DC Metro Area, District of Columbia
as of 12/1/2008:
The average Sold Price is $548K, a 12% INCREASE over last year this time(and an increase from last month). Sellers are receiving a paltry 93% of asking price, and homes are on the market an average of 72 days(fewer than some other area markets). The...
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Alexandria, Virginia
as of 12/1/2008:
Alexandria is a buyer's market. Prices are down 9% overall from last year this time. NOTE: This is literally community-by-community--as in some areas there are tiny little BIDDING WARS! There's been an increase in the number of homes sold this year...
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Arlington, Virginia
as of 12/1/2008:
Close in Arlington is still a desirable home base Sellers---.Do NOT get too excited--- as the average Sold price rings in at $541K. Compared to last year this time, this represents a decrease of 2%(but, up from last month). Like Alexandria...
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Fairfax, Virginia
as of 12/1/2008:
Average Sold Price is way down over last year this time, at $374K.(an 18% decrease). Properties are staying on the market an average of 89 days. Homes are selling for an average of only 93% of list price. Ponder: With the average Sales Price under...
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Fairfax County, Virginia
as of 12/1/2008:
It's a Buyer's Market in Fairfax County. Buyers have more time to browse, choose and bargain. The average Sold Price is $408K, down 21% from last year this time.(!!), but up from last month. Homes are staying on the Market an average of 101 days...
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Falls Church, Virginia
as of 12/1/2008:
There are so few properties on the market at any one time (currently 66), and the average Sold Price is $695K, up 57% over last year! YIKES! How refreshing! WOW! However, Sellers receive only 95% of asking price, and homes are on the market an...
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Loudoun County, Virginia
as of 12/1/2008:
OK---2008 is the year wherein Loudoun continues to take a financial pounding....down, down, down on price and up on inventory and seller concessions. Average Sold Price is DOWN to $374K ( it was $489K last year this time--a decrease of 23%)....
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Prince William County, Virginia
as of 12/1/2008:
OUCH! Because Pr. Wm. has such a variety of housing types, it's stats reflect starkly the housing downturn. The average Sold Price is $228K (versus $337K last year this time---a 36% DROP, and a drop in average sold price over last month). Average...
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