Family Homes
Over the last 14 days, buyers are reentering the market — a positive sign for this current inventory growth.
Market Update: Virginia Run*'s inventory and contracts are both surging, with buyers gradually reentering the market over the last 14 days. Last 14 days, buyers are back. Sellers with well-priced homes in proper condition are good to go.
Virginia Run* Family Market
|
Current Market 30 Day Inv75%
30 Day Sales50%
%UC34% (Buyer's)
14 Day Absorption Rate20%
|
Year to Date YTD Inv52%
YTD Sales46%
Success Rate86%
YTD Prices0%
|
An 86% success rate — among the region's best — confirms Virginia Run* is converting this growth into real results.
Year to Date News: An 86% success rate — among the region's best — confirms Virginia Run* is converting this strong growth into real results.
| 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 | Virginia Run* | 75% | 50% | 34% | 20% | Buyer's |
| 6 | Reston | 25% | 19% | 33% | 21% | Buyer's |
| 7 | 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 | Virginia Run* | 52% | 46% | 86% | 0% |
| 3 | Vienna | -6% | -4% | 85% | -12% |
| 4 | Reston | 30% | 36% | 82% | -9% |
| 5 | Fairfax | -2% | 0% | 80% | — |
| 6 | Centreville | 4% | -1% | 80% | 7% |
| 7 | McLean | -7% | 6% | 76% | 10% |
| — | Averages | 6% | 11% | 82% | 0% |