Centreville, VA Market Report 11/12/12

12 Nov
November 12, 2012

The Centreville market is divided into 2 distinctive markets 20121 located North of Lee Highway and 20120 which is South of Lee Highway.

In line with Northern Virginia and Fairfax County, the Centreville market is experiencing the lowest inventory in 5 years and sales are reaching the number of active listings creating Sellers’ market with average days on the market below 30.

In October 2007 in Fairfax County, there were 7,560 active properties on the market and 845 sales.  By comparison, in September 2012, there were 2,598 active listings and 1007 sales.

November 2011 November 2012 % change
Avg. Sales Price $333,432 $339,136 1.7%
Avg. DOM 42 27 -35%
Total Unit sales 39 52 30%
Active listings 164 111 -32%

If you considering selling now is the time!!  It’s time take advantage of this exceptional Seller’s Market.  Select and compare 2 to 3 Realtors in the Centreville market to interview.  Pay attention to their production, their Marketing Plans, their analysis of the value of your home, and what their Company offers.

We at Avery Hess, Realtors, in Centreville, look forward to hearing from you!

Information obtained from statistics supplied by Metropolitan Regional Information Systems, and analysis and comment by Jim Agnew, Managing Broker, Avery Hess, Realtors, Dulles Regional Office

 

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