Our Northern Virginia Real Estate Market Reports provide you with insight into the real estate market’s performance through highly engaging visuals. We provide market data with context so that you can understand the meaning behind the numbers and their impact on your eventual need or desire to buy, sell, or invest in real estate.
In these September 2020 editions of our Northern Virginia Real Estate Market Reports, you will see that the market is somewhat confounding. While market conditions are ripe for sellers to get top dollars on their home, few are selling. Record low interest rates have spurred demand for home-ownership as people reconsider their housing priorities due to the pandemic.
The Northern Virginia real estate market is characterized by:
- Home prices are steadily rising across all home types;
- The market is still suffering from a lack of supply and is now at a 10-year low;
- Historically low interest rates still driving buyer demand.
We have reports for the following regions in Northern Virginia. Please reach out if you would like a more specific town or neighborhood level report.
As always, we love to answer your questions about the housing market. Reach out at any time to discuss your goals in the current market.