Ratified Contracts Are The Pulse of Our Market

We are following and tracking for everyone what exactly is going on in our NOVA real estate market. The numbers can't lie.

The best way to track how our NOVA market is doing, is to track Ratified Contracts. Not new listings or sold properties, but properties that are under contract. This lets us know where the buyers are buying and how each city is doing. We will track these at the first of each month and update them here on our website.

November 1, 2010 - Ratified Contracts

Ratified contract continue to go up, which means our market is holding steady. More buyers in October vs September. With interest rates creapy closer and closer to 4% , Alot of people are buying. This is a win win for both buyers and sellers.

486 - Alexandria +5 (since last month)
302 - Arlington - 0
290 - Alexandria City +34
240 - Fairfax -8
221 - Centreville -5
207 -Springfield -3
217 - Falls church +12
158 - Reston +7
146 - Herndon +5
121 - Vienna +8
93 - Mclean +3
95 -Burke +23
57 - Chantilly +11
39 - Oakton -3
50 - Fairfax City +10
23 Falls Church City +4


2,642 Ratified Contracts vs 1,310 Sold from 9/1/10-9/30/10

2,745 Ratified Contracts vs 1,083 Sold from 10/1/10-10/31/10