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Introducing Kim Kroner - Clients know that everything will be taken care of when working with Kim Kroner. Kim's relationship with both Local and International Real Estate Luxury Portfolio expands available offerings through powerful local and global resources. Kim's success is in part due to a keen ability to coordinate the details of today’s sophisticated transactions and direct a strong team in all areas – from financing and one-stop-shopping, to the latest online marketing tools. Kim Kroner has an established record and is known for discretion and privacy when representing valued clients.
Kim Kroner REALTOR® Luxury Home Specialist
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Email - Kim@KimKroner.com
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Kim Kroner (Kim Kroner Realtor)
The real estate market in Ashburn Virginia is currently experiencing a high demand and low supply situation, as indicated by the low Months Supply of Inventory at 1.25. This means that there is a limited number of homes available for sale relative to the number of buyers in the market.
The 12-Month Change in Months of Inventory at -26.9% further highlights the tightening of the market, with inventory levels decreasing significantly over the past year. This trend suggests that buyers are facing increased competition and may need to act quickly to secure a property.
The Median Days Homes are On the Market at 4 days reflects the fast-paced nature of the current market, with properties selling quickly once they are listed. Sellers may benefit from this trend by receiving multiple offers and potentially selling their Ashburn homes above asking price.
The List to Sold Price Percentage in Ashburn Virginia is at 101.7% indicates that, on average, homes are selling for above their listing price. This can be attributed to the high demand and low supply dynamics in the market, with buyers willing to pay a premium to secure a property in a competitive environment.
Lastly, the Median Sold Price of $823,178 provides insight into the overall pricing trends in the market. With homes selling quickly and at above asking price, sellers may be able to command higher prices for their properties.
Overall, the current real estate market is characterized by low inventory levels, high demand, fast sales, and rising prices. Buyers may need to act quickly and be prepared to pay above asking price, while sellers have the opportunity to capitalize on the strong market conditions.
1 year ago | [YT] | 0
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