6441 RICHMOND HWY #301
ALEXANDRIA, VA, 22306
County: FAIRFAX
Price: $189,900 - For Sale
Status: ACTIVE
Bedrooms: 1
Baths: 1 full
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5870 1ST ST N
ARLINGTON, VA, 22203 County: ARLINGTON Price: $459,000 - For Sale Status: ACTIVE Bedrooms: 2 Baths: 1 full |
Northern Virginia MarketWatch - The Promise - And The Perils - Of Pricing
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The market has improved in the immediate Northern Virginia area for the last two months - when
measured by contract activity. April and May 2008 each have seen an increase in contract
activity compared to those same two months in 2007. The number of new contracts increased by
5% in May, and the average number of days a home was on the market decreased from 118 to
84. To get to those numbers though, the average sales price came down 13.3%. Nowhere is the
impact of falling home prices more apparent than in Prince William County. Year-to-date contract
activity there is up almost 75%, but the average sales price is down almost 30%. When the
price is right, there are buyers out there. More |