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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> MANASSAS CITY OVERVIEW ||<br />

Avg<br />

Avg Sale to<br />

Number<br />

Avg Price Avg Close Avg Orig<br />

Days on<br />

Orig List<br />

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

/ SQFT Price List Price<br />

Townhouse<br />

Mkt<br />

Price Ratio<br />

TOTALS / AVGS 40 21 $ 211.97 $ 311,145 $ 309,958 100%<br />

BEDS<br />

< 2<br />

3 4 – 5<br />

3 4 – 5<br />

4 – 5<br />

MANASSAS CITY<br />

2 <strong>12</strong> $ 189.82 $ 205,000 $ 214,950 95%<br />

30 22 $ 214.49 $ 3<strong>12</strong>,610 $ 311,388 100%<br />

8 22 $ 208.06 $ 332,188 $ 328,350 101%<br />

AVG CONCESSION<br />

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

CONCESSIONS<br />

$4,715 54%<br />

CHG YTD CHG YoY<br />

CHG YTD CHG YoY<br />

-28% -34% -17% -14%<br />

DOM<br />

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

61 5%<br />

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