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Tracking Market Trends in the Northern Virginia Real Estate Market  from MARCH 2007 to SEPTEMBER 2007

Sales in Northern Virginia remain slow, but prices are stable with sales primarily in the new home and foreclosure market. 

              Maryland Virginia real estate market area 

Alexandria City Real Estate SOLD prices 2007
The average SOLD price for homes in Old Town Alexandria in March 2007 was $525,355
The average SOLD price for homes in Old Town Alexandria in September 2007 was $483,467
Average Days on Market - 85

Arlington County Real Estate SOLD prices 2007
The average SOLD price for homes in Arlington County in March 2007 was $544,834
The average SOLD price for homes in Arlington County in September 2007 was $563,846
Average Days on Market - 69

Fairfax County Real Estate SOLD prices 2007
The average SOLD price for homes in Fairfax County in March 2007 was $529,382
The average SOLD price for homes in Fairfax County in September 2007 was $526,732
Average Days on Market - 89

Fauquier County Real Estate SOLD prices 2007
The average SOLD price for homes in Fauquier County in March 2007 was $369,565
The average SOLD price for homes in Fauquier County in September 2007 was $501,418
Average Days on Market - 192

King George County Real Estate SOLD prices 2007
The average SOLD price for homes in King George County in March 2007 was $347,389
The average SOLD price for homes in King George County in October 2007 was $308,464
Average Days on Market - 90

Loudoun County Real Estate SOLD prices 2007
The average SOLD price for homes in Loudoun County in March 2007 was $513,066
The average SOLD price for homes in Loudoun County in October 2007 was $536,883
Average Days on Market - 111

Prince William County Real Estate SOLD prices 2007
The average SOLD price for homes in Prince William County in March 2007 was $408,574
The average SOLD price for homes in Prince William County in October 2007 was $370,506
Average Days on Market - 127

Spotsylvania County Real Estate SOLD prices 2007
The average SOLD price for homes in Spotsylvania County in March 2007 was $314,696
The average SOLD price for homes in Spotsylvania County in October 2007 was $318,857
Average Days on Market - 125

Stafford County Real Estate SOLD prices 2007
The average SOLD price for homes in Stafford County in March 2007 was $383,899
The average SOLD price for homes in Stafford County in October 2007 was $397,342
Average Days on Market - 135

SEARCH LISTINGS for homes for sale in Northern Virginia. 

Courtesy:  Homefinders.com

New Home Northern Virginia

Lenn Harley, Broker, Homefinders.com, 800-711-7988

Homes similar to the one pictured are popular in Northern Virginia.  The price would vary from $650,000 in Stafford County to $900,000 in Loudoun County and $2,000,000 in Fairfax County. 

New Home builders have reduced priced dramatically and compete favorably with resale homes of similar location and size.


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This post has been included in Virginia Real Estate News

2 Comments on Real Estate in NORTHERN VIRGINIA - Tracking Market Trends, March to October 2007

OCT
16
2007
688,676 Points 117 Featured Posts Localism Sponsor Outside Blog Called Shot Master

I can't believe I'm the first to comment!  That map is impressive.  Lenn, you commented on my post, and I came here to reciprocate.  How do you work such a large geographical area?  I'll click the notify box and come back.

Mike in Tucson

7:21pm • #1
1,545,239 Points 416 Featured Posts Localism Sponsor Attended Rain Camp Called Shot Master

Thanks Mike.

I am a broker in MD and VA.  I generate buyer business for a network of brokers and agents throughout my market area.

 

7:59pm • #2

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