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Tuesday, November 29, 2022

home sales

Va. home buyers, sellers seem to be taking a breather

Those seeking more proof that the real-estate market seems to be going into wintertime hibernation need only look to the most recent sales and sales-price figures from the Virginia Realtors trade group. The 8,828 sales recorded statewide in October represented...

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,...

N.Va. home buyers, sellers both skittish as end of year approaches

Home prices across Northern Virginia continued to be propped up by a dearth of inventory across the region, as prospective sellers seem to be holding back in hopes of a stronger spring season. “Interesting dynamics are shaping our local market,...

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...

Va. Realtors’ survey confirms ongoing market tumble

A combination of economic malaise, affordability concerns, higher interest rates and the general seasonality of the market have left a sour taste in the mouths of Virginia’s real-estate professionals. The monthly “flash survey” of members conducted by the Virginia Realtors...

Survey: First-time buyers having harder time in homes market

More signs of the times: The share of first-time home buyers in the overall real-estate market has dropped to a record low, while the age of a typical first-time buyer increased to an all-time high, in recently released data...

N.Va. seeing largest home-sales dropoff in commonwealth

Northern Virginia in September saw the largest year-over-year decline in home sales among the commonwealth’s eight broad geographic areas as defined by the Virginia Realtors trade group. With 3,180 sales in September 2022 and 4,573 in September 2021, the year-over-year...

Year-over-year home prices still up nationally

Future months may not be so kind, but September continued the lengthy streak of year-over-year sales-price increases in the U.S. homes market. Even as sales sagged, the median existing-home sales price increased to $384,800, up 8.4 percent from year before,...
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Latest News

Newly selected economic-development czar is a neighbor

It’s another national search that ended up with a new department head coming from very close to home. Arlington County...
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