Single-family home sales dipped 2.0 percent to a seasonally adjusted annual rate of 4.88 million in June from 4.98 million in May, but are still 0.6 percent above the 4.85 million pace a year ago. The median existing single-family home price was $266,200 in June, up 6.6 percent from June 2016.
Julie Nesbitt and Stuart Nesbitt know Northern Virginia real estate.
Existing condominium and co-op sales were at a seasonally adjusted annual rate of 640,000 units in June (unchanged from May), and are 1.6 percent higher than a year ago. The median existing condo price was $245,900 in June, which is 6.5 percent above a year ago.
Allison Nesbitt Johns is a native of Northern Virginia and a graduate of James Madison University. She is a full-time elementary school teacher and helps out at Nesbitt Realty during summer months and other times when school is out of session.
