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)
great falls virginia: The Summer Heat Has Shifted Great Falls Virginia Into Equilibrium
- 07/19/13 02:09 AM
Great Falls, Virginia has been coming off of a hot seller’s market in the spring, the summer has shifted us into more of an equilibrium. Buyers are still writing contracts and homes are still being listed and sold but the market is stabilizing as we move into summer. Stabilization is a good thing though; when the market leans too much in favor of buyers or sellers it can become unpredictable. So let’s see what the market did in June! 34 New Listings 26 New Pendings 39 Closed Sales Median Sold Price $1,160,000 So let’s begin with our analysis of the current (0 comments)