The market is seeing an upturn in the last 30 days... We have seen multiple offers in all different prices... Here is a recap of last week:

A buyer in Prince William County looking at a small split foyer with a sales price of $270,000 went under contract after multiple offers. The home was located in an area called Lake Ridge of Prince William County.

 

A buyer in Fairfax County attempting to buy an REO (Real Estate Owned) or foreclosure home had to compete with multiple offers for a townhome in Fair Ridge. This townhome was listed at $385,000 and did not have a refrigerator.

 

A buyer in Arlington County found a unique home located in South Arlington in Crystal City. It was listed at $850,000 and also had multiple offers.

 

 

      There is 1 COMMON THREAD with all of these homes that received multiple offers. They were all listed at or below market price. When homes are aggressively priced they will typically sell in the first 2 weeks. To learn how to purchase a home and WIN against other offers or price your current home to receive multiple offers contact The Nellis Group today.

 

 

 

 

 

*Pictures courtesy of MRIS