South Riding, VA

SUMMARY

The current inventory level for South Riding decreased to 33 active listings. With 8 new listings and 11 homes which went under contract last week, receiving contracts with an average 43 days on the market. 2 homes sold and went to record last week with an average net of 98.7% and 55 days on the market. Looking back over the past 5 weeks of sold homes the average net to list price has been 98.7%, 98.6%, 96.3%, 99%, and 95.9% for an average of 97.7%, over the last 5 weeks. CLICK HERE for entire post...

SUMMARY

The current inventory level for South Riding decreased to 35 active listings. With 6 new listings and 12 homes which went under contract last week, receiving contracts with an average 53 days on the market. 3 homes sold and went to record last week with an average net of 98.6% and 44 days on the market. Looking back over the past 5 weeks of sold homes the average net to list price has been 98.6%, 96.3%, 99%, 95.9%, and 99.6.% for an average of 97.9%, over the last 5 weeks. CLICK HERE for entore post...

SUMMARY

The current inventory level for South Riding decreased to 41 active listings. With 5 new listings and 10 homes which went under contract last week, receiving contracts with an average 41 days on the market. NO homes sold and went to record last week. Looking back over the past 5 weeks of sold homes the average net to list price has been 96.3%, 99%, 95.9%, 99.6.%, and 96.3% for an average of 97.4%, over the last 5 weeks. CLICK HERE for entire post...

SUMMARY

The current inventory level for South Riding increased to 48 active listings. With 12 new listings and 4 homes which went under contract last week, receiving contracts with an average 50 days on the market. 1 home sold and went to record last week with an net of 96.3% and 31 days on the market. Looking back over the past 5 weeks of sold homes the average net to list price has been 96.3%, 99%, 95.9%, 99.6.%, and 96.3% for an average of 97.4%, over the last 5 weeks. CLICK HERE for entire post...

Real Estate Trend for Loudoun County :
December 2009

Total Number of NEW listings taken for the month: 373

Total Number of Properties marked Contract for the month: 156

Total Number of Properties marked Contingent for the month: 193

Total Number of NEW pendings (CONTRACTS + CONTINGENTS): 349

2009 2008 % Change

Total Sold Dollar Volume: $ 162,612,519 $ 138,208,967 17.66 %

Average Sold Price: $ 393,735 $ 355,293 10.82 %

Median Sold Price: $ 355,000 $ 310,000 14.52 %

Total Units Sold: 413 389 6.17 %

Average Days on Market: 58 104 - 44.23 %

Average List Price for Solds: $ 413,677 $ 389,842 6.11 %

Avg Sale Price as a percentage of Avg List Price: 95.18 %

Source: Metropolitan Regional Information Systems, Inc. - MLS Resale Data
Copyright 2010 - Information deemed reliable, but is not guaranteed.

Donny and Meredith Samson
Samson Properties Associate Broker NVAR Top Producer Direct 703-864-4894 4 1/2% Full Service Listings Cash Back to my homebuyers http://www.dmsamson.com/