You will not find this information anywhere else. Median sale price of homes by Zip Code and City. Data from MLS. Prepared by TOBIN SEVEN, Principal Broker / Army Veteran.
TOBIN SEVEN, Principal Broker, Army Veteran.
Licensed in Virginia, Maryland and DC. Eagle Scout
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Tobin's note: You would have to save $2,767 a month ($33,200 total) to buy same home you saw 12 months ago. 6.5% annual increase. WOW!
Why wait to buy? See statistics below that confirm the $33,200 increase in median home price in past 12 months
See chart below:
NORTHERN VIRGINIA (see below) has a 5-year LOW inventory of homes for sale.
See "gold" and "orange" dials below. SUMMARY: SELLER's Market.
See screen shot below. Amazingly home interest rates have gone down and are at the lowest rate in the past 60-days. Information is from Freddie Mac---which is the best source for home interest rates. If you are thinking of buying---what are you waiting for?
See chart below---by Zip Code and Corresponding City
The 104 zip codes/communities in NORTHERN VIRGINIA saw a 6.5% increase in home sale median values in past 12 months, Median price of homes went UP from $514,300 to $547,500. WOW!
Due to COVID-19, do you work from home? See chart below. Interesting data on those who work from home.
Due to lack of inventory of homes for sale---overall sales today are less than they were four year ago. See chart below. One of the reason for 9% median annual price increase in homes sold.
See chart below. Median price of homes in NORTHERN VIRGINIA rose by 6.5% in past 12 months. Homes are staying on market for 5 days. This a a 16.7% drop in number of days "ON MARKET" in past 12 months.
Past monthly, Housing Stats for Northern VA, Maryland and DC can be found at: www.DMVhousingStats.com
Website dedicated to Veterans, Active Military and their Families. Valuable information about Home Ownership---BUYING a Home and SELLING a house. In the Northern Virginia, Maryland and Washington DC areas.
New SPRING edition. See below. 24-page FREE booklet on important things to consider when BUYING a home. Click here to download pdf 24-page booklet. Download is safe.
New SPRING edition. See below. 20-page FREE booklet on important things to consider when SELLING a house. Click here to download pdf 20-page booklet. Download is safe.
Regards,
TOBIN SEVEN, Principal Broker (Realtor) / Army Veteran --- Licensed in Virginia, DC and Maryland. Eagle Scout.
SEVEN REAL ESTATE ASSOCIATES LLC is Veteran Owned and Operated.
Voted Top 8% of all Real Estate Agents in USA (2021 - 2018)
