Falmouth and Aquia Harbor Real Estate Market Conditions & Reports, Falmouth and Aquia Harbor 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

Northern Virginia

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

60-90 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$525,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Up 0-5%

Prices As % of Asking Price

85-90%

Multiple Offers?

Greatest Activity

Single-Family Homes

Buyer Activity for the past 90 days in Falmouth and Aquia Harbor is

Seller Activity for the past 90 days in Falmouth and Aquia Harbor is

Is Financing Available For Qualified Buyers in Falmouth and Aquia Harbor?

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

Mclean, Stafford County, Alexandria, Arlington, Manassas.

Reason to Buy/Sell

The population is growing steadily, we have very low unemployment, over 60,000 new jobs per year are being added, the economy is very good, new businesses are moving here every day.

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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