The above graphs show the days on the market and the listing prices for the 87 detached homes in zip code 22301 that have been on the market in some fashion within the past 90 days (as of today, June 26, 2013).
Actually, there were 91 detached properties that are either active, under contract, sold, withdrawn, or have in some other way been on the market within the past 90 days. I left off only 4 properties because they had days on the market in excess of 180 days. I don't consider that they are really on the market if they have been on the market over 180 days (6 months) and still haven't sold when most properties are on less than a week.
The most popular price range is between $600,000 and $700,000, so if you plan to buy in this price range, you can see that you need to be ready and move quickly.
Please email me at kay@kayblemker.com with your comments, questions, or for more information. If your zip code is not 22301, I would be glad to do a similar and more detailed analysis to show you what is happening in your neighborhood with your type and style of home. Thanks!
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