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2021-01 -- Real Estate of Northern Virginia Market Report - January 2021 Real Estate Trends - Michele Hudnall

2021 - The Year is Just Warming Up! The Real Estate of Northern Virginia Report is a comprehensive residential real estate update for the Northern Virginia (NVA) region. The report is a unique report for the region that is both wide and deep, focused locally with actionable advice. The data is drawn from the local listing service, Bright MLS, compiled and presented with my opinion and advice as the author, knowledge as a Realtor and lifetime resident of this region.

2021 - The Year is Just Warming Up!

The Real Estate of Northern Virginia Report is a comprehensive residential real estate update for the Northern Virginia (NVA) region. The report is a unique report for the region that is both wide and deep, focused locally with actionable advice.

The data is drawn from the local listing service, Bright MLS, compiled and presented with my opinion and advice as the author, knowledge as a Realtor and lifetime resident of this region.

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UNITS<br />

70<br />

60<br />

50<br />

40<br />

30<br />

20<br />

10<br />

0<br />

MANASSAS PARK CITY<br />

Listings to EOM Inventory to Median Sale Price<br />

Over 5 Years<br />

EOM Inv Active New Pending Closed Avg <strong>of</strong> Med Sold Price<br />

VALUE<br />

500000<br />

450000<br />

400000<br />

350000<br />

300000<br />

250000<br />

200000<br />

150000<br />

100000<br />

50000<br />

0<br />

UNITS<br />

30<br />

MANASSAS PARK CITY<br />

Active and Closed Listings to Median Sales Price by Structure Over 5 Years<br />

Sale $ Detached Sale $ Townhome Sale $ Condominium<br />

Condominium Townhome Detached Home<br />

Condo Closed Townhome Closed Detached Closed<br />

VALUE<br />

600000<br />

25<br />

500000<br />

20<br />

400000<br />

15<br />

300000<br />

10<br />

200000<br />

5<br />

100000<br />

0<br />

0<br />

- 36 - <strong>Real</strong> <strong>Estate</strong> <strong>of</strong> NVA <strong>Market</strong> <strong>Report</strong>

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