Inventory Trends for Areas 62 and 64 in #RVA2:50 PM
Please also note that this information was gathered from CVRMLS RE STATS.
There are some interesting things to take away from this analysis of the current market in Areas 62 and 64. The red lines represent the "Current" market and the blue lines represent last year. What does this show us? There aren't as many homes on the market as there were this time last year. We're following the same trend as last year, but there are considerably less homes to choose from. When there are less homes, the days on the market drops. Looks like it's a great time to sell!