| Prince Georges County, MD |
Feb-2011 |
Feb-2010 |
% Change |
| Avg Sold Price |
$181,496 |
$197,605 |
-8.15% |
| Median Sold Price |
$157,000 |
$184,700 |
-15.00% |
| Units Sold |
550 |
508 |
8.27% |
| Avg Days on Market |
86 |
99 |
-13.13% |
| Avg Sold Price to List Price |
90.9% |
91.6% |
-0.75% |
| Active Listings |
4,980 |
4,345 |
14.61% |
| New Listings |
1,239 |
1,054 |
17.55% |
| New Pendings |
950 |
614 |
54.72% |
For home owners in Prince Georges County, Maryland, it’s taking slightly less time for homes to be sold. If you want to sell your house fast in PG County, chances are you’ll get a slightly lower price compared to the average sold price from last year. Still the housing market in PG County remain healthy with a 5-6 month supply.
If you want to sell your Prince Georges County, Maryland home fast, the real estate experts at Express Homebuyers can help.
Posted in Sell a Home |
|
| Fairfax County, VA |
Feb-2011 |
Feb-2010 |
% Change |
| Avg Sold Price |
$429,954 |
$403,162 |
6.65% |
| Median Sold Price |
$357,500 |
$345,000 |
3.62% |
| Units Sold |
721 |
805 |
-10.43% |
| Avg Days on Market |
77 |
52 |
48.08% |
| Avg Sold Price to List Price |
95.3% |
96.7% |
-1.44% |
| Active Listings |
2,436 |
2,479 |
-1.73% |
| New Listings |
1,268 |
1,311 |
-3.28% |
| New Pendings |
1,230 |
967 |
27.20% |
While it is taking longer to sell a home in Fairfax County, the average and median sales price increased in February, 2011 as compared to February, 2010. The number of homes sold remained unchanged at 369, yet sellers in general are getting a lower sold price, percentage wise, compared to their original list price. Active listings and new listings are down from a year ago, while new pending contracts are up significantly. Buyers are becoming more active in the market. While it is difficult to draw conclusions from one month of data the numbers below signify a very healthy real estate market in Fairfax County. In January, 2011 there were 649 homes sold. This signifies a 3.75 month supply of houses which is much better than a typical healthy market defined by a 5-6 month supply.
If you want to sell your Fairfax County, VA home fast, the real estate experts at Express Homebuyers can help.
Posted in Sell a Home |
|
| Washington DC |
Feb-2011 |
Feb-2010 |
% Change |
| Avg Sold Price |
$465,272 |
$444,601 |
4.65% |
| Median Sold Price |
$360,000 |
$335,000 |
7.46% |
| Units Sold |
369 |
369 |
0.00% |
| Avg Days on Market |
92 |
80 |
15.00% |
| Avg Sold Price to List Price |
92.4% |
94.0% |
-1.73% |
| Active Listings |
2,198 |
2,349 |
-6.43% |
| New Listings |
700 |
719 |
-2.64% |
| New Pendings |
555 |
454 |
22.25% |
What do these numbers mean for Washington D.C. homeowners who want to sell their home fast? You can see it is taking longer to sell a home in the District of Columbia. Sellers in general are getting a lower sold price, percentage wise, compared to their original listing price. But the good news is, the average sold price increased over the last 12 months. While it is difficult to draw conclusions from one month of data the numbers signify a fairly healthy real estate market in Washington D.C.
In January, 2011 there were 390 homes sold. This signifies a 5.6 month supply of houses which falls squarely into a typical healthy market of 5-6 months.
If you want to sell your Washington D.C. home fast, the real estate experts at Express Homebuyers can help.
Posted in Sell a Home |
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