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

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|| MANASSAS CITY OVERVIEW NOVEMBER 2020 YoY AND YoY YTD COMPARISON TO PREVIOUS YEAR MANASSAS CITY DECEMBER YoY CHANGE % Condominium Detached Townhouse Number of Sales YoY SALES AVG DOM YoY DOM Avg Price/SqFt YoY $ / SQFT Avg Sale to Orig List Price Ratio YoY $ RATIO Avg Close Price YoY CLOSE 2019 60 24 $ 204.54 98.50% $ 350,321 2020 69 15.00% 18 -23.42% $ 220.76 7.93% 100.41% 1.93% $ 350,630 0.09% 2019 79 29 $ 183.24 97.33% $ 195,618 2020 67 -15.19% 19 -33.58% $ 192.15 4.87% 98.47% 1.17% $ 206,301 5.46% 2019 284 28 $ 223.56 98.28% $ 410,063 2020 271 -4.58% 16 -42.88% $ 229.08 2.47% 100.14% 1.89% $ 451,853 10.19% 2019 286 23 $ 200.62 98.81% $ 281,642 2020 354 23.78% 18 -24.10% $ 211.51 5.43% 99.94% 1.15% $ 305,722 8.55% MANASSAS CITY DECEMBER YTD AVGs YoY CHG % Condominium Detached Townhouse Number of Sales YoY SALES AVG DOM YoY DOM Avg Price/SqFt YoY $ / SQFT Avg Sale to Orig List Price Ratio YoY $ RATIO Avg Close Price YoY CLOSE 2019 649 26 $ 208.57 98.41% $ 327,367 2020 692 6.63% 17 -33.96% $ 216.54 3.82% 99.95% 1.57% $ 353,323 7.93% 2019 79 29 $ 183.24 97.33% $ 195,618 2020 67 -15.19% 19 -33.58% $ 192.15 4.87% 98.47% 1.17% $ 206,301 5.46% 2019 284 28 $ 223.56 98.28% $ 410,063 2020 271 -4.58% 16 -42.88% $ 229.08 2.47% 100.14% 1.89% $ 451,853 10.19% 2019 286 23 $ 200.62 98.81% $ 281,642 2020 354 23.78% 18 -24.10% $ 211.51 5.43% 99.94% 1.15% $ 305,722 8.55% - 54 -
NOVEMBER 2020 MANASSAS CITY OVERVIEW || CURRENT DEMAND PENDING LISTINGS MARKET DEMAND PAST DEMAND CLOSED LISTINGS CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY -6% 23% 161% 22% 9% -7% 32 73 VALUE MEDIAN SALES PRICE $345,000 MARKET AND NEGOTIABILITY MARKETING DAYS ON MARKET NEGOTIABILITY SALE TO ORIG LIST PRICE CHG YTD CHG YoY CHG YTD CHG YoY CHG YTD CHG YoY -47% -25% 2% 1% 17% 0% 18 100.00% MARKET PACE AVG MONTHS OF INV 0.70 AVG CONCESSION % of SALES WITH CONCESSIONS $4,544 46% CHG YTD CHG YoY CHG YTD CHG YoY -38% -36% -38% -30% - 55 -
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DECEMBER 2020 MARKET REPORT Fairfax
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|| FAIRFAX CITY OVERVIEW ..........
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OVERVIEW OF THE NORTHERN VIRGINIA M
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|| NORTHERN VIRGINIA OVERVIEW NOVEM
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Page 77: THE COUNTIES OF THE NORTHERN VIRGIN
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|| FAUQUIER COUNTY OVERVIEW NOVEMBE
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2020-12 -- Real Estate of Northern Virginia Market Report - December 2020 Real Estate Trends - Michele Hudnall

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