Quarterly Rundown - September, 2023
Local Market Update: DC Metro Region
Real Estate by the Numbers: What the Statistics Reveal About Our Local Market.
These numbers show that while the market has seen a decline in activity, it remains strong with homes still selling for top dollar. Let us help you navigate the market and come up with a plan for your real estate needs!
Units Sold - 29,804, 25.75% decrease from 2022
Sold Volume - $20,690,047,544, 23.60% decrease from 2022
Avg Sold Price - $699,952, 1.20% increase from 2022
Sold Volume - $20,690,047,544, 23.60% decrease from 2022
Sterling Spotlight
The Cascades Farmer’s Market is a local highlight, and is open through November. It’s a wonderful opportunity to enjoy local produce and treats this fall season!
Their mission is to promote local, sustainable and organic agriculture, increase economic opportunities for farmers and small food businesses, to offer experiential learning about and access to healthy local foods, and to build a vibrant gathering place for residents and visitors.
Check out the wonderful array of local vendors every Sunday from 9am - 12pm.
𖡡 21060 Whitfield Drive Sterling, VA 20165 (Parking lot of the Senior Center)
Brambleton Spotlight
Fall Fest, Brambleton's largest event of the year has something for the whole family to enjoy. There will be rides, live music, food trucks, beer and wine, and more! It’s the perfect opportunity to celebrate the season with family and friends.
Mark your calendars for this fun-filled afternoon:
Saturday, October 7th from 1:00pm - 6:00pm
𖡡 Evergreen Mills Road - Event Field
Market Update: The summer Real Estate market is behind us and our Fall market is in FULL swing!
“We know that the ‘lazy days of summer’ can be tough on the market, but things are looking up as the season changes. Fall brings new opportunities for both buyers and sellers, so let's get excited!
For buyers, the Fall market is a great time to jump in because you don't have to compete with the rush of buyers that typically happens in the Spring.
Plus, with prices still high due to low inventory, you don't want to wait too long and risk missing out. And don't let the current interest rates scare you! We can explain why and help you navigate the market.
For sellers, the low inventory means that prices are likely to remain high, so it's a great time to sell. But if you're considering it, don't wait too long - serious buyers are on the hunt and we expect competition to increase as interest rates potentially drop.
So, let's chat and explore your options! We're here to help and guide you through this exciting time in the market.”