Do you speak “real estate”? When you sell a home, you need to be familiar with the language. Some common words already in your vocabulary have a special meaning in real estate transactions. Though there is a dictionary full of words to consider, let’s think about a few that might be of concern to you […]
It’s been quite some time since prices of homes in Prince William County have increased from the previous year. Although they have increased from 2010, since April 2007, the median and average sales prices have declined approximately 30-40%. Prince William was one of the hardest hit areas in the country in terms of value declines. […]
April brought mixed results to the real estate market in Montgomery County, Maryland. People looking to sell their house saw a drop of nearly 22% in total houses sold. The average and median sale prices rose slightly from the previous year but declined slightly from March 2011. The big drop in April was the number […]
Prices of homes in Prince Georges County have, once again, significantly declined from the previous year. The median sold price dropped by nearly 18% while the average sold price declined by over 14%. Prince Georges County has experienced one of the steepest declines in home values, in the area, over the past four years. In […]
People who are looking to sell their home in Fairfax County, Virginia will be happy to know that average and median sales are up both from March and from a year ago. Even more impressive is that the average sales price has increased by 20% since April 2009. Houses in Fairfax County were on the […]
Homeowners in the District of Columbia will be happy to know the average and median sales prices are up significantly from last year and last month. This is good news for anyone planning to sell their home now. On the down side, it is taking more time to sell a home in the District, approximately […]
For homeowners in Montgomery Country, Maryland, home prices are improving. Fortunately the area has a fairly healthy market. The median sold price is up slightly while the average sold price improved significantly from the previous year. It’s still not easy to sell a house fast, though. There has been a significant drop in units sold […]
Prince William County, VA Feb-2011 Feb-2010 % Change Avg Sold Price $260,830 $254,886 2.33% Median Sold Price $228,925 $227,000 0.85% Units Sold 358 419 -14.56% Avg Days on Market 59 42 40.48% Avg Sold Price to List Price 96.9% 100.2% -3.32% Active Listings 1,290 1,203 7.23% New Listings 602 651 -7.53% New Pendings 647 480 […]
Montgomery County, MD Feb-2011 Feb-2010 % Change Avg Sold Price $390,022 $398,680 -2.17% Median Sold Price $300,000 $324,500 -7.55% Units Sold 525 550 -4.55% Avg Days on Market 93 78 19.23% Avg Sold Price to List Price 92.0% 95.0% -3.20% Active Listings 2,838 2,707 4.84% New Listings 1,008 955 5.55% New Pendings 899 647 38.95% […]
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 […]
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% […]
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 […]
