Property Search

Property
Alerts

Get email alerts
when new listings come
on the market. Enjoy faster
searching with saved searches
and favorite properties.

Create Account

Market in a Minute & StatPak
February 2015

We profile the most important market indicators every month - contract activity, interest rates, inventory, affordability and direction of the market - in an easy to read and digest summary. It's not just the numbers; it provides context to understand why the numbers are important and what they mean for the future of the market. Published for Northern Virginia, Loudoun County, Washington, DC and Montgomery County. 

A quick summary of last month's contract activity is shown below. To see the complete "Market in a Minute" reports for each jurisdiction we cover, click on the corresponding links. 

New in StatPak - The URGENCY Index. 
A few months ago we introduced a new metric – the Urgency Index. This is simply the measure of the percentage of homes going under contract that were on the market 30 days or less, giving a sense of how quickly buyers feel they must act to put an offer on a home. To see your market's Urgency Index click the link to view the full report.

Northern Virginia

 

Washington, DC

Loudoun County, Virginia

 

Montgomery County, Maryland                              

Northern Virginia - February 2015


   


CONTRACTS:  Contract activity in January 2015 was up 5.0% from January of 2014, and there were increases in five of the six price categories. The average number of days on the market for homes receiving contracts increased from 58 days in January 2014 to 78 days in January 2015.

 
 

Montgomery County - February 2015


 


CONTRACTS:  Contract activity in January 2015 was up 10.7% from January 2014, and was up in all but the lowest price category. The average number of days on the market for homes receiving contracts increased from 65 days in January 2014 to 87 days in January 2015.

View the complete Montgomery County February 2015 StatPak Report including Market in a Minute
 

Washington D.C. - February 2015


 


CONTRACTS:  Contract activity in January 2015 was up 2.4% from January 2014, with increases in four of the six price categories. The average number of days on the market for homes receiving contracts in January barely increased from 53 days in 2014 to 54 days in 2015. Throughout the rest of the region, days-on-market increased by at least 33%.

View the complete Washington D.C. February 2015 StatPak Report including Market in a Minute

Loudoun County - February 2015


 


CONTRACTS: Contract activity in January 2015 was up 16.0% from January 2014, the fourth straight month with an increase. The average number of days on the market for homes receiving contracts increased from 64 days in January 2014 to 95 days in January 2015.

View the complete Loudoun County February 2015 StatPak Report including Market in a Minute

 

McEnearney Property Management McEnearney Commerical Luxury Real Estate
 

877-624-9322 | 109 S. Pitt Street, Alexandria, VA 22314

Copyright 2015 McEnearney Associates Inc, REALTORS®. All rights reserved

Alliance Coast Mortgage

Loading...