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South Riding Weekly Update 9/13/09 - 9/20/09

By
Real Estate Agent with Samson Properties VA 0225093493

SUMMARY

The current inventory level for South Riding decreased to 26 active listings this is about a 10% decrease. With 2 new listings and 7 homes which went under contract last week, receiving contracts with an average 12 days on the market while the 4 homes sold and went to record last week did so with an Average DOMP of 32 days netting an average of 96.3%. Looking back over the past 5 weeks of sold homes the average net to list price has been 96.3%, 101.6%, 96.1%, 98.3%, and 99.9% for an average of 98.4%, over the last 5 weeksClick here for entire post...