The D.C. area housing market has not seen the traditional lull in activity that generally comes with fall. Homes are selling at a record pace and, in many areas, at record prices. That includes Northern Virginia.
The region represented by the Northern Virginia Association of Realtors, which includes Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton, reported nearly $1.5 billion in residential real estate sales in September, a 58% increase over last September, with 2,166 homes sold last month.
“This is truly a staggering sales volume for one month and speaks to the favorable market conditions in Northern Virginia,” said Nicholas Lagos, president of the Northern Virginia Association of Realtors.
Click here to read the rest of the article written by Jeff Clabaugh over at WTOP
