Market Statistics

 

Market Statistics: November, 2019

November 2019 nvar Market statistcs

View November 2019 Home Sales Report

Fairfax – “Like shoppers hoping to snag pre-holiday door-busters, November homebuyers acted quickly, even without bargain prices,” says Christine Richardson, 2019 President of the Northern Virginia Association of Realtors®. “Our region continues to be a place where people want to put down roots.

“While we are currently experiencing the normal slowdown that happens every year around the holidays, the market is still strong,” Richardson adds. “The time required to sell a home (days on market) continues to drop year over year, while the median sales price and ratio of sales price to list price continue to rise. We have more buyers than we have homes to sell.

Read the full press release here.

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