Northern Virginia Real Estate Prices continue to FALL…
July 23rd, 2008 Categories: Keller Williams, Mclean, Property Values, Real Estate News, Single Family Homes, Tools and Resources
Northern Virginia’s year to date average real estate sales price is down from last year.
Last years average sales price was $537,339.00 and this years grand total is $482,197.00. Thats is a 10.26% decrease. Ive had several customers negotiate listing prices down but what happened to 3-6% being the popular percentages realtors liked to promote as an almost automatic decrease when submitting an offer.
Are we going to continue to dip or will perhaps….the pending presidential election or other factors…. help bring us back into a place where values start to increase again?
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