South Riding Weekly Update 4/23/11 - 4/29/11

SUMMARY

The current inventory level for South Riding increased to 68 active listings. With 11 new listings and 6 homes which went under contract last week, receiving contracts with an average 58 days on the market. 4 homes sold and went to record last week with an average net of 100.5% and 78 days on the market. Looking back over the past 5 weeks which had sold homes the average net to list price has been 100.5%, 97.9%, 97%, 96.5%, and 93.4% for an average of 97.1%. CLICK HERE for entire post...