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22314 zip code Market Trend. Weekly update

By
Real Estate Agent with eXp Realty

This is my weekly market update for properties under 1 million in the 22314 zip code wich is Old Town Alexandria VA.

 

A similar chart is created for properties over a million.

 

I have been tracking this information weekly for a year now. Every Tuesday I input these values on this spreadsheet, in doing so I am able to see the trends in this particular market and for this price bracket.

 

The information is taken from the MLS or multiple listing services. Active and under contract values can not be extracted later as there is no way for the MLS to record those values at a specific time. 

 

General market information comes up on the 10th of every month and shows last month's information which could be considered  obsolete in some cases.

 

By updating this information weekly you can clearly see the trends as they happen. I like to provide my sellers (and also buyers) this information for them to make an informed decision as to what might be the  best time to sell (or buy) 

 

As you can see in this graph there was a dip in written contracts in September which would have been shown to someone during the entire month of October, if you had this chart you would have known right in October that written contracts actually increased during that month 

 

If you are planning to sell your home in old town Alexandria GIVE ME A CALL l, I will be happy to share this information and give you the tools necessary to make a wise and information decision.

 

My phone is 703 472 5439 my email psharris@kw. com

visit my website at harrisgroupluxuryhomes.com