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Tim Trainum Properties
"Delivering a Preferred Experience in Real Estate!"
REALTOR®, VA License #0225235004
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English
November
18

by

Northern Virginia Housing Market Has Proved Incredibly Resilient
This is clear from the two infographics above. One shows April activity and the other is October. To be sure, the pandemic has produced volatility. April activity was well down across the board in Northern Virginia due to the stay-at-home orders. Buyer showings were down 54% at their lows in early April compared to 2019. All activity snapped back in July as the economy re-opened and moved higher each consecutive month. Through October, almost exactly the same number of homes have been sold as 2019 (43,880 in 2020 compared to 43,985 in 2019).

Top 5 Things to Know About the Northern Virginia Housing Market
  1. Housing is one of the top-performing sectors in our region and nationally during 2020.
  2. Single-year appreciation in home values have been brisk in 2020 (up 9%), but this is well below the 15% year-over-year appreciation experienced from 2000-07 that produced a housing bubble. Since 1943, appreciation in Northern Virginia home values has averaged 5.1%.
  3. The 9% appreciation in 2020 is more than abated by the 23% fall in interest rates. Rates have fallen 85 basis points in the last year from 3.60 to 2.75% producing a net positive purchasing power to buyers in terms of a net mortgage payment.
  4. Buyer Opportunity: Listings & Homes Sold are on pace to exceed 2019. Rates sit at all-time lows and there are more homes available to purchase.
  5. Seller Opportunity: Sellers are selling into strength and netting record equity spreads.

"My overarching objective is to be an advisor and value provider. I work to become the conduit of information to help consumers make the most informed decisions possible. I just happen to also have a real estate license." - Tim Trainum

Categories: Buyers
Tim Trainum Properties
Tim Trainum Properties
  • 43777 Central Station Drive
  • Suite 390
  • Ashburn, VA 20147

Office: (571) 386-1075 Cell: (703) 568-6750 Email Me
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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/26/2026. The listing information on this page last changed on 05/26/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Bright MLS (last updated Tue 05/26/2026 12:36:40 AM EST) or (last updated Tue 05/26/2026 3:46:28 AM EST). Real estate listings held by brokerage firms other than Delta Agent Sites may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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