2020-09 -- Real Estate of Northern Virginia Market Report - September 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 and will post the monthly report between the 10th and 15th 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 and will post the monthly report between the 10th and 15th 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
- manassas-virginia
- falls-church-virginia
- alexandria-virginia
- arlington-virginia
- fauquier-county
- loudoun-county
- northern-virginia
- northern-virginia-real-estate
- prince-william-county
- fairfax-county
- northern-virginia-home-prices
- northern-virginia-home-trends
- nova-real-estate-trends
- nva-real-estate-trends
- michele-hudnall
- real-estate-of-nva
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|| ARLINGTON CITY OVERVIEW<br />
VALUE<br />
MEDIAN SALES PRICE<br />
$665,000<br />
PAST DEMAND<br />
SOLD<br />
241<br />
SUPPLY<br />
ACTIVE<br />
612<br />
MARKETING<br />
DAYS ON MARKET<br />
16<br />
MARKET PACE<br />
MONTHS OF INVENTORY<br />
2.00<br />
CURRENT DEMAND<br />
PENDING<br />
197<br />
NEW SUPPLY<br />
NEW<br />
428<br />
NEGOTIABILITY<br />
SALE TO ORIG LIST<br />
100.00%<br />
YTD YoY COMPARISON TO PREVIOUS YEAR<br />
Arlington, VA<br />
YEAR TO DATE<br />
SEPTEMBER<br />
Condominium<br />
Detached<br />
Townhouse<br />
Number<br />
<strong>of</strong> Sales<br />
YoY<br />
SALES<br />
AVG<br />
DOM<br />
YoY<br />
DOM<br />
Avg<br />
Price/SqFt<br />
YoY $ /<br />
SQFT<br />
Avg Sale to<br />
Orig List<br />
Price Ratio<br />
YoY $<br />
RATIO<br />
Avg Close<br />
Price<br />
YoY<br />
CLOSE<br />
2019 2,044 23 $ 479.63 99.44% $ 677,618<br />
<strong>2020</strong> 1,874 -8.32% 17 -23.41% $ 508.57 6.03% 98.78% -0.66% $ 737,924 8.90%<br />
2019 993 23 $ 456.69<br />
99.31% $ 433,455<br />
<strong>2020</strong> 850 -14.40% 17 -26.95% $ 477.48 4.55% 99.03% -0.28% $ 470,856 8.63%<br />
2019 740 25 $ 516.20<br />
99.07% $ 1,015,559<br />
<strong>2020</strong> 680 -8.11% 21 -16.22% $ 551.07 6.76% 99.70% 0.63% $ 1,087,201 7.05%<br />
2019 311 15 $ 465.88<br />
101.11% $ 653,107<br />
<strong>2020</strong> 344 10.61% 11 -25.90% $ 501.25 7.59% 95.74% -5.31% $ 707,400 8.31%<br />
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