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Our mission at The Gresh Group is to be your best resource for real estate advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about real estate. Subscribe to this blog to get the latest news on local market trends and receive expert tips for buying or selling a home.

Friday, June 28, 2013

Northern Virginia Market Update June 2013

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The housing market in the Washington D.C. area and Northern Virginia has been booming!

According to an article published by the Real Estate Business Intelligence, the median sale price today is over $30,000 higher than it was in May of 2012. Low inventory and a demand for homes have continued to put pressure on prices raising the median sales price in most of the DC metro area.

Inventory is very low despite the ‘recent surge in new listings.’ This is good news for sellers. A properly priced home in good condition will fly off the market. In fact, the median-days-on market is just nine days.

Click here to read the full article >>

So if you are looking to sell your home or have any real estate questions, please call me at 703.963.5500.