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November 29, 2009
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  CONDITIONS™
By Local Real Estate Experts  


Market Conditions for Centreville, Virginia

Reported by Glenda Cherry, ABR, e-PRO, SRES, RE

Updated August 3, 2009.

Current Market Rating: 3




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2
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5
Buyer's

Seller's

Current Price Trend: 2




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2
3
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5
Falling

Rising

As of August 3, 2009, there are 123 active residential listings in Centreville and the average number of days on market is 99. The list prices range from $99,900 to $1,450,000; the average list price is $406,474 and the median is $325,000. The current market absorption rate is 1.48.

83 residential sales in Centreville closed during the month of July 2009 (down from 129 sales closed in June). These sales ranged in price from $66,150 to $800,000.

The average list price was $321,286 (up from $296,701 in June) and the average net sales price (less seller concessions) was $316,726 (up from $288,897 in June).

The median list price was $280,000 (up from $264,900 in June) and the median net sales price was $280,076 (up from $258,500 in June).

For sales closed in July, the number of days on market ranged from 0 to 851 and average number days on market was 51 (down from 53 in June).

Check my web site for graphs depicting historical home sale data and a list of recent home sales in Centreville. Click on the "Centreville" button at the top of the page.

For more information regarding these statistics, please feel free to contact me directly, either by phone or email.

Want to know what your home is worth? Contact me for a free, no-obligation Home Valuation Report!

(Source: Metropolitan Regional Information Systems, Inc. (MRIS) - Information deemed reliable, but not guaranteed.)

ZIP Codes: 20120, 20121

Location Characteristics: Originally known as Newgate, the town of Centreville was chartered by the Virginia General Assembly in 1792. During the Civil War, Centreville was caught in a crossfire between the states that turned the town into a wasteland; Centreville remained a sleepy rural village until the 1930s. Many historic sites remain, including the Sully Plantation and St. John's Episcopal Church which served as battlefield hospital during the Civil War. Today, Centreville is a thriving suburb with easy access to the Dulles Technology Corridor; just 20 miles west of Washington, DC, Centreville offers a variety of housing options including condominiums, townhouses and detached homes.

For More Information:

View Market Conditions of other areas served by Glenda Cherry

Navigate: Top > Virginia > Centreville

About Glenda Cherry:
Full-time, licensed Real Estate Agent
National Sales Award (Top 5% Nationwide)
Accredited Buyer Representative (ABR)
e-PRO Internet Professional (e-PRO)
Seniors Real Estate Specialist (SRES)
Weichert, Realtors Relocation Specialist
Weichert, Realtors Rental Certification
Certification of Completion—Relocation 101—Assisting Consumers with Corporate-Sponsored Moves (Worldwide ERC Training Institute)
Member, National Association of Realtors, Virginia Association of Realtors, Northern Virginia Association of Realtors
Over 20 years of management and technology experience.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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