Downward Trend in New Listings!

Springfield - West Springfield - Burke - Lorton - Woodbridge - Alexandria, VA and Beyond...

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This Week in Springfield, Va 22153

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Elizabeth Ann Kline  RE/MAX Executives Agent

Sept 21, 2016

September 21, 2016
Elizabeth Ann Kline


Elizabeth Ann Kline                           Real Estate Agent - Realtor - Springfield 22153 - Burke 22015 - West Springfield 22152 - VA - Fairfax County Virginia

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The Springfield, Virginia 22153 real estate market might be slowing in the coming weeks. Sales fell this week to 46 homes sold over the last 30 days, and there is a new downward trend in the number of new listings, with 32 going live in the same time frame. The median sales price rose to $496,000, up from last week's $480,000. There are only two months of inventory available in the 22153 zip code, so it's a solid seller's market, even with the decrease in sales.

Demographic facts about Springfield, Va 22153:

*The current population is 31,117.
*The property tax in this area is $10.67/$1,000.
*Here are some of the distributions of commute times for the area: <15 min (10.8%), 15-29 min (26.8%), 30-44 min (31.3%), 45-59 min (18.2%), >60 min (12.9%).