The market is healthy and robust in northern Virginia.
The monthly statistics for November 2014 are in.
The first column of numbers is the average LIST PRICE for homes in their respective counties/cities; The second column is the average SOLD price for homes; The third column is the average days on market for FOR SALE/SOLD houses.
| Average List Price for active listings | Median List Price for active listings | Average DOM: for active listings/ for sold listings | |
| Arlington County, VA | |||
| Single Family under $1M | $751,811 | $768,000 | 69 / 65 |
| Single Family over $1M | $2,234,832 | $1,675,000 | 106 / 134 |
| Condo/Townhome under $600K | $319,465 | $299,990 | 78 / 80 |
| Condo/Townhome over $600K | $1,046,914 | $849,500 | 86 / 67 |
| Fairfax County, VA | |||
| Single Family under $1M | $651,140 | $629,900 | 80 / 84 |
| Single Family over $1M | $2,040,785 | $1,575,000 | 140 / 165 |
| Condo/Townhome under $600K | $341,993 | $334,900 | 67 / 78 |
| Condo/Townhome over $600K | $1,035,357 | $799,900 | 75 / 73 |
| Alexandria City, VA | |||
| Single Family under $1M | $650,243 | $649,900 | 77 / 84 |
| Single Family over $1M | $1,688,642 | $1,299,000 | 99 / 115 |
| Condo/Townhome under $600K | $343,225 | $320,000 | 68 / 80 |
| Condo/Townhome over $600K | $1,186,111 | $879,000 | 82 / 81 |
| Fairfax City, VA | |||
| Single Family under $500K | $445,681 | $450,000 | 56 / 124 |
| Single Family over $500K | $742,785 | $699,000 | 76 / 90 |
| Condo/Townhome under $300K | $212,657 | $209,000 | 137 / 37 |
| Condo/Townhome over $300K | $498,753 | $439,000 | 65 / 86 |
| Fredericksburg City, VA | |||
| Single Family under $500K | $312,897 | $314,990 | 97 / 106 |
| Single Family over $500K | $698,780 | $599,900 | 158 / 178 |
| Condo/Townhome under $300K | $186,518 | $174,900 | 68 / 103 |
| Manassas City, VA | |||
| Single Family under $325K | $303,664 | $299,500 | 47 / 92 |
| Single Family over $325K | $435,884 | $415,000 | 74 / 81 |
| Condo/Townhome over $170K | $255,434 | $238,000 | 95 / 89 |
| Manassas Park City, VA | |||
| Single Family under $300K | $256,473 | $264,900 | 55 / 127 |
| Single Family over $300K | $502,622 | $429,900 | 70 / 78 |
| Condo/Townhome under $300K | $234,723 | $225,000 | 44 / 81 |
| Condo/Townhome over $300K | $333,181 | $327,990 | 38 / 135 |
| Prince William County, VA | |||
| Single Family under $500K | $373,794 | $385,000 | 82 / 91 |
| Single Family over $500K | $691,217 | $599,990 | 120 / 101 |
| Condo/Townhome under $300K | $232,375 | $237,000 | 75 / 97 |
| Condo/Townhome over $300K | $360,821 | $349,000 | 79 / 107 |
| Spotsylvania County, VA | |||
| Single Family under $500K | $285,515 | $279,991 | 122 / 128 |
| Single Family over $500K | $768,136 | $675,000 | 198 / 225 |
| Condo/Townhome under $300K | $199,021 | $199,900 | 170 / 110 |
| Stafford County, VA | |||
| Single Family under $500K | $345,991 | $349,900 | 107 / 109 |
| Single Family over $500K | $740,729 | $589,900 | 172 / 179 |
| Condo/Townhome under $200K | $156,627 | $157,000 | 70 / 37 |
| Condo/Townhome over $200K | $283,446 | $279,999 | 128 / 92 |
You can see that homes in northern Virginia are selling fast, and for top dollar. Homes in Stafford and Spotsylvania counties are taking a little longer to sell, as well as in Fredericksburg city.
Note that homes under $500K in Stafford, Prince William, Manassas Park, Fredericksburg, Fairfax and Arlington are selling, on average, higher than the average list price.
These numbers were compiled by the Metropolitan Realtors Information Service (MRIS).
What does this mean to you? It means that your house will sell fast and for top dollar if you are thinking about selling and moving up to a larger home.
Find out what your home will sell for when you click here now.
You are welcome to call Erick Blackwelder for a no-hassle, no-pressure visit about your real estate goals. Text or call Erick now at 703-677-1120.
You may also start an email conversation with Erick at his website.
Call Erick now at 703-677-1120 for a FREE conversation about selling a house or buying a new home.
Comments(0)