Northern Virginia Housing Report: June 25, 2020
Market activity: 3,181 homes
A look at the past seven days shows there have been 3,181 homes across Northern Virginia on the market in some phase of the home sale:
|Coming Soon (291)|
|New Active (508)|
|Back to Active (118)|
|Price Decrease (235)|
|Price Increase (79)|
|Active Under Contract (413)|
|Temporary Off Market (74)|
Springfield, Virginia has 298 homes on the market (well 13 are coming soon and 23 closed in the past seven days). This market has a large military population and is a great location because of its proximity to to I-95 and all of the military bases in the area Fort Belvoir, The Pentagon, Quantico, Joint Base Andrews, among others. Look at any active and available home on the market in Springfield here.
The refrain continues: inventory is low and buyer interest is high – despite the constraints put on buyers and sellers by the Coronavirus pandemic. So as government officials loosen up restrictions on movement and gatherings, we're starting to see more open houses being scheduled and even more competition generated by buyers comfortable getting out of their homes.
As a reminder, I and my team will continue to use masks and gloves and provide no-touch in-person and virtual showings to clients near and remote. We'll provide masks and gloves for anyone needing them. Safety in these circumstances is our goal.
Reach out to me at 703-552-5259 to start a no-obligation conversation. Share your thoughts - comment below.