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Market Update: December 2017

Springfield VA Market Update

A look at these four graphs tells you all you need to know about our local real estate market as we near the end of 2017. We’ve used data from Springfield, but the information would be similar for Alexandria, Lorton, Burke and other areas of Northern Virginia.

Sales are down, but only because of the lack of inventory. At the same time, prices are up and sellers are getting 9% more in 21%
less days on the market.

So, it’s a great time to be a seller…if you’ve got an attractive property that shows well and is priced correctly.

We can help you to maximize your results with smart staging, unmatched marketing and professional negotiation. Give us a call at 703-822-0207. We’d love to help you.

Not ready to talk, but curious about what your home is worth? Click here for a free, custom home valuation.

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