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Big News for Buyers: Northern Virginia Market Takes a Surprising Turn! October 2024 Market Recap

In this month’s Northern Virginia real estate market update, I’m thrilled to share some good news for buyers! We’re seeing a slight uptick in inventory, giving buyers more options and fewer bidding wars. Condos are leading the way in availability, especially in Alexandria City and Arlington, which has temporarily impacted median sale prices—but don’t be alarmed. Prices for townhouses and single-family homes remain strong, with demand still high across the board. Days on the market have crept up slightly but are still low, and buyers are regaining the ability to keep contingencies in most transactions. This is a great time to explore the market before spring brings a likely surge in activity. I’ve broken down the latest data for Alexandria, Arlington, Fairfax, Loudoun, Prince William, and Stafford counties so you can get a clear picture of what’s happening right now. Whether you're buying or selling, this slower time of year offers unique opportunities in a market that remains competitive. Ready to make your move or have questions? Reach out anytime—I’d love to help you navigate the Northern Virginia real estate market. Don’t forget to like, subscribe, and stay tuned for next month’s update! If you're thinking about making a move to Northern Virginia be sure to give us a call, shoot us a text, send us an email, or schedule a Zoom call. We'd love to help you make a smooth move to Northern Virginia! ⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️ 🤔Thinking of making a move to Northern Virginia? 📝 Let Us Help! 📱 Call or Text: 703-431-3755 📨 Email: [email protected] 📅Free Real Estate Consultation (Zoom or Phone Call): https://calendly.com/amandasdavidson/... ⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️⬆️ ====== ▶Subscribe 👉   / @livinginnorthernva   ====== Ready to upsize but, unsure how to sell your current home and buy a new one? We've got you covered! https://amanda-davidson.myflodesk.com... ====== If this is your first time to this channel, and you want to know everything there is to know about living, eating, sleeping, working, playing, the good, and the bad of living in Northern Virginia, then subscribe▶ and tap the bell🛎 for notifications so you'll never miss a video about the current market in Northern Virginia.😁 We get calls and emails every day from people just like you, looking for help on making their move to Northern Virginia. Whether you are moving in the next couple of months or are just researching the area please don't hesitate to reach out with questions. We're always happy to help you make a smooth move to Northern Virginia. ====== 🔗Get All Your Utilities Connected At Once When You Move! https://www.utilityconnect.net/ADavidson 🆓 FREE Neighborhood Snapshots (no email required): https://bit.ly/3Od0PlW **Most stats and data mentioned came from the following sites and are not based on our opinions: Best Schools: https://www.greatschools.org/virginia/ More About Northern Virginia: https://en.wikipedia.org/wiki/Norther... Census Data: https://www.census.gov/quickfacts/fac... Neighborhood Data: https://www.niche.com *All stats, data, house pricing, and anything else mentioned is always subject to change and is provided merely as an example at the time of this recording* ====== Amanda Davidson is a licensed real estate broker in the Commonwealth of VA Brokered by Real Broker in McLean, Va. Virginia Real Estate License - 0225221517 ====== FTC Legal Disclaimer - Some links found in the description box of my videos may be affiliate links, meaning I will make a commission on sales you make through my link. This is at no extra cost to you to use my links/codes, it's just one more way to support me and my channel! 🙂 #northernva #northernvirginiarealestate #northernvirginia