In what months do homes sell the fastest in Fairfax County Virginia?
February, March and April.
If you look at the interactive chart below...April...has the shortest # of days on market in Fairfax County for the past 5 years. However, that is the month that the house actually SOLD...the seller received the money from the buyers and gave them the keys.
THAT means that those houses were listed 30-60 days earlier...in February and March! That seems counter intuitive doesn't it?
That means that the earlier you can get your house on the market in Spring...the easier and faster it will sell. You can see further evidence of this below in the average "# of days it takes from contract to settlement"" by month.
The reason is that folks come to the Washington DC suburbs every month of the year due to transfers and voluntary re-locations. However there is slightly less competition for sellers from other listings in early spring, than there is in May-July. The chart below shows the number of active listings by month for the last 5 years. These charts are interactive so you can scroll over the chart bars and see the actual #s.
-These #s hold true for all Northern Virginia counties with little variation.
-Whether you plan to buy or sell....It is never too early to plan and prepare.
-Drop us a line we are happy to chat ...no obligation.