Check out this video for the latest stats and trends! Here’s a quick summary of the storyline…
– Strong demand: New pending contracts were up 13.8% this August compared to last August
– Tightening supply: There were 34.8% fewer active listings this August than August last year, the lowest August level in 8 years.
– Prices going up: Median sale prices were up 9.8% this August over last August.
So it is a great time to sell! It’s also still an excellent time to buy with historically low interest rates. Let me know if I can help. Or if you know someone looking to buy or sell, I always appreciate referrals: 202-905-5369 /firstname.lastname@example.org