The Evers & Co. April 2012 Real Estate Report
The brisk spring market heated up in April in the close-in Metro area. The dollar volume of sales increased 13% over the previous year, and the average price went up 5% over April 2011. The area showing the biggest increase was Arlington with a huge 38% increase in dollar volume of sales and an 18% increase in price over the previous year.
Of the hot real estate market areas, Arlington offers many walkable neighborhoods with good Metro access, at slightly (for now) lower prices than NW Washington and lower Montgomery County. It also has many neighborhoods with smaller houses that serve as perfect first time homes for young people moving up from their first condo or rental apartment.
Numbers show most of the greater Metro-area marketplace doing better than last year, and with the existing strong momentum, this should continue into summer.
*Statistics are taken from the Metropolitan Information System for three areas: Washington, D.C., Montgomery County, Maryland; and Fairfax County, Arlington, and Alexandria in Virginia.
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Archive: 2010
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Archive: 2011
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Archive: 2012
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The Evers & Co. April 2012 Real Estate Report
The brisk spring market heated up in April in the close-in Metro area. The dollar volume of sales increased 13% over the previous year, and the average price went up 5% over April 2011. The area showing the biggest increase was Arlington with a huge 38% increase in dollar volume of sales and an 18% increase in price over the previous year.
Of the hot real estate market areas, Arlington offers many walkable neighborhoods with good Metro access, at slightly (for now) lower prices than NW Washington and lower Montgomery County. It also has many neighborhoods with smaller houses that serve as perfect first time homes for young people moving up from their first condo or rental apartment.
Numbers show most of the greater Metro-area marketplace doing better than last year, and with the existing strong momentum, this should continue into summer.
*Statistics are taken from the Metropolitan Information System for three areas: Washington, D.C., Montgomery County, Maryland; and Fairfax County, Arlington, and Alexandria in Virginia.
|
Archive: 2009
|
Archive: 2010
|
Archive: 2011
|
Archive: 2012
|