Market in a Minute

Market in a Minute

Market in a Minute & StatPak September 2019

We profile the most important market indicators every month - contract activity, interest rates, inventory, affordability and direction of the market - in an easy to read and digest summary. It's not just the numbers; it provides context to understand why the numbers are important and what they mean for the future of the market. Published for Northern Virginia, Loudoun County, Washington, DC, Montgomery County and Prince George's County. A quick summary of last month's contract activity is shown below. To see the complete "Market in a Minute" reports for each jurisdiction we cover, click on the corresponding links.

What's The URGENCY Index?

This is simply the measure of the percentage of homes going under contract that were on the market 30 days or less, giving a sense of how quickly buyers feel they must act to put an offer on a home. To see your market's Urgency Index click the link to view the full report.




 

Northern Virginia - September 2019 StatPak with Contract Snapshot from August 2019

CONTRACTS: Contract activity in August 2019 was up 5.3% from August 2018 and was up in five of the six price categories. Through the first eight months of the year, contract activity is down 2.1% The average number of days on the market for homes receiving contracts was just 31 days in August 2019, down from 40 days in August of last year. 

View the complete Northern Virginia September 2019 StatPak Report including Market in a Minute

 

 

Loudoun County - September 2019 StatPak with Contract Snapshot from August 2019

CONTRACTS: Contract activity in August 2019 was up 8.6% from last August and was up in all but the lowest of the six price categories. Through the first eight months of the year contract activity is down just 0.7%. The average number of days on the market for homes receiving contracts was 35 days in August 2019, down slightly from 36 days in August of last year.

View the complete Loudoun County September 2019 StatPak Report including Market in a Minute

 

 

Montgomery County - September 2019 StatPak with Contract Snapshot from August 2019

CONTRACTS: Contract activity in August 2019 was up 8.6% from August 2018 and was up in all six price categories. Through the first eight months of the year contract activity is up 2.2%. The average number of days on the market for homes receiving contracts was 47 days in August 2019, up from 44 days in August of last year.

View the complete Montgomery County September 2019 StatPak Report including Market in a Minute

 

 

Prince George's County - September 2019 StatPak with Contract Snapshot from August 2019

CONTRACTS: Contract activity in August 2019 was down just 0.7% from August 2018 but was up for four of the five price categories. Through the first eight months of the year contract activity is up 1.7%. The average number of days on the market for homes receiving contracts was 40 days in August 2019, down from 42 days in August of last year.

View the complete Prince George's County September 2019 StatPak Report including Market in a Minute

 

 

Washington D.C. - September 2019 StatPak with Contract Snapshot from August 2019

CONTRACTS: Contract activity in August 2019 was almost unchanged, down just 0.1% from August 2018 and was up in three of the six price categories. Through the first eight months of the year contract activity is up 1.8%. The average number of days on the market for homes receiving contracts was 42 days in August 2019, up from 38 days in August of last year.

View the complete Washington, DC September 2019 StatPak Report including Market in a Minute