Annandale Real Estate Market Conditions & Reports, Annandale Market Trends, Virginia

Market Commentary Provided by Charles N. Jackson

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Charles N. Jackson
Weichert Realtors
Burke, Virginia
703-863-9957
cjackson4@earthlink.net
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

Equal buyers and sellers

Average Time on Market

30-60 days

Market Trend

Decreasing

Housing Inventory

Limited Supply

Average Home Price

$525,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 5-10%

Prices As % of Asking Price

90-95%

Multiple Offers?

Yes

Greatest Activity

Repeat Buyers

Buyer Activity for the past 90 days in Annandale is

Seller Activity for the past 90 days in Annandale is

Is Financing Available For Qualified Buyers in Annandale?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Northern Virginia

Reason to Buy/Sell

Population Growth

Average Sold Price

$525,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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