|
Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Seven Corners. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 703-855-7696
|
|
| Average Home Price | $650,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 10-30 days |
| Best Selling Price Range | $600,000 - $649,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | Equal buyers and sellers |
| Buyer Activity for the past 90 days in Seven Corners is | Increasing |
| Seller Activity for the past 90 days in Seven Corners is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Sellers Are Getting Multiple Offers On The Inventory Of The Homes Currently On The Market Due To The Location |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 10-15% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Financing Is Available for all Buyers who are Qualified in the area of Seven Courners |
| Housing Inventory | Good supply - Some Prices |
| Inventory Comments | Housing inventory has decresed due to the job market increase 0.8% in Fairfax County |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Job Growth |
| Nearest Metro Area | Washington DC |
| Housing Hot Spots | Most cities within the Fairfax County area are considered ’Housing Hotspots’ |
| Average Sold Price | $650,000 - View Graph Trend |
![]() |
Roger Nakazawa
Olympic Realty
|
|
| Receive New Listings by Email | Get Free Monthly Newsletter | Find Seven Corners Homes for Sale | Search Seven Corners Real Estate |