37.2 F
Tysons
Thursday, December 1, 2022

Bright MLS

More N.Va. home-sellers accepting less than listing price

Sellers who found buyers for their homes in October across Northern Virginia received, on average, less than full asking price, confirming that the market is shifting if not entirely to buyers, then a certain way in their direction. Among six...

Year-to-date home sales sluggish across region

No surprise here: Year-to-date home sales through October across Northern Virginia’s major jurisdictions show significant dropoffs from the same period in 2021. A total of 28,998 properties went to close during the first 10 months of this year in Arlington,...

Data: Buyers still willing to pay top dollar for Arlington homes

Home sales across Arlington are down, down, down, but that doesn’t mean buyers aren’t willing to open their checkbooks to get a property they really want, according to new data. The average sales price of single-family homes that went to...

Per-square-foot sales prices up from 2021, down from earlier in 2022

Home-sellers across the Washington region in October continued to garner more, on a per-square-foot basis, than a year previously in next data. But for most jurisdictions, October’s median per-square-foot sales price was trailing the average for the first 10 months...

Average Fairfax s/f home price remains stuck below $1 million

It could be some time (spring, maybe?) before the average sales price for Fairfax County single-family homes again surpasses the million-dollar mark, at least based on current conditions. The average price of the 455 single-family properties that changed hands across...

Regional home prices still up, but pace is slowing

Median sales prices continue to inch up across the Washington metropolitan area, albeit more slowly, even as overall home sales continue to tumble significantly, based on new October sales data. With more slowing likely to come. “During the last two months...

Expert: Area’s home prices ‘likely will fall’ from peak

“Complicated” is the way Lisa Sturtevant, chief economist for BrightMLS – the region’s multiple-listing service – describes the current condition of the local real-estate market. “The shift in the marketplace accelerated in September,” she noted in parsing September sales figures...

Home sales down in all major N.Va. jurisdictions

The five major jurisdictions that comprise Northern Virginia saw a cumulative 30.8-percent dropoff in home sales in September compared to a year ago, according to new data. And with one exception, the decline was generally consistent across the region. A total...

Upper-echelon local homebuyers unfazed by market conditions

Prospective home-buyers seeking high-end properties appear less fazed by current interest rates and economic conditions and are more willing to wade in and find their dream home, according to new data from BrightMLS. The multiple-listing-service’s monthly “T3 Home-Demand Index,” updated...

Fairfax average s/f home-sale prices again back under $1 million

The average sales price for single-family homes across Fairfax County took another dip from August to September, marking the second consecutive month average prices have been below the million-dollar threshold. The declining average price likely is a reflection of both...
- Advertisement -

Latest News

PHOTOS: Madison wins region football crown!

The James Madison High School football team defeated Centreville, 22-7, on Nov. 26 to become the 2022 6D North...
- Advertisement -