Back to Blog Posts
Prev Next

What's Up Wednesday- June 17, 2020

Posted by Leanna Conoscenti on Wednesday, June 17, 2020 at 7:17 AM By Leanna Conoscenti / June 17, 2020 Comment

What's Up Wednesday - 6/17/2020-  Are the number of home sales increasing? 

Today we're going to take a look at some new statistics that were just released for the month of May. 

In Loudoun County in May, 775 new listings came on the market. That's down 28% from last year but up 13% from April. The number of homes that went under contract was 709, which was down 12 % from last year but up 40% from April. 

In Fairfax County in May, 1,624 new listings came on the market. That's down 37% from last year but up 3% from April. The number of homes that went under contract was 1,475, which was down 24% from last year and up 18% from April. 

During Coronavirus, house values have remained strong in Northern Virginia even though the total number of sales has dropped. Though the number of sales is still far lower than this time last year, it is encouraging to see the month over month increase in new listings and new contracts. 

Curious how these numbers affect your upcoming real estate plans?

By proceeding, you expressly consent to receive calls and texts at the number you provided, including marketing by auto-dialer, pre-recorded or artificial voice, and email, from The Spear Realty Group of Keller Williams about real estate related matters, but not as a condition of purchase. Message frequency varies. You can text Help for help and Stop to cancel. You also agree to our Terms of Service and to our Privacy Policy regarding the information relating to you. Message and data rates may apply. This consent applies even if you are on a corporate, state or national Do Not Call list.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Music: « Hey! » from Bensound.com

Post a Comment