20165 December Market Report


Here are the latest market statistics for all the wonderful neighborhoods that comprise 20165 – Cascades, Countryside, Lowes Island, Potomac Lakes

  • Active Listings

The number of active listings decreased from 72 in October to 56 in November, representing a 22.2% change.  However, this was a 21.74% increase in active listings (46) from a year ago at this time.

  • Sold Homes

37 homes closed the last month which is a 2% increase from October.  November 2016 saw 41 closing for a 9.76% decrease compared to the previous year.

  • Days on the Market

Homes continue to sell despite the traditional holiday slowdown period.  Days on market (DOM) were nearly identical in October and November at 37 and 38 days, respectively.  There was a 26.92% decrease compared to last year (52 days).

  • Average Sales Price

The average sales price for November was $522,819 last month; a 15.7% increase from the month prior. A year ago at this time, the average sales price was $444,348  representing an 17.66% increase.

  • Average Sold to Original List Price (OLP) Ratio

The Average Sold to OLP Ratio was 95.5% for November 2017, down 2.46% for the month and year prior.


Are you thinking of selling? Did you know the unofficial Northern Virginia spring real estate market kicks off Super Bowl weekend? That’s only 7 weeks away! Call me to find out what you should be doing to prepare your home if you plan to sell in early 2018.

Kristen is a realtor who especially loves helping first time homebuyers and clients juggling selling and buying a home simultaneously. Kristen has a knack for working with sellers and buyers who have young children – they always make the process more exciting! She lives in Sterling, VA with her husband and their one year daughter, Ava. In her spare time, you will find her out and about enjoying all Sterling and neighboring communities have to offer.

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