Weekly Northern Virginia Real Estate Market Update - April 8

By
Real Estate Agent with Samson Properties VA0225077251

The flowers continue to bloom indeed this spring! Is it the same situation with the housing market in the DMV area? Let's all find out for this week's Northern Virginia Real Estate Market Update.

We saw a rise in the inventory this April, which means that buyers would have more homes to choose from. This also means an opportunity for the market to slow down a little bit. If this continues, we can anticipate a steady housing market for everyone.

"But Ritu," I hear you ask, "has the bubble bursted because of this?" Well, not really. There isn't exactly a "bubble" to begin with. Depending on the style of the home, and where you're looking for it, you may see varying market changes. Overall, due to the increase in the inventory, buyers would have the opportunity to check out more homes.

For the sellers, this is one more reason to list your home today. Listing your home sooner than later means that you'll be getting offers as soon as possible in a buyer's market deprived of the inventory for many months, which means we'll still be seeing people that are willing to negotiate and work with you. While inventory is increasing, this is still a seller's market by the numbers. If you're looking for a sign whether you should sell your home, this is it!

Do you have any questions about today's market? Planning to sell your home today? Let's talk! Call me at 703-625-4949 or visit my website at www.RituDesai.com for more information.

 

 

Posted by

 
                             
Associate Broker
MRP, ABR, ePRO

NVAR, Life Time Top Producer
NVAR,Multiple Million Dollar Sales Club Member
Samson Properties
Cell - 703-625-4949
Email - info@eNOVAHomes.com
Web: www.eNOVAHOMES.com
 
Residential real estate agent serving Northern Virginia in Fairfax & Loudoun county over a decade and almost $100+M in sales volume experience. 


 

Comments (1)

Myrl Jeffcoat
Sacramento, CA
Greater Sacramento Realtor - Retired

Northern Virginia home buyers and sellers are sure to value your real estate market report, Ritu.

Apr 07, 2022 08:10 PM
Ritu Desai 703-625-4949

Thank you so much, Myrl! 

Apr 08, 2022 10:25 AM