Close

Main Content

Market Update, Opens and Featured Listings

Market Update

Understanding price trends is crucial in today’s volatile market. Since 2020, the Northern Virginia market has seen drastic price fluctuations, with values rising 20%-25% above inflation-adjusted figures by 2023 due to limited inventory. Prices have since swung 5%-10% due to shifts in inventory and buyer demand. Recognizing where prices are in their cycle can mean significant financial gains or losses for both buyers and sellers.

For example, in May 2024, a 4,500 sq. ft. home in McLean was $400k more expensive than a similar home in Arlington. By the end of 2024, both homes sold for the same price.

The market still faces a significant inventory drought, remaining well below the 10-year average. Yet, in the face of these challenges, our team continues to thrive.

Our listings are consistently receiving multiple offers over the asking price and without contingencies. While only 25% of homes in Northern Virginia achieve this feat in the first week.

What sets the Casey Samson Team apart? Our strategic use of Pricing Models and a keen understanding of Market Conditions ensure our continued success. We’re proud to lead the way and deliver exceptional results for our clients! These impressive stats highlight our team’s ability to outperform market expectations and secure exceptional outcomes for our clients.

  • $202M in Sales in 2024
  • $55.5M in Vienna in 2024
  • Average Days on Market (DOM): 4.8 days
  • Average % Over List Price: 6%

View our new and improved Market Snapshot and see what current market conditions are for your area.  HERE.

Open House Schedule & Featured Listings:

We have an inventory of $25M in homes coming soon all over Northern Virginia, stay tuned!

Under Contract! 410 John Marshall Drive, NE, Vienna, Virginia. Just listed for $2,499,000. Stunning newly built custom home by Monarch Homes is conveniently located within walking distance to downtown Vienna. This impressive residence features 7 bedrooms, 6 full bathrooms, 2 half bathrooms, and a generous 6,634 finished square feet, all situated on a .30-acre lot. The high-end property showcases 9-foot ceilings on the main level, hardwood floors, and recessed lighting. Designed for entertaining, the open floor plan includes a living room, formal dining room, and a family room with a gas fireplace elegantly framed by modern oversized tile. The gourmet kitchen is a chef’s delight, featuring a spacious island with bar seating, quartz countertops, and ultra-premium GE Monogram appliances, including a built-in refrigerator. Additional highlights include a stunning custom tiled backsplash, a six-burner gas range with griddle, built-in microwave, pantry, and a cozy breakfast room. Main level also includes in-law suite with en suite bathroom and private deck. On the upper level, you’ll discover a luxurious owner’s suite with walk-in closet(s) area leading to a spa-like ensuite bathroom that boasts a large glass-enclosed shower, freestanding soaker tub, dual vanities, linen cabinets, and a separate water closet. This level also hosts four generously sized bedrooms, 3 bathrooms, and a convenient laundry room. Upper level also offers a flexible gathering space perfect for unwinding, reading, completing homework, or enjoying games. The finished walk-out lower level, featuring 10-foot ceilings and abundant windows, is filled with natural light and is an entertainer’s paradise. It includes two mounted television hookups flanking a linear gas fireplace, all set above a stylish custom wet bar with oversized tile surround. There is space that can be customized for a gym, home office, craft room, or au pair suite. Enjoy the charm of a covered front porch complete with a gas lantern, framed by mature imported evergreens that enhance privacy and a beautiful climbing trellis. The well-maintained backyard features extensive landscaping and a multi-level Trex Transcend deck, perfect for entertaining family and friends. The exterior also boasts a two-car front garage and a driveway with ample space for additional vehicles, ensuring convenience for homeowners and guests alike. Close to shops, restaurants, VA-7, and the Dulles Toll Road, this home is also within proximity to schools in the Wolf Trap, Kilmer, and Madison Pyramid. Visit www.410JohnMarshall.com for a full preview.

108 Center Street N, Vienna, Virginia. Just Listed for $3,500,000. Why rent when you can OWN your own building? This gem in the heart of Vienna is a great opportunity for anyone looking for an exceptional office space. Ideal for professional services with two units totaling 23 offices and 5 bathrooms. The building includes reception areas, conference rooms, and more. Prime location offers public transportation, ample pedestrian traffic, and 23 parking spaces. The building is in the heart of Vienna with multiple community events right in front of the building.  Don’t miss out on this attractive investment opportunity to own instead of renting. Visit www.108CenterStreet.com for all the details. Call Billy Samson for a private showing at 703-380-0255.

 

Market updates every week!
Watch Coffee With Casey LIVE every Thursday on our Facebook page, like us for notification when we go live.

OR Listen to our Podcast “Pod of Coffee With Casey” on all major platforms.

Latest Team Highlights:

  • Team member and Willowsford Expert, Ferris Eways sets record selling Expedition Drive for $700K over assessed value.
  • Team members John and Laura Grzejka, Dominion Valley Experts, achieve highest sale price in Haymarket since 2003.

Gold Standard Listings and Pre-inspection works!

In a market where only 12% of the homes sell in the first weekend, our team pre-inspected 319 South Adams Street in Arlington, a home built in 1909. South Adams sold in the first weekend, over list price, with multiple contracts, and no home inspection! Find out more about Gold Standard Listings.

Friends don’t let friends struggle to sell their home, no matter where they live.  If they need help outside of Northern Virginia, we can find great qualified listing agents anywhere in the country with our Network of Number Ones. If you or they are struggling to sell a property, give us a call, we would love to help! 703-508-2535.

View All of our Just Sold Listings

Whats Your Home Really Worth?

In this ever changing market you need professionals who are experts at generating multiple contracts with the best terms! Our team is one stop shop at the top of the industry and we ready to help you with your home selling and buying needs.

2023 Stats for Our Team:

  • #1 Medium sized team in Virginia, WSJ
  • Top .05% in the United States, RealTrends
  • $118M+ in Northern Virginia Sales⁠
  • Over $87M in homes sold, listed over $1M⁠
  • 100 homes sold in an average of 7 days at 8% above market
  • #1 Virginia team at Samson Properties

The Casey Samson Team Listing Protocol Produced Over $6M in Premiums for our Sellers in 2023

  • 97% success rate! If we list it, we sell it! 
  • 96% of our listings sold in the first 30 days
  • 92% sold in the first 7 days
  • 90% solid the first weekend

Where can you start? We offer virtual or in person meetings. Find out what your home is really worth or set up a no obligation home buyer or seller consultation.  TEXT  Casey Samson direct at 703-508-2535.

Thinking of buying a home? Maybe it’s a goal for 2025? It’s never too early to start! Planning ahead is key. Start the process with us now for first steps and we will get you to your home ownership goal for 2025. Learn more about our home buyers program and watch or listen to Coffee with Casey, The Why, When and How of Buying a Home  Watch Here

Want to receive our newsletter every month? Subscribe Here

Vienna is the #1 safest city in Virginia according to backgroundchecks.org and the #2 best city in Virginia according to Homesnacks. Learn more about Vienna, Virginia here.

Did you know we are on Pinterest? There we feature community boards, a Style board with inspiring interiors from our listings, renovation ideas for your whole house and more. Visit our Pinterest Now

Professional agents, staff and no broker fees have allowed us to keep commissions down. Our work ethic has produced an incredible track record. If you need help anywhere in Northern Virginia, call Casey. Yes, he picks up his phone. 703-508-2535.