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Market Trends for Aurora Highlands / Crystal City, VA

By Kuppan Gayathri

What is YOUR Home Worth In Aurora Hills/Crystal City – Arlington, VA?

As you can see that the average days on market has decreased by 42% from this time last year. Additionally, the number of active and new listings has decreased by 31% and 56% respectively. So what does this mean? Judging from the below numbers, it is still a seller’s market out there.

So if you are ready to sell your house and live in 22202, you are in a good position. The numbers above spell out a picture of the simple laws of supply and demand, there is more demand for homes than the market is able to supply. When a house goes on the market, it won’t sit long and provided it was priced correctly, you should be happy with the sell price.

Market Trends for Aurora Hills/Crystal City, VA

Feb 2014

Feb 2013

% Change

Active Listings

25

36

-30.56%

New Listings

12

27

-55.56%

Units Sold

14

11

27.27%

Avg Days on Market

28

48

-41.67%

Avg SP to OLP Ratio

98.50%

96.80%

0.73%

Avg List Price for Solds

$552,614

$462,391

19.51%

Interested in a FREE Market Analysis to determine the value of your home? Contact me today!

Contact

6820 Elm Street, McLean, VA 22101
PH. (703) 636-7300