sales statistics: Looking for a Deal: Here's One Statistic You Need to Track
- 09/17/08 09:19 AM
Everyone is looking for a deal. A dozen or so times a week, someone tells me "look out for a good deal for me," "I'm looking to get a great deal," "let me know if you see a deal." Such a deal. Everyone wants to wheel and deal when it comes to real estate. To quote a local area diamond merchant, "Nobody pays retail anymore, why should you?" When looking for a deal in Northern Virginia real estate, there's one statistic that you need to track more than any other. That statistic is the sales price to list price percentage. These … (9 comments)
sales statistics: What Homes did NOT Sell in Alexandria During the Past Week?
- 08/20/07 11:42 AM
In trying to keep up with the Northern Virginia real estate market, we often focus on what has sold recently, and the current inventory of homes on the market. An often overlooked factor in determining pricing of homes for sale is to examine expired listings, or the homes that have NOT sold during a particular period in a certain area. Analyzing the homes that have not sold can be an important step in pricing your home for sale properly. Why don’t homes sell? In Northern Virginia, as elsewhere around the state and the country, most homes that do not sell were … (1 comments)
sales statistics: "We can always reduce the price later" -- Price Reductions are NOT A GOOD MARKETING PLAN for Northern Virginia Homes
- 08/13/07 07:27 AM
The number one secret for selling homes in Northern Virginia quickly and at the highest possible price is to price the property properly when it first goes on the market for sale. It's long been known that the longer a home lingers on the market, the lower price it is likely to command. WHY? If you can remember when you first bought your home, one of the first questions you probably asked about each home you previewed was "How long has it been on the market?" We tend to assume that if it has been on the market for quite some time … (6 comments)
sales statistics: Bucking The Trend: June 2007 Sales in McLean, Del Ray, and Shirlington
- 07/12/07 06:30 AM
MRIS just released the sales data statistics for June 2007 for area housing sales. As has been the story for most of this year and last, housing prices are continuing to trend downward as well as number of sales and total sales volume. For all of Northern Virginia (which includes Arlington County, Alexandria City, Falls Church City, Fairfax City, and Fairfax County) total sales volume for June 2007 was $1,140,220,908 down over 12.5% from last years sales of over $1.3 billion. The average sales price was off 1.53% from June 2006 at $569,826. 2,001 housing units sold in June as compared … (1 comments)
Everyone is looking for a deal. 
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