Perspective-It's For Artists, Realtors® And Homeowners

Want to watch market statistics for Woodbridge VA change right before your eyes? Watch it's easy. 

You can look at new listings in October 2011 and say 45% of the homes coming on to the market were bank mediated.  Or you can look at the total number of active listings for the same month and say bank mediated properties are 30% of the market.  Now look at what happens when you look at the Port Potomac neighborhood located in the 22191 zip code.  What do you see?  That's right 1% of the current active listings are bank mediated.

Interesting isn't it?  Each set of numbers gives you a different perspective on the market. You can look at new listings, you can look at all of the active listings, you can look at one neighborhood as a stand alone and not one set of numbers is the same.  What does this mean if you are a home owner considering listing your home?  It means you need to look at multiple views of your neighborhood to get a full picture.

For homeowners in Port Potomac, for example, you may not be competing against as many short sales and foreclosures as another neighborhood but you are competing against new construction and builders incentives. If you are thinking of listing your Port Potomac home in the near future give Cindy Jones and CJ Realty Group a call at 703-346-2213.  Let's take a look at ALL of the information relevant to the Port Potomac neighborhood and not just one perspective of what's happening in the 22191 zip code.