Getting Geared Up?

The spring market is due to start any moment here, just as soon as anyone can dig out from under all of this snow and start selling houses…so let’s take a peek at where the median price is for the different zip codes in Ashburn (keep in mind that condos really means condos and townhomes)…

[altos_chart st=”VA” cid=”1977137″ zid=”1977138″ rt=”sf,mf” ra=”c” q=”a” left=”median_price” size=”a” timeSpan=”e” endDate = “2010-02-05″ /]

[altos_chart st=”VA” cid=”1977137″ zid=”1977139″ rt=”sf,mf” ra=”c” q=”a” left=”median_price” size=”a” timeSpan=”e” endDate = “2010-02-05” /]

Welllll, hello stability! Consistent across both zip codes, and for both single family homes and condo/townhomes, median price has stayed very stable since last March, with little variation at all.  Maybe we should peek at inventory, then…

[altos_chart st=”VA” cid=”1977137″ zid=”1977138″ rt=”sf,mf” ra=”c” q=”a” left=”median_inventory” size=”a” timeSpan=”e” endDate = “2010-02-05″ /]

[altos_chart st=”VA” cid=”1977137″ zid=”1977139″ rt=”sf,mf” ra=”c” q=”a” left=”median_inventory” size=”a” timeSpan=”e” endDate = “2010-02-05” /]

Hmmm. That looks like a normal spring rise in inventory, then dipping back down as summer turns to fall (except for condo/townhomes in 20148, which has been steady).  Truly, there is not a whole lot of available inventory in *any* price point at the moment, so I’m hoping we see inventory climb a little bit soon so buyers have more to pick from!

If you are thinking about selling, and would like more specific information on what your home is worth, please hit the Ask Heather button and send me some specifics. Or, if you are considering buying this spring, you can hit the same button and tell me what you are looking for, and I can help you get a detailed market picture based on your criteria.

Cheers,

Heather

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Michael and Heather Elias are full time real estate professionals and licensed REALTORS at Century 21 Redwood Realty. They sincerely hope you enjoy reading this blog, and would love the opportunity to work with you.



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