Westover Home Market at a Glance – October 2013

Number of Homes Currently for Sale as of today, November 19th, 2013
Single family, detached - 22
Condos - 0
Townhouses – 1

Number of Closed Sales in October
Single family, detached - 21
Condos - 1
Townhouses - 1

Median Sale Price in October
Single family, detached - $800,000
Condos – $570,000
Townhouses – $725,900

Average number of days on the market in October
Single family, detached - 18
Condos – 5
Townhouses – 29

Number of sales currently pending
Single family, detached - 12
Condos - 0
Townhouses – 0

Average Sale Price for Homes
Detached homes - $837,805
Attached homes – $725,900

Average List Price for Homes
$840,499

Average Sale Price to List Price Ratio
98.8%

Absorption Rate as of today, November 19th, 2013
Single family, detached – 1.05 months
Condos – currently no inventory
Townhouses – 1 month

If you home owner in Westover and you’re thinking of selling your home sometime in the next few months, give me a call on my cell phone to request a free comparative market analysis.

If you’re in the market for a Westover home, contact me so I can help you in your search. I’m an experienced buyer agent who grew up in Falls Church City – I’m a skilled negotiator and I know the Arlington home market very well.

Check out my blog to learn more about the real estate market in Westover: http://northernvirginiahomepro.com/westover-home-market-report-for-october-2013/ 

Visit my home search website to find a great home in Westover: http://www.searchnorthernvarealestate.com/