Northern Virginia Real Estate Facts for April 2008
May 13th, 2008 Categories: Buying, Keller Williams
April 2008 Market Stats for the Northern Virginia area, include Arlington County, Fairfax County (Reston, McLean, Great Falls, and Fairfax) Alexandria, Falls Church, Vienna, and Herndon.
April 2008 Avg Sales Price: $484,432 (down 9% from 2007)
April 2008 Avg Days on the Market: 100 (up 22% from 2007)
YTD Avg Sales Price: $481,266 (down 8% from 2007)
YTD Number of Homes Sold: 4,390 (down 29% from 2007)
There’s just under 11,000 homes on the market for sale right now. It’s a great time for buyers to afford homes they didn’t think they could, or for first-time home buyers to jump into the real estate market!! Time to BUY! Let’s talk today about how these numbers can affect your buying power.
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