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Housing Market in NOVA June 2010

By
Real Estate Agent with Era Teachers Inc

 

Real estate market statistics are out for June 2010 in NOVA!

The image below gives a pretty comprehensive view of the Northern Virginia Real Estate Market and how things are on the "up-and-up". Pay attention to the following:

  • AVERAGE SALES PRICE IN NORTHERN VIRGINIA (YEAR TO DATE) Up 15.80 percent last year from $339,372 to $392,996!!!
  •  AVERAGE DAYS ON MARKET IN NORTHERN VIRGINIA- Down 75 days in June of 2009 to 45 days in June of 2010...Homes are selling fast in NOVA!
  •  List to Sales Price Ratio: For 2010 ERA TEACHERS INC has a 96% list to sale price. Price it right!\ There certainly is a lack of inventory for buyers in all price ranges, so if you are thinking of selling your home in Northern Virginia, now would be a good time!