2020-08 -- Real Estate of Northern Virginia Market Report - August 2020 Market Trends - Michele Hudnall
This is a monthly report of the Northern Virginia Real Estate market. Weekly I post a video of current market conditions on Tuesday's and will post the monthly report by the 10th of each month as the numbers finalize in the MLS (Bright). The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.
This is a monthly report of the Northern Virginia Real Estate market. Weekly I post a video of current market conditions on Tuesday's and will post the monthly report by the 10th of each month as the numbers finalize in the MLS (Bright).
The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.
- TAGS
- falls-church-virginia
- alexandria-virginia
- manassas-virginia
- arlington-virginia
- fauquier-county
- real-estate-of-nva
- michele-hudnall
- nva-real-estate-trends
- nova-real-estate-trends
- northern-virginia-home-trends
- northern-virginia-home-prices
- fairfax-county
- prince-william-county
- northern-virginia-real-estate
- northern-virginia
- loudoun-county
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|| FAIRFAX CITY OVERVIEW AUGUST <strong>2020</strong><br />
|| STRUCTURE TYPES<br />
Condominium<br />
Number<br />
<strong>of</strong> Sales<br />
Avg<br />
Days on<br />
Mkt<br />
CONDOMINIUM<br />
FAIRFAX CITY DOM % <strong>of</strong> SALES<br />
Avg Price<br />
/ SQFT<br />
Avg Close<br />
Price<br />
Avg Orig<br />
List Price<br />
Avg Sale to<br />
Orig List<br />
Price Ratio<br />
TOTALS / AVGS 8 21 $ 320.15 $ 371,844 $ 375,298 99%<br />
BEDS<br />
8 21 $ 320.15 $ 371,844 $ 375,298 99%<br />
61 0%<br />
AVG CONCESSION<br />
% OF SALES WITH<br />
A CONCESSION<br />
$6,041 78%<br />
CHG YTD CHG YoY CHG YTD CHG YoY<br />
101% 142% 101% 142%<br />
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