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Reply to "Very little inventory in desirable areas"
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[quote=Anonymous]According to the Washingtonian, the two most expensive zip codes in the area in 2013 were in Fairfax County (22066 and 22101) and 18 of the 26 zip codes where homes averaged less than 10 days on the market were in NoVa, with 14 in Fairfax. There were no such zip codes in 2012. So if you're priced out of NoVa or can't move quickly enough, Maryland and DC seem like the better alternatives these days. It's interesting, though, that some of the less "desirable" areas in Maryland and DC are now seeing some of the fastest appreciation. So while some people sit on the sidelines and complain about the lack of inventory in the areas where they think they deserve to live, others are buying and reaping gains, at least on paper. Ten most expensive zip codes (four in Virginia, four in Maryland, two in DC): Great Falls/22066 McLean /22101 Potomac/20854 Georgetown/20007 Chevy Chase DC/20015 Bethesda/20816 Bethesda/20817 North Arlington/22207 Vienna/22182 Chevy Chase/20815 [/quote]
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