NORTHERN VIRGINIA

HOUSING INVENTORY STATISTICS for
NORTHERN VIRGINIA
MARCH 2021

You will not find this information anywhere else. Median sale price of homes by Zip Code and City. Data from MLS. Prepared by TOBIN SEVEN, Principal Broker / Army Veteran.
TOBIN SEVEN, Principal Broker, Army Veteran.
Licensed in Virginia, Maryland and DC. Eagle Scout
SEVEN REAL ESTATE ASSOCIATES
Veteran Owned and Operated. 
Cell (703) 327-6800
Past monthly Housing Stats (for VA, MD & DC) can be found at: www.DMVhousingStats.com
Tobin's website: www.SoldBySeven.com
Information you may find of value, Wall Street Journal TAX GUIDE 2021. 59 pages with latest on pandemic changes, taxes on remote work, and more. The Wall Street Journal publishes a Tax Guide every year for their subscribers. Latest tax information for filing your 2020 tax year return. Click here to download.
Tobin's note: You would have to save $2,767 a month ($33,200 total) to buy same home you saw 12 months ago. 6.5% annual increase. WOW!

Why wait to buy? See statistics below that confirm the $33,200 increase in median home price in past 12 months
See chart below:
NORTHERN VIRGINIA (see below) has a 5-year LOW inventory of homes for sale.
See "gold" and "orange" dials below. SUMMARY: SELLER's Market.

See screen shot below. Amazingly home interest rates have gone down and are at the lowest rate in the past 60-days. Information is from Freddie Mac---which is the best source for home interest rates. If you are thinking of buying---what are you waiting for?
See chart below---by Zip Code and Corresponding City
The 104 zip codes/communities in NORTHERN VIRGINIA saw a 6.5% increase in home sale median values in past 12 months, Median price of homes went UP from $514,300 to $547,500. WOW!
Due to COVID-19, do you work from home? See chart below. Interesting data on those who work from home.
Due to lack of inventory of homes for sale---overall sales today are less than they were four year ago. See chart below. One of the reason for 9% median annual price increase in homes sold.
See chart below. Median price of homes in NORTHERN VIRGINIA rose by 6.5% in past 12 months. Homes are staying on market for 5 days. This a a 16.7% drop in number of days "ON MARKET" in past 12 months.
Past monthly, Housing Stats for Northern VA, Maryland and DC can be found at: www.DMVhousingStats.com
Website dedicated to Veterans, Active Military and their Families. Valuable information about Home Ownership---BUYING a Home and SELLING a house. In the Northern Virginia, Maryland and Washington DC areas.
New SPRING edition. See below. 24-page FREE booklet on important things to consider when BUYING a home. Click here to download pdf 24-page booklet. Download is safe.
New SPRING edition. See below. 20-page FREE booklet on important things to consider when SELLING a house. Click here to download pdf 20-page booklet. Download is safe.
Regards,
TOBIN SEVEN, Principal Broker (Realtor) / Army Veteran --- Licensed in Virginia, DC and Maryland. Eagle Scout.
SEVEN REAL ESTATE ASSOCIATES LLC is Veteran Owned and Operated.
Voted Top 8% of all Real Estate Agents in USA (2021 - 2018)
Cell: (703) 327-6800
Website: www.SoldBySeven.com,