Real estate blog entries tagged with sales report by Brian Block -- Northern Virginia & D.C. Real Estate (RE/MAX Allegiance, Managing Broker/Branch Vice President)

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Home : Blogs : Brian Block -- Northern Virginia & D.C. Real Estate : Northern Virginia & D.C. Real Estate Blog : Tag "sales report"

sales report: Soaking up Sales: Early April Absorption Rates in Different Price Ranges - 04/09/09 01:19 PM

Absorption rates present a picture of how quickly properties are selling. An absorption rate analysis examines the current inventory of homes and looks back 6 months to see how many sales there have been to determine a monthly rate of sales over the most recent time period. Dividing the current inventory by the monthly rate of sales provides the number of months of inventory of homes.
Traditionally, 6 months of inventory is considered a balanced market. More than 6 months of inventory means that the market favors buyers. Less than 6 months of inventory and sellers are favored.
For the present … (4 comments)

sales report: Cameron Station Market Update: Summer Sales in Premier Alexandria Community - 07/24/07 04:03 PM

Cameron Station is one of the premier communities in Alexandria, Virginia. Summer sales have been strong. Currently there are 13 homes on the market. This includes 11 townhouses and 2 detached single family homes, priced from $569,900 through $1,149,900.

Here’s an update on the sales in Cameron Station during the last 30 days:
9 Homes Sold in Cameron Station from June 22nd through July 20th for an average sales price of $606,656. Homes sold briskly in this popular West End Alexandria neighborhood, spending an average of only 35 days on the market.
Don't miss Alexandria's Fourth Annual Outdoor Film Festival … (0 comments)

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Brian Block -- Northern Virginia & D.C. Real Estate

McLean, VA

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RE/MAX Allegiance, Managing Broker/Branch Vice President

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