Inventory Challenges Continue! [INFOGRAPHIC]

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Inventory Challenges Continue! [INFOGRAPHIC]

Property Overview

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Some Highlights: After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories. Median existing home prices surged for the 62nd straight month, up 6.0% over last year to $244,800. New home prices slowed as builders have started … Continue reading Inventory Challenges Continue! [INFOGRAPHIC]

Property Description

Some Highlights:

After a surge in March, existing home sales and new home sales slowed due to a drop in inventory available for sale in the start-up and trade-up categories.
Median existing home prices surged for the 62^nd straight month, up 6.0% over last year to $244,800.
New home prices slowed as builders have started to turn their focus toward single family, smaller homes.

Contact Agent

Herbert Riggs

Office : 703-966-2647
Mobile : 703-966-2647
Fax :

I have lived and worked in the Northern Virginia area for over 20 years. I am committed to honesty, integrity and excellence in every relationship I build in my real estate endeavors.

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