Here are a few interesting year end facts about Northern Virginia real estate
- November’s average sales price is UP 1.3% from 2008 to $428,481
- In January 2009, the average sales price was down 22.51% to $376,669
MRIS data indicates that the Total Sold Dollar Volume is up 44.3% over November 2008. Similarly the Total Units Sold is up 43.45% over November 2008. According the Northern Virginia Association of Realtors and MLS data from the MRIS, “The market is shifting and slowly recovering; we’re coming back.
The average sales prices for Northern Virginia real estate is up from 2008.
The number of listings sold in Northern Virginia is up to levels not seen since 2006!