March Brought New Listings, ‘Sight Unseen’ Offers, Brisk Sales Activity to Northern Virginia Housing Market   Fairfax, Va. – “More housing inventory came on the market in March, yet those listings were snapped up quickly; there are simply more buyers than available homes for sale,” says Derrick Swaak, partner and managing broker with TTR Sotheby’s International Realty in McLean, Va. and 2021 president of the Northern Virginia Association of Realtors® (NVAR).    “As a result, total dollar sales volume in March was up 25% versus the same month last year. The average March sales price increased 7% across Northern Virginia compared to last year as prospective buyers often found themselves in multiple offer competitions, pushing the limits of…

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NEW SHIFTS IN THE PRINCE WILLIAM COUTY MARKET   WOODBRIDGE, VA. March 19, 2021—REALTOR® Association of Prince William (PWAR) has gathered Prince William County’s most recent market statistics, generated by Virginia REALTORS® Chief Economist, Lisa Sturtevant, and SmartCharts, an affiliate website of Showing Time. The market statistics are gathered through data provided by VAR and Bright MLS, which serves as the multiple listing service for Prince William County. A total of 561 homes were sold in February 2021, a closer margin increase of 8.5 percent compared to February 2020 at 517. The number of pending sales saw a decrease of 7.8 percent year-over-year, from 709 to 654. New listings also showed a decrease year-over-year, with 726 new…

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