How Can You Take Advantage of Our Local Market?

Northern Virginia Real Estate Podcast with Jody Donaldson

Real Estate Business Intelligence, which studies our local real estate market with the George Mason University Center for Regional Analysis, has just released some numbers for our market. New pending contracts increased by 13% The number of closed sales increased by 41.2% There are 8,000 active listings, which is a 26.6% increase over this time last year Our median sales price of $415,500 is a 4% increase over last year Our average days on market is sitting at 67 days, which is a two week decrease from last March Buyer demand continues to improve, and seller activity is also beginning to pick up On top of all of this, mortgage rates continue to be very low, so it is a phenomenal time to purchase a home. If you’re looking to buy or sell this spring, now is the time to get prepared. **You don’t want to miss out on this market! ** “If you’re looking to buy or sell this spring, then now is the time to get prepared.” Contact me now for a free home consultation! I would love to help you sell your Northern Virginia home.