Traditionally, the Great Falls Real Estate Market has a lot of inventory. With the onset of Fall, this is still holding true. There is still activity in the market with the number of pendings and new listings in October remaining consistent year over year.
In the month of October, 29 new homes were listed in Great Falls. This is almost double the number new pendings, 15. So in October, twice as many homes went on the market as went under contract, which gives us high inventory. At month’s end, there were 146 homes … (1 comments)
The Single Family Home market in Reston (20194) is consistently pretty strong. This September we saw a pretty large increase in number of new listings with fewer going under contract and closing. The graph below shows home sales in 20194 over the last year.
These are homes that have closed. As many people know, the spring market is the hottest leading to many closings into May through June. In September we had 6 closings. The homes that closed last month, closed in an average of just 8 days on the … (0 comments)
glynis canto: Great Falls, Virginia September Market Report!
- 10/11/13 01:53 AM
Great Falls, VA, 22066 September Market Update! So this month, I am going to present my market update in a little bit of a different fashion! This one is going to cut right to the statistics that you want to know! There is a market report at the bottom as well! Leave me comments to let me know what you think of the new format for the market update!
There were 37 new listings that hit the market in September! This is slightly above the 5-year average for September, which is 34. This shows us that people aren't letting … (0 comments)
glynis canto: Great Falls, Virginia (22066) August Market Report
- 09/12/13 01:24 AM
Great Falls, Virginia August Market Report The late summer market, more specifically August can tend to be a little slower but that doesn’t mean that people aren’t still buying and selling! The Great Falls, Virginia Real Estate market had an overall pretty good August. With summer wrapping up, the numbers are a good Segway into what we are hoping will be a strong all market. So lets get into a few of the numbers! 26 New Listings 21 New Pendings 21 Closed Sales Median Sold Price of $1,125,000 So let’s break down our first number, 26 New Listings. At the end … (0 comments)
1021 Clarendon is a luxury condominium located in Clarendon. Clarendon is a great community in Arlington, Virginia with easy access to DC and all the restaurants, retail, and entertainment you need. It is also just a couple blocks away from the Clarendon Metro Station on the Orange Line. Clarendon has a WalkScore of 88! There are roughly 147 Restaurants, bars and coffee shops all right outside your door if you are able to call 1021 Clarendon home. Enough about how great Clarendon is! Let’s get into what makes 1021 Clarendon such … (1 comments)
The Great Falls real estate market has remained pretty steady throughout the summer. As June led into July, many of the market indicators remained pretty consistent with slight variations here and there. The market indicators we are going to analyze today are as follows: 43 New Listings 25 New Pendings 27 Closed Sales Average of 40 Days on Market So let’s get into what these numbers mean. The first, 43 new listings is slightly higher than June, which saw 34 new listings. It is also above the 5 year average of 39, but new … (0 comments)
glynis canto: Reston (20194) July Market Report
- 08/20/13 05:30 AM
Reston (20194) July Market Report The Reston (20194) Detached Homes Market is always a strong market, 2013 being no exception but 2013 has seen some of the lowest inventory in years! With such low inventory, 20194 Single Family Homes are in high demand so it is widely regarded as a Seller’s Market. Let’s break down the numbers! 8 New Listings 10 New Pendings 18 Closed Sales Average Days on Market 19 8 New Listings hit the market in July. This is on par with the 5-year average of 9 and a small decrease over the 12 that June saw. With 8 … (0 comments)
glynis canto: Wonderfully Updated English Tudor in Great Falls, Virginia
- 08/13/13 05:47 AM
1093 Pensive Lane Great Falls, VA 22066 This elegant three-level English Tudor is the perfect home for you! Situated close to the Great Falls Town Center and in the Langley High School pyramid, this home features an open floor plan and is situated on .96 acres of a large landscaped lot! This is a great opportunity to own in Great Falls, Virginia for under $1,000,000! This home features 4 Bedrooms, 2 Full Baths, and 2 Half Baths. The home features countless updates including new appliances and granite in the Kitchen, hardwood floors throughout the entire main and upper levels, a circular … (0 comments)
glynis canto: Potomac Falls, Virginia - Single Family Homes Are Selling!
- 07/23/13 01:32 AM
The Single Family Home market in Potomac Falls, Virginia is consistent with the trends we have been seeing all around Northern Virginia. The trends are low inventory, low days on market, high sold to list price ratio and lots of closings! June was no exception for this hot market. Here are the bullet points. 25 New Listings 38 Closed Sales 35 Active Listings 18 Average Days on Market Let’s begin the discussion with inventory which tells us what kind of market we are in. We are continually at historically low inventory, by month’s end there were just 35 active single family … (0 comments)
glynis canto: Our Blogs Mission Statement
- 02/27/13 12:22 AM
We have found ourselves wanting to break into the world of blogging for quite some time now but never took the leap. As of yesterday, we have officially jumped in with both feet. We have a few objectives, which we are striving to accomplish with this blog. Our main objective is sharing our knowledge of the real estate market with the public. We have lived in this community for over 12 years now and can confidently say we live and breathe Northern Virginia. Our family relocated here after a three-year assignment in France in 1999 and immediately embraced life in … (1 comments)
Great Falls October Market Report
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