South Riding Weekly Update 4/30/11 - 5/6/11

SUMMARY

The current inventory level for South Riding increased to 70 active listings. With 8 new listings and 12 homes which went under contract last week, receiving contracts with an average 42 days on the market. 5 homes sold and went to record last week with an average net of 98.3% and 15 days on the market. Looking back over the past 5 weeks which had sold homes the average net to list price has been 98.3%, 100.5%, 97.9%, 97%, and 96.5% for an average of 98.0%. CLICK HERE fir entire post..