We’ve rolled right into summer without even a slight pause between seasons. Below you’ll find highlights from Arlington County, Fairfax County, Falls Church City, and Alexandria City for the month of May. *Data provided by Bright MLS as of June 4, 2021 Arlington County In Arlington County, closed sale numbers in all property types continue…
Coral’s Market Snapshot – March 2021
Our current signs of spring…lines at the hardware stores and lines out the door for open houses. Spring fever is in the air! Below is your March 2021 real estate highlights for the Northern Virginia area. Arlington County Falls Church City Fairfax County Alexandria City
Coral’s Market Snapshot – February 2021
You may have heard from me and many other sources – the real estate market has gone bonkers. This isn’t fun and games, and it isn’t just the normal Northern Virginia sellers’ market. All over the country prices are shooting up, houses priced above comparables are topping those amounts by 10-20%, buyers waiving appraisals have deep…
Coral’s Market Snapshot – January 2021
New year, more real estate market stat recaps. I’m keeping in the 𝐌𝐎𝐍𝐓𝐇𝐒 𝐨𝐟 𝐒𝐔𝐏𝐏𝐋𝐘 stat. The 𝘮𝘰𝘯𝘵𝘩𝘴 𝘰𝘧 𝘴𝘶𝘱𝘱𝘭𝘺 stat gives a projection of how long properties will sit on the market before being sold. Arlington County In Arlington County, closed sales were up, however, not as significantly as the past few months.…
Coral’s Market Snapshot – December 2020
I’m back with my Northern Virginia market stat recap for December, which looks a lot like November. As I did last month, I’ve added 𝐌𝐎𝐍𝐓𝐇𝐒 𝐨𝐟 𝐒𝐔𝐏𝐏𝐋𝐘. The 𝘮𝘰𝘯𝘵𝘩𝘴 𝘰𝘧 𝘴𝘶𝘱𝘱𝘭𝘺 stat gives a projection of how long properties will sit on the market before being sold. Arlington County In Arlington County, closed sales…
Coral’s Market Snapshot – November 2020
The Winter Market 𝘩𝘢𝘴𝘯’𝘵 𝘣𝘦𝘦𝘯 𝘴𝘰 🅲🅷🅸🅻🅻🆈 across our area. I’m back with my Northern Virginia market stat recap for November. Besides separating stats by detached, townhomes and condos, I’ve included 𝐌𝐎𝐍𝐓𝐇𝐒 𝐨𝐟 𝐒𝐔𝐏𝐏𝐋𝐘. The 𝘮𝘰𝘯𝘵𝘩𝘴 𝘰𝘧 𝘴𝘶𝘱𝘱𝘭𝘺 stat gives a projection of how long properties will sit on the market before being sold. The…
Coral’s Market Snapshot – October 2020
I’m back with my Northern Virginia market stat recap for October. According to NVAR, not since 2004 has the number of home sales been this high during the month of October. I’m breaking apart detached homes, townhomes and condos properties in NVAR counties and comparing month over month instead of year over year. I believe…
Coral’s Market Snapshot – September 2020
I’m back with my Northern Virginia market stat recap. The market has slowed in a few sub markets significantly, and there is a big difference in activity between detached vs. townhouse vs. condo properties. Condo activity has slowed down significantly in October since September, and these month old stats aren’t that helpful in showing that.…
Coral’s Market Snapshot – Aug 2020
Welcome to second spring in Northern Virginia! At least that’s what this real estate market feels like lately especially Arlington County. I’ve listed and/or sold a total of 8 houses in the past month. Normally, people are out of town so they delay listing until September and typically buyer activity is tepid. Not this year!…
Coral’s Market Snapshot – July 2020
The summer real estate market continues to favor sellers, but signs indicate change could be coming. There are more condo listings and those listings are lingering on the market a bit longer than in previous months. Single-family homes from Arlington to Gainesville are getting multiple offers in just about all price ranges if the homes…
Coral’s Market Snapshot – June 2020
A new phase of opening led to a positive jump in new listings for June. Across Northern Virginia new listings were up from a year ago. This is a result of most sellers delaying listing in March and April when Covid-19 lockdowns were in place. I’m back with my monthly market statistics recap. Buyers and…
Coral’s Market Snapshot – May 2020
I’m back with my monthly market statistics recap. Buyers have come back into the market strong, but inventory is nonexistent. May average sales prices stayed almost even in the county, while new listings and closed sales had double digit declines. It’s a tough market out there. If you have ANY questions I am here for…
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