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Residential’s Subtle Shift | Northern Virginia Real Estate

July 17, 2011 By Doug Francis

Although many people are “chartists” reading the tea leaves of the local real estate market from the raw data that gets pumped out by MRIS on the Northern Virginia real estate market, I get my temperature reading from a more organic source.

Those are the people who are in the dirt, actual real estate buyers and sellers.

Hey, these people are organic

Going only on my “hunch”, I looked into the real MRIS Northern Virginia real estate data and recognized that a subtle shift had occurred! Yes, I confirm my hunch.

Let’s look at Fairfax County real estate trends first

Do you see that subtle shift in the June numbers in Fairfax County? The number of “active listings” slopes up as the number of “pendings” takes a dip. I can’t find that happening in the last two years worth of data.

I think that my professor back at Boston University called it an inflection point (as will, one day in the future, the statisticians at Yale when they finally see this blog post) in my very boring statistics class.

Let’s look at Arlington County real estate too

The same trend hits the Arlington County real estate market too!

My read is that we hit a very hot summer season starting in June. If you drive around on Saturday or Sunday, it is apparent that lots of folks have left town and gone to the beach. But know that there are plenty of home buyers out there and that they are carefully looking through the available listing and aren’t feeling the pressure that they did in March.

You will have to wait until September 2011 to see if I am right, but late July and early August are the time to make your best Northern Virginia real estate deals.

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Filed Under: Blog, Home Buyer Tips Tagged With: Fairfax County Virginia, real estate, Vienna Virginia

About Doug Francis

A Realtor specializing in unique and new homes around Vienna, Virginia, Doug started writing a first-hand blog about his everyday real estate experiences a decade ago. In-depth, helpful and fun has always been the objective. Outside real estate, he was profiled in a commercial for Verisign's "Where the World Clicks" global ad campaign, and was quoted in Money Magazine's Best Places to Live article on Vienna (#3!). He's a Boston University graduate who feels morning coffee is non-negotiable.

Vienna real estate agent Doug Francis

I’m so excited that you found me! Yes, this site covers real estate, but also a lot about lifestyle and  living in Vienna, Virginia outside Washington, D.C.

There is a lot of info here, and you can also contact me with any specific real estate questions. And, at home consultations are available too.

My background… I’ve been an active licensed agent in Virginia for 25 years, work at TTR Sotheby’s International Realty in McLean, and sell homes in all price ranges. I donate to the Town of Vienna tree replacement fund, participate in a neighborhood citizens association, and try my best to stay in shape.

Let me help you: Email doug@dougfrancis.com or call me at (703) 304-6827 to discuss your plans. Cheers!

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About Doug Francis

I am a Realtor with TTR Sotheby's International Realty® just outside Washington D.C. in Northern Virginia. I have been a full-time Realtor licensed in Virginia since 1991, and cover a big territory specializing in the Vienna real estate market and custom homes for sale.

I have unique knowledge of digital real estate marketing, and my marketing starts here. My clients have been attracted to my results-oriented strategy for years, and I am accepting new clients for 2023 right now.

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