It’s a good time to sell a home. For buyers, there are fewer options on the market.
A total of 540 homes were sold in November 2019, an increase of 16.8% compared to November 2018. The number of new pending contracts increased by 11% year-over-year, from 554 pending to 615, the Prince William Association of Realtors told me.
New listings continued to see a decrease of 12.7 percent year-over-year, from 614 new listings to 536. And, there were considerably less active listings available this year with 747 active listings in November 2019, compared to 1,204 in 2018, it adds.
The median sold price of homes continued to strengthen in November, increasing 4.3 percent to $365,000 as compared to $350,000 last year.
“Buyers are competing for homes, paying closer to the asking price and getting fewer concessions,” said C.C. Bartholomew, associate broker for Keller Williams Solutions near Manassas.
But the good news isn’t all for sellers.
“It’s a great time for homeowners to sell and the most affordable time for buyers to purchase,” adds Bartholomew.
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I will speak at the Haymarket Small Business Roundtable on Tuesday, February 25, 2025, at 9 a.m. at the Hilton Garden Inn. This is a fantastic opportunity for local entrepreneurs, business owners, and community members to connect, share insights, and discuss the future of small businesses in our area.
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A Night on the Riviera
Experience a magical evening at the Embassy of France with A Night on the Riviera, an event that will transport you to the glamour of the French Riviera while celebrating the vibrant spirit of Mardi Gras!
Indulge in an exquisite selection of French wines and champagne, paired with the finest French cuisine prepared by the talented Chef of the Embassy of France. Additionally, Chef Hugh Cossard will be carving ham live, ensuring freshness and exceptional flavor. Don’t miss out on the authentic French crêpes, made to order and sure to transport you straight to the streets of Nice.
For those seeking an extra touch of exclusivity, the VIP experience includes unlimited champagne, adding an extra layer of sophistication to this festive celebration.
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Travel to French soil and join us for a night filled with two of the most beloved French traditions—no plane ticket required! ?
On January 25th, we invite you to experience the magic of Galette des Rois, a 700-year-old tradition celebrated across France throughout the entire month of January (and even beyond!). This sweet, almond-filled puff pastry topped with a golden crown isn’t just a treat—it’s a celebration! The lucky person who finds the fève (a porcelain charm hidden in one of the slices) becomes the King or Queen for the Day, and don’t worry—there will be plenty of royalty to go around! ??
But that’s not all! In France, Les Voeux (New Year’s wishes) continue throughout January, often accompanied by Champagne and good cheer. We’re bringing that festive spirit to you, with a lively evening packed with French food, wine, and music.
What’s in store:
(Webinar) Diet & Dementia: Brain-Healthy Tips to Reduce Your Risk…
Did you know that your food choices can impact your risk of developing dementia?
Kick off National Nutrition Month with an educational discussion on Wednesday, March 5 at 12 PM EST with Sunday Health dementia neurologist Dr. Sara Doyle and