Last month, we reported the dollar volume sold of $494,916,183 indicated a 55.48% rise from the previous month! This month, we are reporting that the April dollar volume sold is $568,600,022 -- up an additional 14.89% from March!
The median sales price of $420,250 in April was a 5.46% rise from the previous month. Average days on market were only 48 days and sellers received an average of 97.63% of their list price.
I hope you didn't miss the bottom of the market. If you did, buy now because the prices seem to be escalating weekly!
Last week, the average mortgage rate on a 30-year fixed was 3.96%. This week is is down to 3.88%! Lock in this week and save.
For a complimentary market analysis or comprehensive buyer information, please contact me at 571-722-4348 or visit me on the web: www.JanetLangeRealEstate.com to search for your dream home.
Location Characteristics: Fairfax County has it all!
A very historic area boasts one of the most highly-rated educational systems. Home of George Mason University and Ft. Belvoir Army installation.
Visit Fairfax County Government website: http://www.fairfaxcounty.gov/
About Janet Lange:
I graduated from San Diego State University with a BS in Family Studies and have been buying and selling real estate for over 40 years. My continuing education in the real estate field has also earned me the following designations: ABR (Accredited Buyer Representative), e-PRO certification for electronic transactions, CDPE (Certified Distressed Property Expert), GRI (Graduate of the Realtor Institute), SFR (Short Sales Resource), MILITARY RELOCATION SPECIALIST, and SRES (Seniors Real Estate Specialist).
I'm available to assist you with all of your real estate needs. Call me at 571-722-4348. You may also visit me at www.JanetLangeRealEstate.com.
These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.
