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Tim Trainum Properties
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Posts from September 2022

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English
September
19

by

Home Prices Trend Down in August
August Prices Fell 3.9% from July: The median home price in Northern Virginia softened by another 4% in August after hitting a new high of $660,000 in May. All major sub-markets in Northern Virginia declined in price between 2 to 4%, except Arlington which declined 13%. It should be noted Arlington can experience unusual price volatility given the instance of tear-downs and new construction. New construction can skew numbers at times.

Even with the recent softening in prices...

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

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