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Gainesville, VA - Homes for Sale - Current Market Conditions - What's Really Happening In Our Real Estate Market? May 2011

By
Real Estate Agent with Long & Foster

Gainesville, VA - Homes for Sale - Current Market Conditions - What's Really Happening In Our Real Estate Market? May 2011

 

Locally in Gainesville, VA  average price per square foot is $158 compared with $148 a year ago, with little fluxations in interest rates as a buyer that *same home (based on 2000 sf) purchase price has gone up an average of $20,000!

Buying in Haymarket, VA? average price per square foot is $169 compared with $148 a year ago, so if you have waited that same home will only cost $42,000 more! 

Still think it is time to wait and see? 

Whether your a buyer who has been sitting on the fence waiting for the prices to go lower, or a seller who is waiting for the market to improve, the market is moving and improving.  So if you've been waiting to buy, the wait is over and has been for a quite a while in the DC Metro/Northern Virginia area as the numbers show, so time to get moving before the home of yours dreams is out of reach.  If you would like a personalized search set up for you based on your criteria email or call me with your Real Estate needs.

If you been waiting to sell the buyers are ready and prices have been improving.  For a consultation regarding buying or selling your next home in the Haymarket area, call or email me, I'll be happy to help!

Your Money

 

 

 

Linda Coffey, Realtor®
Long & Foster Realtors

7526 Limestone Drive
Gainesville, VA 20155

Licensed in the Commonwealth of Virginia


(703) 973-2676

LCoffey@LNF.com

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Posted by
 
Chris Ann Cleland
Long and Foster Real Estate - Gainesville, VA
Associate Broker, Bristow, VA

The Gainesville, VA market is definitely on the rise.  Looks like we hit bottom last year or sometime before that.

May 20, 2011 06:07 AM