According the latest report from Real Estate Business Intelligence (RBI), overall home prices in the D.C. Metro area were nearly the same (just 0.3 percent less or 399k rather than 400k) this past March compared to March 2015, but both listings and sales volume are up. With interest rates at historic lows, both increased inventory and stable prices are good news for sellers and … [Read more...] about March 2016 DC Region Real Estate Market Data
Market News
All-Cash Home Sales Climb in Arlington, Remain Steady in Alexandria
Over the past 10 years, the number of all-cash home purchases has increased nearly 5 percent in Arlington, with year-to-date all-cash sales (through October 2019) coming in at 18.4 percent. Combine that with limited inventory, rising home prices, and the Amazon headquarters growth, and you’ve got the potential for an increasingly challenging and competitive homebuyer market in … [Read more...] about All-Cash Home Sales Climb in Arlington, Remain Steady in Alexandria
DC Metro Market is Up: More Sales, Higher Prices
Real Estate Business Intelligence reports: "September prices up across the DC Metro area, led by 10 percent gains in the District, by Corey Hart The Washington, D.C. housing market began the fall season with very strong sales activity. Pending sales are at their highest September level in at least a decade, while sold activity is at the highest September level … [Read more...] about DC Metro Market is Up: More Sales, Higher Prices
Double-digit gains in DC Metro contract activity in August | RBI
Real Estate Business Intelligence reports: "The Washington, D.C. Metro housing market ended the summer season with strong sales activity. Pending sales are at their highest August levels in a decade, while sold activity is at the third highest August level in a decade. Median sales prices dipped slightly, overall inventories increased, although at a slightly slower pace than … [Read more...] about Double-digit gains in DC Metro contract activity in August | RBI
Higher Prices, Inventory, and Low Rates Benefit Both Buyers and Sellers
Home prices are up, but so is inventory in Northern Virginia, which is proving to help both buyers and sellers as we move into the dog days of summer. With 30-year fixed rates as low as 3.8 percent, conditions are ripe for continued steady activity as we head into the fall. Although average home sale prices in June for Northern Virginia were virtually unchanged from June … [Read more...] about Higher Prices, Inventory, and Low Rates Benefit Both Buyers and Sellers
