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With inventory levels dropping dramatically in McLean these past few months, it’s no surprise that prices continue to climb. In 22101, total inventory was down over 12% from last year, while average sales prices were up 1%. In 22102, total inventory was down 8% from last year, helping prices increase nearly 23% over February 2011. [...]
Posts Tagged ‘market statistics’
Real Estate Prices Continue to Rise in Arlington
March 12th, 2012 
Laura Prices increased 4.73% over February 2011! Yet another strong month for Arlington. With the price increase came an increase in total unit sold (174), and an increase in how much properties were selling for compared to their original list price (95.7%). Inventory dropped 7.6% from last year, helping the price increase. A total of 10 [...]
DC Real Estate Prices Increase 10% from January 2011
February 22nd, 2012 Laura Average sale prices in January were over 10% higher than January 2011! Average days on the market fell to 77, while properties were averaging 93.97% of original list price. A total of 390 properties sold in January, of which 40 were distressed (18 bank owned, 22 short sales). The market is getting stronger everywhere in [...]
McLean Real Estate Prices Up Again
February 16th, 2012 Laura A total of 42 properties sold in January in McLean. Of those 3 were bank owned and 4 were short sales. Properties were averaging 71 days on the market. In 22101, properties are selling an average of 94% of original list price, while 22102 is a little less at 88%. In 22101, median prices fell slightly about 7% from [...]
Falls Church City Sees Double Digit Increase in Real Estate Prices In January
February 15th, 2012 Laura Falls Church City had an increase of 14.8% in the average sale price during January. Overall, Falls Church (the entire part, not just the City) saw a slight drop in foreclosure activity, a drop in days on the market, and a slight decrease in average prices. Average days on the market was 60, while foreclosure [...]
Posted in Falls Church 
Tags: falls church real estate, january 2012, market statistics 
No Comments »Prices Skyrocket During January in Arlington
February 14th, 2012 Laura Overall, average sale prices were up 9.86% in January over 2011. Undoubtedly fueled by the fact that inventory levels were down 12%, days on the market decreased to an average of 77, while properties were selling on average at 95.4% of the original list price. In January, 122 properties sold, of which 6 were short sales and [...]
2011 Arlington Real Estate Market in Review
January 27th, 2012 Laura So how was the market in 2011 now that we’re almost a month into 2012? In a nutshell, a good year for recovery and growth. The year was fueled by fewer numbers of short sales and foreclosures, along with fewer sales and less inventory, which helped increase sales prices throughout the county. Since we clearly [...]
Arlington Condos Have A Great December 2011
January 19th, 2012 Laura A month fueled by increases, the year to date median sales price increased 3.6% from 2010, and condo prices increased over December 2010 as well. Of the 177 properties sold, 7 were foreclosures and 8 were short sales, among those 177 properties were selling for 95.1% of the original list price. Single Family Home N. [...]
DC Real Estate Climbs Again in December 2011
January 19th, 2012 Laura A median sales price increase of 3.76% in December 2011, lead to another strong month in DC. A total of 512 properties sold, only 10.9% was either short sales or foreclosures. Properties were averaging 76 days on the market, down 3 from 2010, and average sale price was 93.8% of the original list price. Single [...]
Posted in Washington D.C. Tags: december 2011, market statistics, washington dc real estate No Comments »Prices Up Across the Board in Falls Church for December 2011
January 19th, 2012 Laura Despite a rise in foreclosure activity in Falls Church in December, prices were up across the board! A total 0f 104 properties sold in December 2011, of them 28% were either short sales or foreclosures (up from 22% last year). Average days on the market was 61, but varies by property type shown below: Single [...]
Posted in Falls Church Tags: december 2011, falls church real estate, market statistics No Comments »
