Is this a sellers Market?

www.WoodbridgeVARealtor.com 571-285-4319
Claudia S. Nelson Realtor with Keller Williams Realty

Is this a Sellers Market in Woodbridge / Dumfries  Virginia?

Let's examine the Facts:

Currently there are is a limited inventory of homes for sale. There are several reasons for this:

• Fewer Foreclosures and Short Sales
• Sellers that would like to sell but bought at the highest point of the market might not have enough equity in the home to sell
• Sellers are waiting for the market to move higher

There are more buyers then sellers

• Showing a home and there are 3 other Realtors showing at the same time you know it's a hot market
• A Townhouse in Old Bridge Estate, Woodbridge receives 16 offers. The home was priced below the competition.
• Another Townhouse in Old Bridge Estate, Woodbridge that was priced right, was a regular sale, in good condition also received multiple offers
• And last but not least a townhouse in Old Bridge Estate, Woodbridge that was priced on the very high end compared to rest of the market received two offers after only 5 days on market
• The same is going on all over Northern Virginia. I was showing homes in Alexandria and making an offer for my client and sure enough we were competing with other offers

Homes are selling quickly 

• Homes that are priced right will sell quickly 
• Buyers are competing against each other

So coming back to my original question is this a sellers market? Definitely yes. Homes that are priced right , in good condition and are in desirable locations will move quickly. 

If you are thinking about selling your house call me today to schedule a free consultation. 571-285-4319

I live and work in Woodbridge Virginia and service all of Woodbridge Virginia and surrounding area.

Find out what’s for Sale in Woodbridge Virginia: Click here

About the author: The above Real Estate information on Is this a sellers Market? was provided by Claudia S. Nelson, an award winning Real Estate Agent with Keller Williams Realty in Woodbridge Virginia.  Claudia can be reached via email at Claudia@VARealEstateExperts.com or by phone at 571-285-4319. Claudia has helped countless Northern Virginia Home Buyers and Home Sellers over the past Years.

Thinking of selling your home? I have a passion for Real Estate and love to share my marketing expertise!