www.WoodbridgeVARealtor.com 571-285-4319
Claudia S. Nelson Realtor with Keller Williams Realty
Is this a Sellers Market in Woodbridge / Dumfries Virginia?
Let’s examine the Facts:
Currently there are is a limited inventory of homes for sale. There are several reasons for this:
- Fewer Foreclosures and Short Sales
- Sellers that would like to sell but bought at the highest point of the market might not have enough equity in the home to sell
- Sellers are waiting for the market to move higher
There are more buyers then sellers
- Showing a home and there are 3 other Realtors showing at the same time you know it’s a hot market
- A Townhouse in Old Bridge Estate, Woodbridge receives 16 offers. The home was priced below the competition.
- Another Townhouse in Old Bridge Estate, Woodbridge that was priced right, was a regular sale, in good condition also received multiple offers
- And last but not least a townhouse in Old Bridge Estate, Woodbridge that was priced on the very high end compared to rest of the market received two offers after only 5 days on market
- The same is going on all over Northern Virginia. I was showing homes in Alexandria and making an offer for my client and sure enough we were competing with other offers
Homes are selling quickly
- Homes that are priced right will sell quickly
- Buyers are competing against each other
So coming back to my original question is this a sellers market? Definitely yes. Homes that are priced right , in good condition and are in desirable locations will move quickly.
If you are thinking about selling your house call me today to schedule a free consultation. 571-285-4319
I live and work in Woodbridge Virginia and service all of Woodbridge Virginia and surrounding area.
Find out what’s for Sale in Woodbridge Virginia: Click here
About the author: The above Real Estate information on Is this a sellers Market? was provided by Claudia S. Nelson, an award winning Real Estate Agent with Keller Williams Realty in Woodbridge Virginia. Claudia can be reached via email at Claudia@VARealEstateExperts.com or by phone at 571-285-4319. Claudia has helped countless Northern Virginia Home Buyers and Home Sellers over the past Years.
Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!