Home : Blogs : Lenn Harley : Lenn Harley, Broker, Homefinders.com in Maryland and Virginia

NORTHERN VIRGINIA REAL ESTATE, ACTIVE, PENDING SALES, MARCH 2008

REAL ESTATE PRICES IN NORTHERN VIRGINIA ARE IMPROVING. LOWER PRICES MEAN MORE BUYERS. Telephone activity has improved in the past few weeks and appointment calls are definately up. We are also receiving more calls for Short Sale listing information, a sign of the times. We are also receiving more inquiries from home buyers interesting in looking at foreclosed properties for sale. Foreclosures and Short Sales can be a good buy. We see list prices for these properties at about 10 to 25 percent or more below other homes for sale.

NORTHERN VIRGINIA REAL ESTATE MARKET AS OF MARCH 24, 2008, 7:21 p.m.

County	ACTIVE 3/24	PENDING	DEEDED PROP.	SOLD 2/07	SOLD 2/08
Alexandria	1,066	121	45,032	194	108
Arlington County	1,124	151	64,303	234	143
Fairfax County	8,372	1,111	368,470	1,100	711
King George County	298	32	12,994	25	16
Loudoun County	3,529	416	119,464	407	282
Prince William County	5,938	1,019	137,791	398	332
Stafford County	1,503	346	49,522	127	89

FORECLOSURE AND SHORT SALE LISTINGS FOR SALE in NORTHERN VIRGINIA

Alexandria	12	8
Arlington County	7	13
Fairfax County	348	248
King George County	1	3
Loudoun County	189	139
Prince William County	570	264
Stafford County	39	31

Map Northern Virginia

Leesburg foreclosure

FORECLOSURE FOR SALE IN LEESBURG

Ask about the Homefinders FREE Home Warranty and Home Inspection REBATE.

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

Posted by Lenn Harley on 03/24/2008 07:26 PM

Comments (3)

This post has been included in Virginia Information

3 Comments on NORTHERN VIRGINIA REAL ESTATE, ACTIVE, PENDING SALES, MARCH 2008

Lenn- We are getting a lot more calls too! Business is blooming just in time for spring!

03/24/2008 07:55 PM

by Nestor & Katerina Gasset, Realtors® Wellington Florida Luxury Homes (International Properties and Investments, Inc.)

Our activity has picked up also. We have 3 homes under contract last week and a half. One fell out yesterday with the buyer losing his job! We will get excited if we see a trend, this may be the normal spring bounce...the trend here seems to be still downward!

03/25/2008 07:02 PM

by Jim Crawford ~ Atlanta Real Estate-ABR E-PRO (RE/MAX Greater Atlanta)

Katerina. We're not blooming. We've just got a slight uptick. But, they are mostly buyers looking for a deal.

Jim. We've got 6 under contract, 2 foreclosures, 2 short sale and the rest random listings.

03/25/2008 07:11 PM

by Lenn Harley, Homefinders.com, MD & VA Real Estate

Leave a response…

Name:

Notify me of new comments:

Comment:

What does the graphic say?