While stats don't lie, they may not tell the entire story. The 2009, 4th Quarter market statistics certainly indicate a turn towards a sellers' market in three key counties, Fairfax, Prince William, and Loudoun. Fairfax, Prince William, Loudoun, Facquier, and Stafford all showed a dramatic drop in "days on the market" meaning that listings are selling much quicker than in the 3rd quarter, in some cases a drop of over 50%!
While this doesn't mean a return to the 2002-2006 prices, it does mean that purchasers MUST be ready to move quickly as good listings are flying off the shelf. Our experience in this market certainly confirms this. If priced properly and staged well, homes are selling in a matter of 2-3 days. Our advice to purchasers is to be prepared with a pre-approval letter and don't think "lowball" on a home if you really want it.
The link below is to the individual market stats for the individual counties. If you would like these stats broken down by you zip code, just call us. We are happy to provide that information, plus automatic listing updates for your area of interest. This is a great resource for purchasers and sellers alike.
Here's the link.
http://www.moresam.net/information/Info_1.aspx
Joe
Stats reproduced by permission of MRIS and Delta Associated.
What Makes VR SAM® Different?
“VR SAM® has been there” and experienced more Military moves than we care to remember. But we do “remember” the “Good and Not so Good “Realtor experiences and we believe our Military Family clients deserve the Very Best!
We believe in the mission our Military Families support and are grateful for the opportunity to do our part with top quality relocation Realtor services.
VR SAM® offers our purchaser clients an industry leading credit from our commission at settlement.
VR SAM® offers our seller clients extremely competitive listing rates, and listing options to save them even more money.
Contact VR SAM® today and experience the difference! homesformilitary@vrsam.com 877 878-7726
Veteran Realty Serving America’s Military, Inc., VR SAM®, is a partnership of retired Military Officers and Spouses, all Military Realtors, serving Military Families purchasing or selling homes in the Northern Virginia region including Fairfax County, Prince William County, Loudoun County, Fauquier County, Stafford County, Arlington, and Alexandria, Many of our purchaser clients are PCSing to the Pentagon, NRO, Fort Belvoir, Fort Meyer, Anacostia, Bolling AFB, Andrews AFB, Navy Yard, Quantico, Coast Guard Headquarters, and other NOVA military installations. VR SAM also serves a large number of defense contractor employees and Federal Employees from the FBI, NCIS, CIA and other agencies. VR SAM is a leading advocate for the improvement of home owner benefits for Military Families. Call VR SAM today to learn about our industry leading purchaser client credit and competitive listing programs and rates.
VR SAM owns and operates this MORE SAM website and from . MORE SAM™ is a free advertising site for homeowners and Realtors® who wish to expose their properties to the Military Housing Market. MORE SAM™ also offers excellent advertising opportunities for Realtors® wishing to increase their visibility to Military Families moving to or from over 400 military installations worldwide.
VR SAM is affiliated with Jobin Realty Manassas, 9327 Main Street, Manassas, VA 20110. 703 365-9090
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