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Posts Tagged ‘Weekly Market Update’

DMV Weekly Market Update: September 16, 2024

New listings are on their way as we prepare for the FED to make news this week. Total available listings are up 3.1% from last week and get this, Months of Inventory rose 11% since last week. So as these new listings are comin...

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Matt Cheney Washington DC Realtor

DMV Weekly Market Update: September 9, 2024

Wowsers! We have over One Thousand new listings this week. That’s an 82.2% jump over last week’s new listings and a 13.5% jump in total active listings. Hey buyers!! Did you hear that?! The fall selling season is here. ...

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Matt Cheney Washington DC Realtor

DMV Weekly Market Update: September 2, 2024

Happy Labor Day! As we close out the summer vacation season, we’ve seen inventory contract (-6.8%). We liken it to a “burning off” of listings remaining from the Spring market and a pause of new listings as folks prep for g...

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Matt Cheney Washington DC Realtor

DMV Weekly Market Update: August 26, 2024

Time for Back to School! MoCo & DC Public Schools are back in session today and Fairfax started last week. We are seeing a small contraction (-4.6%) in new listings as folks take a pause for the end of summer vacations but sh...

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Matt Cheney Washington DC Realtor

DMV Weekly Market Update: August 19, 2024

Hello DC! The market held since last week. New listings matched closely with last week’s numbers and supply shows signs of a slower pace for houses to go to contract. We expect an uptick in listings and the pace of sales as we ...

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Matt Cheney Washington DC Realtor

DMV Weekly Market Update: August 12, 2024

Happy New Week! On the real estate front we saw a contraction of new listings (-9.23%) since last week. Total inventory held solid though. Giving us a slower pace to sales that we do not expect to last long as mortgage rates ...

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Matt Cheney Washington DC Realtor

Weekly Market Update: August 5, 2024

Morning folks. Today’s report is the opposite of last week’s report. Inventory shot back up (9.83%) and the supply/demand equation dropped (-10.05%). On top of that interest rates came down late last week to levels not see...

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Weekly Market Update: July 29, 2024

As we close out July, we see a drop (-15%) in new listings and an increase (9.25%) in months of supply since last week’s report. In simple terms we are seeing the seasonal slowdown in new properties being offered for sale and a...

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Matt Cheney Washington DC Realtor

Weekly Market Update: July 22, 2024

Summer sales are in full swing. We have had another strong week of new listings with 766 properties hitting the market since last week. Also, in case you hadn’t heard the FED is signaling easing rates as early as September. ...

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Matt Cheney Washington DC Realtor

Weekly Market Update: July 15, 2024

New listings jumped 111.11% since last week. Wow! More inventories should spur more transactions for both buyers and sellers. Also, of note, mortgage rates have adjusted down as of late to a five-month low. All good develop...

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MD 582148
VA 0225101950