May 2018

Found 2 blog entries for May 2018.

April Had Cool Temps But Market Heated Up:  Record Overall Sales in Northern Virginia; Total Active Listings, Pendings Have Room to Grow, Reports the Northern Virginia Association of Realtors®   Fairfax - April home sales numbers hit a record high for the past decade in the combined area of Fairfax County, Arlington County, Alexandria and Falls Church, with 2,079 sales, which is 4 percent higher than the 1,996 homes sold last year at that time.

"While we are nearing  the height of the spring season, we have already reached a high water mark this year with April's  sales,"

said Lorraine Arora, NVAR chairman of the board and Weichert Fairfax Regional managing broker. "It is actually the best April in the last decade for the total…
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March 2018 Washington, DC Market Trends Report Median sales price reaches highest March level on record; supply continues to be scarce

Washington, DC - (April 11, 2018) - The following analysis of the Washington, DC housing market has been prepared for the Greater Capital Area Association of REALTORS® based on analysis of Bright MLS multiple listing data by MarketStats by ShowingTime.   March's median sales price was $555,451, showing an increase of 3.8 percent over last year's median and is the highest March level on record. The 708 March sales represented a 9.0 percent decrease versus last year (the highest March value since 2005) and is 7.7 percent above the March 5-year average of 657. Even with the median sales price at record highs,…
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