Home Prices in Stafford VA for June 2014 Market Reports and home Sales

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Real Estate Agent with Engel & Voelkers|The Jennings Team 0225179074

Home Prices in Stafford VA for June 2014 Market Reports


Real estate market data for Stafford VA provided by Barbara Jennings of Keller Williams Real Estate . 


Stafford Home Prices

 

We have seen listing price increases on home prices in Stafford and don’t expect things to slow down anytime soon.  If you are considering buying a home you can still find deals on a house in Stafford but having a good real estate agent who understands the market is a must.  Don’t wait on the sidelines for too long, many of our listings are starting to sell within a few days of hitting the market. As you can see from the graph below, listings are not selling exactly for asking price. To make sure you don't overpay for your home, you'll want to have an agent that does a thorough market analysis of the Stafford home on which you are making an offer.

If you are interested in how much current inventory is on the market in Stafford you can find that information by clicking on the link. High inventory will suggest that homes are sitting on the market for longer. Currently in this area of Stafford, homes have a median time of 53 days on the market before they sell. This would suggest that buyers are in a great position to make an aggresive offer on a home. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers. Low inventory in Stafford has multiple offers coming in on homes similar to what we saw back in 2004. I wouldn't expect home prices to run up quite as fast as they did back then as banks have gotten a lot stricter on lending guidelines and are no longer giving a loan to anyone with a pulse. But low inventory is one indicator that prices should continue to rise. 

 

 

stafford Home Prices

 

 

 

Stafford Real Estate Market Reports

Stafford Real Estate Report Summary

 

The number of active listings in Stafford (22556) increased by 1.7%from the previous month.

The median number of days active properties have been listed is 53. This is significantly shorter than the national average.

 

The number of sales in May dropped by 96.7% from the previous month.

 

 

 

The number of sales in May dropped by 96.7% from the previous month.


Find Homes for Sale in Stafford VA

Visit my website to search for homes in Stafford or to be notified when Stafford homes come on the market.

To find out what you home is worth in the current market  call 540-840-1133.

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Provided courtesy of Barbara Jennings with The Jennings Team at Keller Williams Reality 540-840-1133, licensed in Virginia

 

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