Northern Virginia Market Conditions - December 2004
A strong Seller's Market continues to dictate Northern Virginia Real Estate conditions. Limited inventory in single family, townhouse and condominium markets have resulted in stiff competition between ready, willing and able buyers. Buyer's must have realistic purchase expectations and be prepared to do what is necessary to make winning purchase offers. New homes are also facing limited inventory issues.
Northern Virginia sales prices averaged $449,678 in August 2004 compared to $379,764 in 2003, an increase of 18%. Active listings remained tight with inventory levels about 5% less than August 2003.
posted by NoVa Real Estate @ 4:09 PM
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3 Comments:
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Hello: NoVa Real Est e, I was looking for some information on residential real estate and found your site. I'm sure you know how it is when you start to read a interesting post…most time you just have to read it all. Bottom line, I've enjoyed reading your Blog. I’ve got you bookmarked for the future. I'm doing a little test to see how many people actually read these posts. So, for the next few weeks anyone who visits my Blog, I'll send a great 90+ page search engine optimization ebook! Yes, this is a not strings attached deal. Plus, if you have an above average real estate website, you should apply for our free real estate website award at
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