The average SOLD price in Chantilly/South Riding 20152 zip code is down .39% over the last 12 months.
The average SOLD price in Ashburn 20147 zip code is up 12.6% over that same period.
I find that quite contrary to what should be occurring since inventory is low, days on market average 29 days, and homes are selling on average for 100.28 percent of list price.
Most homes in South Riding go on the market at a 'fast sale' price rather than being priced to move up with the market. Prices are not rising as much as they should be given the inventory shortage and low interest rates.
I own the RE/MAX North Star office in South Riding. If you have any questions please call me at the office at 703-348-9807 or visit my web site at http://AlanKroll.com.
If you would like a market analysis of your home visit http://HighSalesPrice.com