Northern Virginia Realtors

Fairfax County Virginia Real Estate Report January 2017

 

Fairfax County realtors Jan and Steve Bachman

 

After almost 10 years of suffering, average home prices have reached the heights they achieved in the freakish market run up to the peak of 2005/2006.

The average home price in Fairfax County has risen almost $200,000 per unit from the market bottom of first quarter 2009 as you can see from the graph below.

 

 

 

 

 

 

Good interest rates have been one of the catalysts in the 7 year price rise. The number of active listings has grown as more sellers are in the black with real equity after years of being "upside down" had they purchased at the height of the market in 2005/6.

The graph below shows the 5 year history of # of active homes for sale by month.

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The number of days that it takes to get a winning contract was hovering in the high 30s in December 2016... which is great for the winter but slower than the speedy sales in the spring and summer. 

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Prince William County realtors

 

Well priced homes under $450k in good locations and in good condition have been getting contracts quickly. 

 

Upper end properties ...above $750k, are moving more slowly depending on the neighborhood, since they are often contingent on the buyer selling their existing home first. Norhtern Virginia first time home buyer range is considered $400,000 or under. This sounds crazy if you come from most areas of the USA but the surge in high tech jobs over the last 20 years has put the median family income at $129,000 in 2015.

 

 Prince William County realtors

If you need information on new homes or any other area of real estate, drop us a line.

We will do our best to get you what you need.

 

 

 

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Loudoun and Fairfax county real estate agents Jan and Steve Bachman

 

 

 Moving to Northern Virginia? Not familiar with the area?

We are more than traffic and a great job market.

 

Below is a link to a photo tour of typical home styles and our countryside
yside: 
http://video214.com/play/ngb0RJKin5pR3jr2CUotnw/s/dark

 

 

by Steve Bachman

 

 

Why pay more and get less when selling your home? Jan and Steve Bachman of RE/MAX Gateway still create full color brochures, an individual property website for your listing that goes out to 40+ public real estate search sites including Realtor.com, Trulia, Zillow etc.

 

We also create a custom photo tour that is sent to other agents and prospective buyers.

 

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RE/MAX Hall of Fame

Follow Jan and Steve at the places below

Jan and Steve Bachman are full time Realtors® with RE/MAX, specializing in Homes for Sale in Fairfax, Loudoun, Prince William and Arlington Counties.

 

Check us out on Google: Jan and Steve Bachman

 

 Follow Steve's photography on Google+

fairfax and loudoun county realtors

 

              

 

Search for Northern Virginia Homes Like an Agent  Just play around. No hassle, no spam, we won’t bug you. Fresh listings emailed to you. Want more info. Drop us a line. You’re in control. For a regular home search click here:HomeByBachman.com          

Jan and Steve Bachman

www.HomesByBachman.com

Northern Virginia Realtors

http://northern-va-homesforsale.com/

Northern Virginia Real Estate

Herndon Real Estate

Loudoun County Real Estate

 

We found our 2 rescue dogs through Petfinders. They're great!________________________________________________________________________________________

Comment balloon 0 commentsSteve and Jan Bachman • January 13 2017 03:24PM
Fairfax County Virginia Real Estate Report January 2017
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After almost 10 years of suffering, average home prices have reached the heights they achieved in the freakish market run up to the peak of 2005/2006. The average home price in Fairfax County has risen almost $200, 000 per unit from the market… more
Prince William County VA Real Estate Report. February 2016
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As we move into early 2016, it is interesting to look back at the home price recovery that occurred in the county since 2009. The median home price in Prince William county has risen over $125, 000 per unit from the market bottom of first quarter… more
Herndon VA Home Sales, zip codes 20171 & 20170. February 2016.
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Thanks for stopping by our Herndon Home's Sales Report for January 2016. Our goal is to show you the big picture of what is happening with median home prices as well as market activity. Despite being in the depth of winter, real estate sales… more
Homes for Sale in Virginia Run Centreville VA 20120.
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Welcome to the Virginia Run February 3, 2015 Homes Sales Report. Our goal is to let prospective home buyers know a bit about this great community and to keep current Virginia Run residents apprised of what properties are… more
Prince William County Real Estate Report January 2015.
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The median home price in Prince William county has risen $100, 000 from the market bottom of first quarter 2009. The relatively low Inventory of homes for sale and good interest rates have been the catalysts in the 5 year rise. However, December… more
Home Sales in Herndon and Oak Hill VA. Zip code 20171
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Thanks for stopping by our Herndon Home's Sales Report for January 2015. Our goal is to show you the big picture of what is happening with median home prices as well as market activity in the Herndon/Oak Hill communities of zip code… more
Reston Homes Sales in Zip code 20194. August 12, 2014
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20 Condos for sale in 20194 as of today ( a condominium is a form of association ownership, not a home type. Apartment style condos as well as Townhouse codos are both common in Reston. 34 Townhouses for Sale &… more
Loudoun County Virginia Real Estate Report. July 2014
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The median home price in Loudoun county VA has risen $153, 000 from the market bottom of first quarter 2009. That's the good news and over the long term the data has been good. However, current high inventory of unsold homes is… more
Prince William County VA Real Estate. August 2014. Bachman RE/MAX
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The median home price in Prince William county has risen $100, 000 from the market bottom of first quarter 2009. That's the good news and over the long term the data has been good. However, current high inventory of unsold homes… more
Fairfax County VA Real Estate Sales & Inventory Report July 2014
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Thanks for stopping by the Fairfax County Virginia monthly real estate report for July. Data is through the end of June 2014. Inventory of Active listings has risen to 3560 units… the highest it has been… more