Market Watch for Virginia

The start of 2012 brings with it a new start, a fresh outlook and revitalized hope for a recovering economy and housing market. Everyone is looking forward to the future and the light at the end of the tunnel.
2011 ended on a strong note for the real estate market. The rest of the year remained somewhat flat for most regions. In many markets, sales and prices remained fairly steady, neither depreciating nor appreciating significantly year over year when compared to 2010. That’s not necessarily bad news.

Flat means that prices and sales have stabilized in many regions. Though sharp surges in growth were nonexistent, the steep decline that the industry began to experience in 2007 has slowed significantly or has ended completely in the majority of markets. In some communities, Coldwell Banker Residential Brokerage saw a rise in home sales and prices, bidding wars, and overall improvement.

Click your local area to see where the market ended in 2011. 

Market Watch for Prince William County                                   

Market Watch for Alexandria

Market Watch for Culpeper

Market Watch for Arlington

Market Watch for Fairfax

Market Watch for Fauquier

Market Watch for Loudoun

Market Watch for Stafford