Keller Williams Reports 3rd Quarter Northern VA Market Summary
December 26th, 2007 Categories: Arlington, Keller Williams
Through the 3rd Quarter of 2007, the Market Summary Report on Northern Virginia (including the counties of
Average Days on the Market (DOM): 99 days
Average Sales Price: around $500,000 (1.6% decrease from this time last year)
What does this mean for you? These statistics continue to emphasis what we already know about current market conditions: sellers are forced to become increasingly patient OR lower selling prices to reduce the DOM, however, buyers have increasing bargaining power over selling prices.
Want to talk more about these statistics and what they mean for you? Call me!! 703-283-4524
No Comments yet »
RSS feed for comments on this post. TrackBack URI
