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2020-12 -- Real Estate of Northern Virginia Market Report - December 2020 Real Estate Trends - Michele Hudnall

2020 - End of the Year Clearance Sale!! This is a monthly report of the Northern Virginia Real Estate market regarding current market conditions with the blog, report and video conversation. 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.

2020 - End of the Year Clearance Sale!!

This is a monthly report of the Northern Virginia Real Estate market regarding current market conditions with the blog, report and video conversation.

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.

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NOVEMBER <strong>2020</strong> FAUQUIER COUNTY OVERVIEW ||<br />

Avg<br />

Days on<br />

Avg Sale to<br />

Orig List<br />

Detached<br />

Number<br />

<strong>of</strong> Sales<br />

Mkt<br />

Avg Price<br />

/ SQFT<br />

Avg Close<br />

Price<br />

Avg Orig<br />

List Price<br />

Price Ratio<br />

TOTALS / AVGS 100 51 $ 263.23 $ 501,969 $ 520,816 96%<br />

BEDS<br />

< 2<br />

3 4 – 5<br />

3 4 – 5<br />

4 – 5<br />

FAUQUIER COUNTY<br />

10 224 $ 447.74 $ 550,890 $ 660,036 83%<br />

36 18 $ 267.37 $ 432,439 $ 438,533 99%<br />

54 41 $ 226.31 $ 539,263 $ 549,891 98%<br />

DOM<br />

% <strong>of</strong> SALES<br />

61 0%<br />

AVG CONCESSION<br />

% <strong>of</strong> SALES WITH<br />

CONCESSIONS<br />

$7,653 32%<br />

CHG YTD CHG YoY<br />

CHG YTD CHG YoY<br />

-7% 1% -48% -49%<br />

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