South Riding Weekly Update 8/30/09- 9/6/09
By Mark Murad, Virginia Realtor-Loudoun/Fairfax/PW (703)623-7626
(Samson Properties)
SUMMARY The current inventory level for South Riding decreased to 25 active listings this is about a 22% decrease. With 2 new listings and 6 homes which went under contract last week, receiving contracts with an average 47 days on the market while the 4 homes sold and went to record last week did so with an Average DOMP of 80 days netting an average of 96.1%. Looking back over the past 5 weeks of sold homes the average net to list price has been 96.1%, 98.3%, 99.9% 101.7% and 97.1% for an average of 98.6%, over the last 5 weeks. Click here for entire post...
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