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Fairfax, Loudoun County Virginia -Residential Real Estate Market Blog

Keep yourself up to date with the Northern Virginia Real Estate market and other local Northern Virginia information. Have a question or thinking about buying or selling home call Ritu Desai at Samson Properties at 703-625-4949 or email me at Info@eNOVAHomes.com.

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  • Northern Virginia -Fairfax, Loudoun, Alexandria, Arlington & Prince William Blog, real estate Market condition written by Ritu Desai at Samson Properties.
Decline in Days on Market- Fairfax County Real Estate Market Trend!
Positive news for the home seller in Fairfax County, Virginia!!! As per the data release by MRIS our local MLS, the average days of the market has continued to declined in the area .  The statistic from the month of January shows a huge decline in number of days that takes the home to go from Active status to Under Contract.  We have seen a surge in multiple contracts for homes priced under $500K. There were 738 homes sold in Fairfax County just in Jan. month!! Who says recover is not far away.

The data composed also includes condos, single family, town homes and other styles of home in the price range of Less than $100K to greater than $5M .

 

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