Carol Ellickson - TTR Sotheby's International Realty

August already! 

☀️ Demand for single family homes was slightly lower across Northern Virginia, sales were down 9% in June
☀️ The inventory of homes for sale tightened bit with 4% less listings on the market vs the previous year
☀️ Overall, demand continues to outpace supply, single family home prices rose 8% to $1,008,000.

Please come see this gorgeous home - inside and out - in the highly desirable Balmoral neighborhood in historic Clifton.

Open SATURDAY 2-4.

🔵 Single family home sales were slightly higher across Northern Virginia, up 3% in May
🔵 The inventory of homes for sale is beginning to loosen, there were 9% more homes for sale this May vs the previous year
🔵 Demand continues to outpace supply, single family home prices rose 15% to $1,050,000.

June is busting out all over…🎶

🏠 Single family home sales increased 13% year over year
🏠 The inventory of homes for sale has been improving, up 5% last month
🏠 Single family sales prices continue to rise, reaching the $1million milestone for the first time

Happy May Day! 🪻

Private showing today of this beautiful home.
Know anyone interested in buying? 🏠

740 Leigh Mill Rd Great Falls, Virginia, 22066 United States Learn more about 740 Leigh Mill Rd, Great Falls, Virginia. Browse property details, browse photographs, and more. Schedule your tour of 740 Leigh Mill Rd, Great Falls, Virginia today.

🌷Single family home sales were slightly lower across Northern Virginia, down 12%
🌷The inventory of homes for sale remains near a five-year low, there were 18% less homes for sale this March vs the previous year
🌷Due to limited inventory, single family sales prices continue to climb, up 9% in March to $985,000

Happy April!

March already! Enjoy!

❄️ Single family home sales were slightly lower across Northern Virginia, down 9% in January
❄️ While the inventory of homes for sale is expected to loosen this year, there were 16% less homes for sale this January vs the previous year
❄️ Due to limited inventory, single family sales prices continue to climb, up 12% to $922,000

😊🏠🌟

Nice little info-graph showing national real estate activity. It's nice to compare to our local market. But remember all real estate is local.

Let's debunk the myths and unlock the truth about home buying together! 🏡✨
Don't let misconceptions hold you back. Ready to separate fact from fiction? Contact me today, and let's start the journey to your dream home armed with the right knowledge and confidence!

🌟 Inventories of homes for sale will remain historically low, but are expected to increase 8% from 2023
🌟 Combined with pent-up demand, sales are forecasted to increase 11%
🌟 Mortgage rates will continue to decline throughout the year, ending 2024 around 6.2%
🌟 Home prices will remain stable, increasing moderately by 1-2%

🎄 Single family home sales were slightly lower across Northern Virginia, down 7% in November
🎄 The inventory of homes for sales is down 24% from 2022, as sellers remain reluctant to give up their existing low mortgage rates
🎄 Due to limited inventory, single family sales prices continue to climb, up 7% to $905,000

Can you believe that December is here?! 🎄Some wonderful local events…

Something to think about …

In 1971, the interest rate for a mortgage was 7.33% (for my first home in 1979 it was 14%).
If you waited for interest rates to go down, you wouldn’t have purchased a home until 1993. You would have rented it for 22 years waiting for rates to go down.
Meanwhile, the value of real estate quadrupled.

Don’t wait to buy real estate. Buy real estate and wait.

Marry the house, date the rate. 

Washington DC area MLS data for October...

assets.ctfassets.net

🔹Single family home sales continue to be lower across Northern Virginia, down 13% in October
🔹The inventory of homes for sales is down 25% from 2022, as sellers are reluctant to give up their existing low mortgage rates
🔹Due to limited inventory, single family sales prices continue to climb, up 6% to $910,000

🌟 Eight years ago, I joined TTR Sotheby’s International Realty, a company that embodies true excellence, not just in business, but in life. 
At that time, I wasn’t sure what the future would hold. I could not have made a better move. I am surrounded by the most professional and helpful colleagues, who I can call friends. 🌟

It’s November already! We are closing in on Thanksgiving soon. 
🥧🍁🦃

🔷 Single family home sales continue to be lower across Northern Virginia, down 17% in September
🔷 The inventory of homes for sales is down 23% from 2022, as sellers are reluctant to give up their existing low mortgage rates
🔷 Due to limited inventory, sales prices continue to climb (up 5%)

🟦 Single family home sales were down 20% in July across Northern Virginia; however prices continue to climb (up 4.5%)
🟦 The inventory of homes for sales is at the lowest point since 2016, down 35% from 2022, as sellers are reluctant to give up their existing low mortgage rates
🟦 Due to low inventory, homes still sold relatively quickly in July with an Average Days of Market of 16 days