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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SEPTEMBER <strong>2020</strong> FAIRFAX CITY OVERVIEW ||<br />
|| MARKET VALUE AND DEMAND<br />
VALUE<br />
MEDIAN SALES PRICE<br />
CHG YTD<br />
CHG YoY<br />
30% 16%<br />
$602,888<br />
CURRENT DEMAND<br />
PENDING LISTINGS<br />
PAST DEMAND<br />
CLOSED LISTINGS<br />
CHG YTD CHG YoY CHG YTD CHG YoY<br />
67% 43% 107% 0%<br />
30 31<br />
|| MARKET AND NEGOTIABILITY<br />
MARKETING<br />
DAYS ON MARKET<br />
NEGOTIABILITY<br />
MARKET PACE<br />
AVG MONTHS OF INV<br />
SALE TO ORIG LIST PRICE<br />
CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY<br />
22% -4% 1% 1% 133% 40%<br />
22 100.20%<br />
1.40<br />
AVG CONCESSION<br />
% <strong>of</strong> SALES WITH<br />
CONCESSIONS<br />
$6,986 32%<br />
CHG YTD CHG YoY<br />
CHG YTD CHG YoY<br />
61% 32% 50% -4%<br />
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