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Rise inventory, reduction in Avg sold price- Fairfax Market slow down?

By
Real Estate Agent with Samson Properties VA0225077251

Rise in inventory, reduction in the average sold price, increase number of days, reduction in average sold price for deattached home....Has the housing market in Fairfax county of Northern Virginia market slow down?

OR

Blame it on the harsh winter we had till March this year.

Will the spring market change things around? Already into mid April some homes are being picked up while inventory is rising. Some homes are being snatched right away while other linger.

The anxiety of rising interest or lack of confidence in the housing market has created this shift. Are we heading into buyers market over sellers market.

Next month May will dedicate the terms of the real estate market place.

 

 

 

 Buying or selling your home in Northern Virginia Team up with Top Producer Ritu Desai at Samson Properties.

 

Posted by

 
                             
Associate Broker
MRP, ABR, ePRO

NVAR, Life Time Top Producer
NVAR,Multiple Million Dollar Sales Club Member
Samson Properties
Cell - 703-625-4949
Email - info@eNOVAHomes.com
Web: www.eNOVAHOMES.com
 
Residential real estate agent serving Northern Virginia in Fairfax & Loudoun county over a decade and almost $100+M in sales volume experience. 


 
Bruce Swedal
Denver, CO
Denver Real Estate

Very nice market report and presentation. You give home buyers and sellers in the area much to think about with this information presented. Thanks!

Apr 13, 2014 11:37 PM