2021-03 -- Real Estate of Northern Virginia Market Report - March 2021 Real Estate Trends - Michele Hudnall
2021 - Dare I Say Bidding Wars - Highly Competitive Market and a Unique Sellers Market! 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 - Dare I Say Bidding Wars - Highly Competitive Market and a Unique Sellers Market!
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.
- TAGS
- fauquier-county-real-estate
- prince-william-real-estate
- loudoun-county-real-estate
- fairfax-county-real-estate
- arlington-real-estate
- alexandria-real-estate
- fairfax-real-estate
- falls-church-real-estate
- manassas-real-estate
- best-northern-virginia-realtor
- you-northern-virginia-realto
- northern-virginia-home-trends
- norther-virginia-home-prices
- real-estate-of-nva
- nva-real-estate-trends
- nova-real-estate-trends
- northern-virginia-real-estate
- michele-hudnall
- realestatofnva
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
|| FAIRFAX CITY OVERVIEW<br />
Median Sale to<br />
Median Days on<br />
Median Sale Price $629,888 Avg Concession $7,083<br />
100.00%<br />
Orig List Price<br />
<strong>Market</strong><br />
12<br />
2.01% 6.04% -34.19% 2.82%<br />
-0.70% 0.00% 100.00% 140.00%<br />
MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020 MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020 MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020 MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020<br />
$617,500 $594,000 $10,763 $6,889 100.70% 100.00%<br />
6 5<br />
YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg<br />
$498,833 $619,867 24.26% $6,889 $7,083 2.82% 99.37% 100.10% 0.74% 7 15 100.00%<br />
5-Yr MAR avg $526,117 17.82% MAR % w/ Con 41.18% 17.14% -58.37% 5-Yr MAR avg 99.68% 0.42% 5-Yr MAR avg 15 0.46%<br />
Median Days<br />
33<br />
Contract to Settle<br />
17.86% -2.94%<br />
MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020<br />
28 34<br />
YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg<br />
34 33 -1.96%<br />
5-Yr MAR avg 34 -0.79%<br />
Median Days on <strong>Market</strong><br />
by Structure Type<br />
Condo Detached Townhome<br />
101 1 1 0<br />
Avg Months<br />
Supply <strong>of</strong> Inv<br />
0.30<br />
-23.08% -70.59%<br />
MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020<br />
0.39 1.<strong>03</strong><br />
YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg<br />
1.13 0.36 -67.86%<br />
5-Yr MAR avg 1.76 -79.31%<br />
Active Listings 10<br />
New Listings 30 New Pendings 30 Closed Listings<br />
-23.08% -70.59% -33.33% -36.17% -26.83% -25.00% -44.74% -38.24%<br />
MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020 MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020 MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020 MoM Chg fr FEB <strong>2021</strong> YoY Chg fr MAR 2020<br />
13 34 45 47 41 40 38 34<br />
YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg YTD 2020 <strong>2021</strong> % <strong>of</strong> Chg<br />
112 36 -67.86% 116 100 -13.79% 108 100 -7.41% 72 83 15.28%<br />
5-Yr MAR avg 56 -35.48% 5-Yr MAR avg 57 74.83% 5-Yr MAR avg 39 157.73% 5-Yr MAR avg 39 113.92%<br />
21<br />
- 20 - <strong>Real</strong> <strong>Estate</strong> <strong>of</strong> NVA <strong>Market</strong> <strong>Report</strong>
Change language