2018 Northern Virginia Real Estate (So Far)
With the Spring Seller’s Market right around the corner, I wanted to share some information about current market conditions, and also offer some analysis of where the market is heading.
Good News: The 2018 Real Estate Market is off to a strong start in Northern Virginia. Home sales numbers are strong, and homes are selling fast.
Here are some numbers:
2018 Year to Date: Contracts / Closings / Inventory
The number of contracts written and closings is on pace with the same period of 2017, which was a very strong year for sales in Northern Virginia Real Estate. The number of new listings is significantly higher than the same period of 2017. This is a good sign heading into the Spring selling market. There should be plenty of fuel for the spring market to burn!
The Northern Virginia Real Estate Market is off to a great start this year. Now is a great time to sell your home.
Want to know more about the current market? Have questions? Feel free to get in touch with me anytime.
Lou Sagatov, Realtor®
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