My Real Estate Blog

An exciting week in real estate! The Spring market is officially here even though it usually starts the week after Easter. I am saying this based on this week's numbers. We had 15 new listings come on the market - that is truly a Spring number. Four of those listings were mine and a big "You did it" goes to the sellers for working so hard to get their homes to shine for their new buyers. To see the new listings, click http://mrislistings.mris.com/Matrix/Public/Portal.aspx?ID=35819910655. They are all seller sold homes. We are now up to 45 single family homes for sale - a net up of 3 - so it continues to creep up so now we will see where it maintains itself. We usually are in the 80s or 90s by now in a more normal Spring market with homes selling in a 30 to 60 days window. The BIG news is 10 homes sold - that is definitely a Spring market number. They were all seller sold homes and two of them were mine - the one on Wrexham and the one on Magna Carta. The listings had been on the market 8 and 13 days and they both got 2 contracts on them. I was also involved in the one on Viking Court - backing up the agent that was out of town and it also had 2 contracts and was on the market 20 days. Spring market normally carries itself to the end of May. The market had numbers last year of 8 to 12 selling a week. To see the ones that sold this week - click, http://mrislistings.mris.com/Matrix/Public/Portal.aspx?k=524916XJRPL&p=DE-105105379-5. Enjoy the nice weather and come see the 4 beautiful homes that I have open - 2520 Fallon Drive, 12558 Quincy Adams, 12701 Coronation, and 2592 John Milton - all in Oak Hill-Herndon.

Posted by Angela Mitchell on March 20th, 2010 9:05 AMPost a Comment (0)

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