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Updated Market Conditions for Sterling/Potomac Falls, Virginia

By
Real Estate Agent with Keller Williams Realty

As of August 10, 2008, there are 552 active residential listings in Sterling/Potomac Falls and the average number of days on market is 109. The list prices range from $71,500 to $2,450,000; the average list price is $330,740 and the median is $275,000 The current market absorption rate is 3.12.

177 residential sales in Sterling/Potomac Falls closed during the month of July 2008 (up from 153 sales closed in June). These sales ranged in price from $110,899 to $910,000.

The average list price was $310,064 (up from $289,602 in June) and the average net sales price (less seller concessions) was $299,003 (up from $280,429 in June).

The median list price was $275,400 (up from $259,900 in June) and the median net sales price was $260,550 (up from $255,000 in June).

For sales closed in July, the number of days on market ranged from 0 to 620 and average number days on market was 97 (up from 94 in June).

Home Sales - Sterling VA Average Days on Market - Sterling VA Home Sale Prices - Sterling VA

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Recent home sales in Sterling/Potomac Falls, Virginia