May 2015 Market Activity and Market Absorption for Northern Virginia and Washington DC

May 2015 ‪‎Real Estate‬ market activity and market absorption for Northern Virginia and Washington DC markets. Inventory in almost all markets continues to rise along with units sold. Sales prices remain steady and are up slightly in some areas but no significant changes. Sellers continue to have most of the leverage but there is a bit more room for negotiation off the price and for seller subsidy.

If a home shows well and is priced right we are seeing some multiple offer situations but those are not the norm. Pricing and condition in any market is key.

April Top Producers for Coldwell Banker Fairfax

Congratulations to The Damon Sells Homes Team for ranking #2 for teams in the Washington D.C. metro region for Coldwell Banker for April and being #4 for teams year-to-date!

Congratulations to The Reef Team for ranking #4 for teams in the Washington D.C. metro region for Coldwell Banker for April and being #14 for teams year-to-date!

Congratulations to Traci Oliver for ranking in the top 1% of sales agents in the Washington D.C. metro region for Coldwell Banker for April and being in the top 1% year-to-date!

Congratulations to Bill Davenport for ranking in the top 5% of sales agents in the Washington D.C. metro region for Coldwell Banker for April and being in the top 6% year-to-date!

Congratulations to Kelly Brocki for ranking in the top 4% of sales agents in the Washington D.C. metro region for Coldwell Banker for April and being in the top 5% year-to-date!

Congratulations to Helen Ross for ranking in the top 7% of sales agents in the Washington D.C. metro region for Coldwell Banker for April and being in the top 8% year-to-date!

Congratulations to Nancy Grasman for ranking in the top 8% of sales agents in the Washington D.C. metro region for Coldwell Banker for April and being in the top 9% year-to-date!

Congratulations to Faye Shelton for ranking in the top 10% of sales agents in the Washington D.C. metro region for Coldwell Banker year-to-date!

Congratulations to Veena Runyan for ranking in the top 6% of sales agents in the Washington D.C. metro region for Coldwell Banker for April!

Congratulations to Sue McClanahan for ranking in the top 10% of sales agents in the Washington D.C. metro region for Coldwell Banker for April!

Congratulations to Tom Pietrucha for ranking in the top 10% of sales agents in the Washington D.C. metro region for Coldwell Banker for April!

Great job!!

March 2015 Real Estate Sales Data for Northern Virginia and Washington DC

March continued to be a brisk month for real estate sales.  Though inventory continues to rise, we have seen some pockets experience multiple offers.  Here are the latest statistics for Northern Virginia and Washington DC.