Local residents know that Northern Virginia is a great place to be – and at Christopher Companies, we couldn’t agree more! We’re proud to build new homes in this area, and we’re excited to share recent news that the local housing market saw an uptick in activity in December 2014, with sales, prices and active listings increasing from the previous year.

Sales increased 11%, prices increased 3.25%, and active listings increased 29% from the previous year, according to a recent article from Washington Business Journal. All three of these metrics are positive signs of a healthy real estate market.

More home sales are clearly a positive trend, but the beneficial aspect of higher home sale prices and increased inventory aren’t as obvious. Higher home sale prices are a good sign for the housing market because they reflect the desirability of the area – NoVa remains one of the most affluent areas in the country, according to Census data, and with its proximity to Washington, D.C., it’s no wonder that it’s such a desirable place to live! According to the Washington Business Journal, the average home sale price in Northern Virginia in December was $572,712.

A higher number of active listings is also a positive sign for the market because there are plenty of options for potential new residents to choose from! At Christopher Companies, we have excellent new construction options for homeowners looking to buy in the area. Take our community of Avery Park, for example – our Burke and Andover models available in the community are both excellent choices for homeowners interested in living in prestigious Fairfax City, VA.

If you don’t think any of our communities are the perfect fit for you and your family, we’ve got a solution! Our custom home building program allows you to own a custom Chrisotpher home on any lot of your choosing.

Whether you choose a home in one of our pre-existing Northern Virginia communities or opt for a custom home, you’ll be enjoying a new home that was built with the commitment to excellence that Christopher Companies is so well-known for. Here at Christopher Companies, we couldn’t be more excited for the recent good news for the housing market in Northern Virginia, and we can’t wait to see what the rest of 2015 has in store for NoVa real estate!

SOURCE: Washington Business Journal