Annandale Real Estate Market Continues Weakening in Contracts

Over the last 30 days, the Annandale market had a lift in home sales with five. But as sales edged up, the number of pending transactions continued to decline, with a total of six contracts during the same period. The median sales price tumbled to $215,000, down from last week's $270,000. The rising sales and a low three months of inventory point to Annandale being a seller's market.

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Demographic facts about Annandale:

  • The median value of all homes is $160,000.
  • The area gets an average of 81 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 5.6%.
  • The student-to-teacher ratio is 16.8:1. (15.3:1 = national average)

Data reported through 10/19/2016

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Ask a local expert about this area:
Twin Oaks Realty, Inc
Snapped 1 home in this area
United Country Pro Realty
Snapped 1 home in this area

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