Anonymous
03/29/2025 10:13
Subject: How is the spring close-in DMV housing market looking like?
Anonymous wrote:Anonymous wrote:20815-Somerset. Houses under $2M are going quickly and multiple offers. The over $3M market is not moving
Except for the 3.3 one that just did. There was a 2.9 recently too.
The $3.3 was off market and the $2.9 was after multiple price drops and wasn’t over $3M.
Anonymous
03/29/2025 09:55
Subject: How is the spring close-in DMV housing market looking like?
Anonymous wrote:I've heard from a couple of agent friends that many buyers are bidding against themselves right now. Seller's agents are claiming that there are multiple offers, or at least acting as though there are, and buyers gladly are coming up on initial offers. Thus, many houses selling for above ask are not a scenario where there were multiple offers; just dumb buyers.
No that would be idiotic real estate agents representing the buyers. You always request to see proof of other offers afters yours is accepted.
Anonymous
03/29/2025 09:53
Subject: How is the spring close-in DMV housing market looking like?
I've heard from a couple of agent friends that many buyers are bidding against themselves right now. Seller's agents are claiming that there are multiple offers, or at least acting as though there are, and buyers gladly are coming up on initial offers. Thus, many houses selling for above ask are not a scenario where there were multiple offers; just dumb buyers.
Anonymous
03/29/2025 09:34
Subject: How is the spring close-in DMV housing market looking like?
Anecdotally in upper NW, things are going into pending status quickly but actual closings seem to be taking longer than normal.
So far, they have all closed, so things aren’t falling through…but I wonder if the days of waving inspections and what not are over (for now).
Pricing is all over the map…a $2.8MM house sold in 48 hours while a $1.4MM listing took three weeks.
So far, they have all closed, so things aren’t falling through…but I wonder if the days of waving inspections and what not are over (for now).
Pricing is all over the map…a $2.8MM house sold in 48 hours while a $1.4MM listing took three weeks.
Anonymous
03/29/2025 08:27
Subject: How is the spring close-in DMV housing market looking like?
Anonymous wrote:Anonymous wrote:Actual anecdotes only please, with rough location details
Arlington
- condos are buyers market
- townhouses are okay
- single family under $1.5M strong demand
- single family $1.6-$2m good
- single family $2.1M-$2.7M okay
- single above $2.8M weak
Can you please explain how MR thinks he can get $3.6m for a regular house?
Anonymous
03/29/2025 08:22
Subject: How is the spring close-in DMV housing market looking like?
Anonymous wrote:Anonymous wrote:Actual anecdotes only please, with rough location details
Arlington
- condos are buyers market
- townhouses are okay
- single family under $1.5M strong demand
- single family $1.6-$2m good
- single family $2.1M-$2.7M okay
- single above $2.8M weak
That is not what I’m seeing in Arlington. There’s little inventory. Overall, everything listed getting a contract within 2-3 weeds - townhouses and homes under 2.5 within a week, 3M within 4 weeks. Condos under a mil within 2 weeks.
Anonymous
03/29/2025 07:38
Subject: How is the spring close-in DMV housing market looking like?
Demand > supply. Nothing else matters
Anonymous
03/29/2025 07:32
Subject: How is the spring close-in DMV housing market looking like?
Surprisingly stout given all the uncertainty
Anonymous
03/29/2025 03:25
Subject: How is the spring close-in DMV housing market looking like?
Anonymous wrote:Anonymous wrote:All sold in first few days over ask. I am close in and RTO is heating up market.
Hopefully not a fed RTO - who would buy close in when they could lose their job any day?
Exactly what I was thinking.
I feel like the people buying now have been looking for a while already. I think the number of buyers is going to dwindle as folks hold tight to see what happens over the next few years.
Anonymous
03/29/2025 01:38
Subject: How is the spring close-in DMV housing market looking like?
Anonymous wrote:Well there's this house - paint everything white, then try to sell for $350K more than you bought it for four years ago. They didn't do anything except paint the brown things white and change out some lighting.
https://www.redfin.com/VA/Falls-Church/2414-Lexington-Rd-22043/home/9478377
Fairfax Co Falls Church with weaker schools but in nice neighborhood. Will sell
Anonymous
03/29/2025 01:34
Subject: How is the spring close-in DMV housing market looking like?
Anonymous wrote:Actual anecdotes only please, with rough location details
Arlington
- condos are buyers market
- townhouses are okay
- single family under $1.5M strong demand
- single family $1.6-$2m good
- single family $2.1M-$2.7M okay
- single above $2.8M weak
Anonymous
03/29/2025 00:16
Subject: How is the spring close-in DMV housing market looking like?
Anonymous wrote:20815-Somerset. Houses under $2M are going quickly and multiple offers. The over $3M market is not moving
Except for the 3.3 one that just did. There was a 2.9 recently too.
Anonymous
03/28/2025 23:58
Subject: How is the spring close-in DMV housing market looking like?
Anonymous wrote:All sold in first few days over ask. I am close in and RTO is heating up market.
Hopefully not a fed RTO - who would buy close in when they could lose their job any day?
Anonymous
03/28/2025 23:50
Subject: How is the spring close-in DMV housing market looking like?
20815-Somerset. Houses under $2M are going quickly and multiple offers. The over $3M market is not moving
Anonymous
03/28/2025 22:40
Subject: How is the spring close-in DMV housing market looking like?
Shopping in Arlington and seeing that the bulk of houses for sale are ones that the owners purchased less than four years ago. And I understand why they’re moving — the houses have significant flaws and they can nonetheless bank a healthy profit. Buyers don’t seem to care that the prior owners want to get out after only a few years.