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October 12, 2016
Elizabeth Ann Kline

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Market Continues Downward Trend in New Listings!

This Week in Springfield, Va 22153

Real Estate info with "Your Favorite Realtor"

Elizabeth Ann Kline  RE/MAX Executives Agent

October 12, 2016


Real Estate Agent Elizabeth Ann Kline Realtor Springfield Burke Lorton Woodbridge Alexandria Glenwood Manor West Springfield Va

Sales stayed firm at 33 homes sold over the last 30 days in the Springfield, Va market. Sellers can expect less competition, however, due to a six-week downward trend in homes coming into the market, now down to 35 for the same period. Prices are rising in Springfield, and the median sales price this period increased from $430,100 to $440,000. There are only two months of inventory available in the Springfield, Virginia real estate market, so it's a definite seller's market, even if sales are flat.

Demographic facts about Springfield, Va 22153:

*The rating for this area for population growth is 59. (Scale: 1 = Worst, 100 = Best)
*For every 100,000 people there are 346.6 physicians.
*The health cost index score in this area is 100.2. (100 = national average)
*The breakdown of residents commuting to work is 69.3% by car, 14.1% by carpool, and 9.7% by public transit.

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