September 2016

Springfield, VA - Condo & Coop

In Springfield, VA, the median sold price for Condo & Coop properties for September was $265,000, representing an increase of 12.9% compared to last month and an increase of 33.2% from Sep 2015.

The average days on market for units sold in September was 22 days, 37% below the 5-year September average of 35 days.

There was a 44.4% month over month increase in new contract activity with 13 New Pendings; a 27.3% MoM increase in All Pendings (new contracts + contracts carried over from August) to 14; and a 5.3% decrease in supply to 18 active units.

Karrina Taylor Brown
Karrina Taylor Brown
Associate Broker
8442 Old Keene Mill Road Springfield VA 22152