Family Homes
Over the last 14 days, buyer demand remains solid — confirming this current contract growth.
Market Update: Centreville's contracts are climbing with solid recent buyer activity backing it up, even though the market remains firmly buyer-controlled. Last 14 days, buyer activity is strong. It's a green light for sellers.
Centreville Family Market
|
Current Market 30 Day Inv18%
30 Day Sales29%
%UC35% (Buyer's)
14 Day Absorption Rate26%
|
Year to Date YTD Inv4%
YTD Sales-1%
Success Rate80%
YTD Prices7%
|
An 80% success rate points to solid, average conversion despite the quiet sales picture.
Year to Date News: An 80% success rate points to solid conversion, with prices up a steady 7% even though sales dipped slightly this year.
| Rank | Market | 30D Inv | 30D Sales | %UC | 14D Absorption | Control |
|---|---|---|---|---|---|---|
| 1 | Fairfax | 2% | -4% | 53% | 49% | Neutral |
| 2 | Vienna | -3% | -27% | 51% | 36% | Neutral |
| 3 | Oakton | 67% | 18% | 44% | 46% | Neutral |
| 4 | Centreville | 18% | 29% | 35% | 26% | Buyer's |
| 5 | Reston | 25% | 19% | 33% | 21% | Buyer's |
| 6 | McLean | 14% | -56% | 22% | 6% | Buyer's |
| — | Averages | 21% | -4% | 40% | 34% | Neutral |
| Rank | Market | YTD Inv | YTD Sales | Success | YTD Prices |
|---|---|---|---|---|---|
| 1 | Oakton | 17% | 32% | 90% | 2% |
| 2 | Vienna | -6% | -4% | 85% | -12% |
| 3 | Reston | 30% | 36% | 82% | -9% |
| 4 | Fairfax | -2% | 0% | 80% | — |
| 5 | Centreville | 4% | -1% | 80% | 7% |
| 6 | McLean | -7% | 6% | 76% | 10% |
| — | Averages | 6% | 11% | 82% | 0% |