Confidence in the Real Estate Market is Building in Arlington Virginia
November 18th, 2008 Categories: Arlington Dirt, Home Buying, Home Selling, Market Stats
OK, so if you’re a regular reader, you’ve figured out by now that each week I will report to you the number of contracts written/ratified for the previous week – I am here to tell you, we had a big week last week!
Yes, that’s right! 46 contracts were ratified last week – with 1 exception, that’s the biggest week we’ve had since August (we did have a week late September/early October when we had 47). There were about as many single family homes as condos with a few townhouses and duplexes tossed in – there were properties that sold in 1 day, and in fact 6 sold un under a week, and 11 sold in under 2 weeks. There was actually one condo that had been on the market a total of 1,289 days. YIKES… I would NOT want to be that owner or agent!
If you’d like to discuss placing your home on the market OR if you’re thinking of beginning a search, I’d love to hear from you.
Happy Tuesday
Jennifer
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Hello Jennifer, Sounds like you had a great week. In Chattanooga, we are also having a pretty good couple of months. We have learned how to adjust to the Shift in the Market and working hard for our buyers and sellers. Keep up the great work.
David