17.02.2021 Views

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.

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

NOVEMBER <strong>2020</strong> NORTHERN VIRGINIA OVERVIEW ||<br />

MARKETING<br />

DAYS ON MARKET<br />

MARKET AND NEGOTIABILITY<br />

NEGOTIABILITY<br />

SALE TO ORIG LIST PRICE<br />

MARKET PACE<br />

AVG MONTHS OF INV<br />

CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY<br />

-35% -35% 1% 1% 18% 32%<br />

22 99.70%<br />

1.00<br />

CONDOMINIUM<br />

TOWNHOUSE<br />

DETACHED<br />

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

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

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

AVG CONCESSION<br />

AVG CONCESSION<br />

AVG CONCESSION<br />

CONCESSIONS<br />

CONCESSIONS<br />

CONCESSIONS<br />

$5,049 37%<br />

$5,479<br />

32.85%<br />

$7,028 28.75%<br />

CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY<br />

8% 9% -1% -5% -13% -15% -34.36% -40% -13% -13% -45% -44%<br />

- 5 -

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!