices Hit all Time High
Inventory continues to be tight in the DC market, making it a challenging time for buyer, and prices are containing to rise. On a positive note, interest rates are likely to continue dropping and the labor market is very strong with both wages and job numbers increasing, which will go a long way to helping buyers. Sellers who price their homes based on market trends are … [Read more...] about DC Metro Home Prices Hit all Time High
DC Home Prices Continue Their Ascent
The Real Estate Business Intelligence reports: Rockville, MD – (June 11, 2019) – The following analysis of the Washington, D.C. Metro Area housing market has been prepared by Elliot Eisenberg, Ph.D. of MarketStats by ShowingTime and is based on May 2019 Bright MLS housing data. OVERVIEW The May 2019 Washington D.C. Metro area median home price of $480,000 was up 3.2% … [Read more...] about DC Home Prices Continue Their Ascent
Optimism about the Local Real Estate Market: Focus on S. Alexandria
With the New Year in full swing, home owners and potential buyers may be wondering what’s going on in the real estate market. Our local Bright MLS does a regular analysis of market trends. Overall, it reveals that the D.C. metro market remains strong, but the number of homes and eventual sales remain low, particularly when compared to the very hot market of the early … [Read more...] about Optimism about the Local Real Estate Market: Focus on S. Alexandria
