Prince George’s County, Maryland, remains the most affordable housing market in the D.C. region, but prices there are rising at the fastest pace in suburban Maryland.
Prince George’s is home to Six Flags America, the Capitol Wheel, and the Gaylord National Resort and Convention Center – not to mention a number of parks and gardens full of green hiking trails. The county also lays claim to the University of Maryland’s main campus in College Park, with more than 40,000 students.
In September 2019, the median price of what sold in Prince George’s County was $315,000. That’s $21,000, or 7%, more than the median price of what sold in Prince George’s County a year ago.
The median home price in Prince George’s County is still almost $275,000 lower than the median price in Arlington County, Virginia, the region’s most expensive county for home prices.
In Prince George’s County, two positive trends for sellers over the past year are that the median sale price has increased and the average days on the market has decreased. However, the decrease in units sold and sold dollar volume – especially when paired with the 16.5% increase in new listings – may be cause for concern for investors looking to sell freshly rehabbed properties in the coming months.
For sellers in Prince George’s County, buyers are willing to pay full price. The list-versus-sale price in the county last month was 99.5%, and what sold went under contract in an average of 32 days. The number of homes on the market in Prince George’s County is down 34% from last fall.
If you are interested in selling your home fast Maryland, DC and Virginia residents, there is no better time than now. So call 8 Day Home Sale today at 240-847-0859 for a Same-Day Cash Offer on Your House
Want to avoid the 6% commissions to a Real Estate Agent when you are looking to sell your house? We at 8 Day Home Sale do not operate like a real estate agent, so you don’t pay a commission fee. Instead of listing your house and hoping it will sell, we will buy it ourselves in “as is” condition. If you like the idea of “for sale by owner,” 8 Day Home Sale is a great solution – because we simply buy your house fast, directly from you. With no agent on the other side, you keep even more of your home’s valuable appreciation.
Our Company has been in business since 2016 serving the Maryland, Washington DC, and Virginia areas. We offer a guaranteed, fast and hassle-free sale to people who want to sell their house without paying a 6% real estate commission. Many of our sellers are in dire situations such as foreclosure, bankruptcy, divorce, tax default, inheritances, etc, and don’t have time to list their house on the MLS for 3 months. So, we offer those sellers an important service by buying their house “as is” for cash on their time line.
Within the last month 8 Day Home sale, has closed on deals in Glen Burnie, Maryland, Manassas, Virginia, and Suitland, Maryland.
We know how much your home means to you, that’s why we promise to give you a premium, personalized experience every step of the way. Let us help you skip the traditional home selling hassles, so you can get excited about what’s next. If you have a home to sell in Washington, Virginia and Maryland contact us today and accept our purchase offer to experience the new, innovative and hassle‐free way to sell your home. There is not better time than now. Call us today at 240-847-0859 for a Same-Day Cash Offer on Your House
Selling your house on the market can, at times, be invasive or uncomfortable. Your Real Estate Agent will suggest a number of items that should be fixed or altered in your home before you list it on the market. These items will take both time and money to complete. Then, once you’re on the market, you’ll have to schedule showings into your busy life and make sure the home is presentable and you and your family are absent. This can be grueling and difficult. If you’re looking for a simpler way to sell your house fast, consider selling for cash to 8 Day Home Sale. We’ll give you an honest offer and a quick closing process that can’t be beat.
We are not knocking those who use a Real Estate Agent to get their house sold. Real Estate Agents can be helpful and knowledgeable. But, sometimes selling your home on your own terms is the better way to go. Selling your house to 8 Day Home Sale helps you avoid paying that real estate broker commission and gets your house sold faster than the market
Another great reason to sell your house without a Real Estate Agent is our “As Is” condition allowance. We will not ask you to make any updates, renovations or changes to your home for the sale to go forward. You don’t have to spend excessive amounts of time and money on renovations and repairs.
If you have a home for sale in Washington, DC, Maryland or Virginia and you need to sell it quickly, consider using 8 Day Home Sale. You’ll be able to sell your house without a Real Estate Agent and will avoid paying a commission, giving you more money to take away from the sale. Our company is reputable, dependable and honest; and we’ll give you a fair price.
Why is it a good idea to buy a home or sell a home in Howard County? Well the Baltimore Sun says “Howard County has a distinct and thriving collection of communities, old and new, stable and growing. In Columbia, nearly a quarter of the land is preserved as open space. Woods, parkland, playgrounds and other public spaces are required by covenant to remain undeveloped”.
Howard County is ranked #1 in Best Counties for Families in America according to Niche
Living in Howard County offers residents a suburban feel and most residents own their homes. In Howard County there are a lot of restaurants, coffee shops, and parks. Many families and young professionals live in Howard County and residents tend to be liberal. Howard County is highly sought out with young families due to their highly rated public schools
Today, much of the rolling farmland has been replaced by stately new homes on spacious lots, though rural areas remain. The western end of the county offers some of the highest-priced housing in the area. Local amenities include a library, a senior center and a regional park with a 50,000-square-foot, multi-use community center.
Whether you are seeking an efficiency apartment or a luxurious single-family home, there are a variety of options for homeowners and renters. Howard County remains a highly desirable area with a strong real estate market, according to Metropolitan Regional Information Systems, which tracks home sales throughout the region. The company reported the median price of a home sold in Howard County as about $424,950 in September 2018.
Although costs in this part of the country are higher than average, some assistance is available for those in need. Federally subsidized housing is available through Heritage Housing Partners, which has emphasized the need to include affordable housing in Columbia redevelopment plans and the county.
If you are interested in selling your home fast Maryland, DC and Virginia residents so that you can move into the #1 ranked County, please call us.
Finding a place to put some roots down isn’t easy anywhere. Home buying involves countless factors to be considered and loads of stress no matter where you decide to buy, but it’s especially hard if you’re looking in the Greater Washington D.C., Maryland, Virginia locations.
Living near the city offers unbeatable convenience, whether it cuts down commute time or keeps you close to the nation’s monuments, everyone wants a different aspect of city life. Even if it comes at a cost. But for most families looking to settle down near Washington D.C., the main problem is space. It’s the hunt for space, a garage, a yard, and uncrowded streets that ultimately draw people a little farther away from the heart of the city and into neighborhoods that may not have been on the radar in years past but are becoming more and more appealing as prices go down and new developments arise.
So what makes these neighborhoods attractive?
Southeast D.C.’s Marshall Heights has been catching fire in terms of affordability, but what most don’t know is that just bordering this hot neighborhood on the Maryland side is a great community with an unbeatable price-per-square-foot value in the 20743-zip code.
Value is increasing in neighborhoods across Prince George’s country as well, which has historically been cheaper than other D.C. communities. The Hyattsville area offers drop-dead gorgeous cape cods and Victorians that are charming and reasonably priced, considering proximity to the city. District Heights is a budget-friendly community with a $204,500 median home price which is 30% lower than the Maryland average, and not much added commute time.
You can’t really go wrong picking the right Greater D.C. school district for your kids. Marlow Heights, Hyattsville, and most Prince George’s County schools spend an impressive $16,054 per student compared to the country’s average $12,383 and has an impressive student to teacher ratio.
While the District of Columbia and Alexandria have been the places to watch for in the past, these Maryland neighborhoods are worth keeping an eye out for, something tells us you should take a look at these neighborhoods sooner rather than later.
Northern Virginia is a unique area, close to the nation’s capital yet without all the commotion of big city life, making it a great area to settle down in, no matter what your interests or stage in life. Because of its technology sector and its proximity to D.C., the economy is stable and wealthy, yet diverse and filled with vibrant local communities.
A mix of suburban and urban areas, Northern Virginia has something to offer everyone from the great schools to the many outdoor activities and the shopping and dining options.
There are many great neighborhoods in Northern Virginia! Here are just five of the many best neighborhoods to live in NOVA!
- Del Ray
This neighborhood, just minutes away from D.C., is a surprisingly slow living focused community with an abundance of single family dwellings and local shops and eateries. With its historic and eclectic architecture, this area has definite suburban charm, making it the perfect place to raise a family.
This lively and pet-friendly community attracts business professionals and creatives with its up-and-coming small town feel, due to a recent revamping of the area. It also boasts a great community focus, and numerous local shopping, dining, arts, and outdoor spaces.
- Mosaic District
This fashionable neighborhood is Known for its abundance of local shops and restaurants, including boutique and luxury shops, farmer’s markets, and many other foodie and fashion attractions. Its townhouses, beautiful apartments, and homes are complemented by many dynamic businesses, shopping centers, and green spaces.
- West Falls Church
This suburb of D.C. is rated one of the best places to live in VA with many opportunities for fun, food, fitness, and art. Its diverse culture, as well as its outdoor attractions, make it a great neighborhood for young professionals and families alike.
With its booming economy, diverse attractions, and famed Reston Town Center, this neighborhood is a beautiful place to live with an abundance of larger homes, townhouses, and luxurious apartment suites. Its growing developments and local community create a happy medium between an urban and suburban feel.
As always, if you are interested in selling your house in Virginia, let us know.
The term best is really quite a subjective word, especially when you’re discussing real estate in the Washington D.C. location. But, as we end 2018 and fly into 2019 there are a few neighborhoods that everyone would agree are definitely “up there” when it comes to the best places to buy a home or invest in real estate in the coming year. Let’s check em out!
Right next to Capitol Hill, this up and coming neighborhood has two big things going for it. First it’s right next to Robert F. Kennedy Memorial Stadium. And second, it’s still quite affordable! Right now The District of Columbia is renovating the RFK campus and many people think the surrounding neighborhoods like Kingman Park will be big beneficiaries of this. As of now, you can grab a livable row house for about $400-$600K. Not a bad investment with a bright future!
In the Northeast corner of the District, this neighborhood is nestled right in the middle of the Bloomingdale, Brookland and Eckington, three areas that have seen explosive housing and retail development over the last few years. The great thing about Edgewood is that it’s close to all the new amenities of these three booming neighborhoods, but you can purchase a quaint row home here for roughly a third of what you’ll pay in Brookland. You’ve got a great restaurant scene and you’re right next to The Catholic University of America, the Brookland Red Line and Monroe Street Market. What’s not to like?
If it’s more of a suburban feel you’re after, this neighborhood is located in the Southeast corner of the District and a short commute to Capitol Hill. You’ll find charming brick colonials for about half the price compared to Capitol Hill row, and the views are incredible!
Maybe you’re already living in the D.C. Metro area and looking for a change of pace, or maybe a new job has you relocating out this way. Either way, it’s great to know where the up and coming neighborhoods are located, and we’ve made the perfect list!
In the Falls Church/Tysons Corner area of Fairfax County, you’ll find a hot new community known as Pimmit Hills. New development, great schools and local attractions make it a great place to live!
Many agents feel like the area is undervalued for the location right next to Tysons Corner, but it won’t last for long. The local High School is rated above average compared to other schools in the state by GreatSchools.org, and with convenient metro stops close by, it’s super convenient for commuters.
Median Household Income: $101,852
Average Commute Time to DC: 26 minutes
Schools: Lemon Road Elementary, Mary Ellen Henderson Middle, Marshall High
Zillow Forecast: Up 2.2 percent in 2018
Town of Herndon
Founded in 1857, Herndon is in the process of transforming from an old-fashioned town to a bustling and revitalized art-focused and interesting community.
Currently, the city is teamed up with Comstock Partners to build out an 18,000-square-foot arts center, as well as some new retail and residential space. The plan is for this to be completed within a couple years.
But the new art center isn’t the only reason Herndon makes the HOT neighborhood list. Stroll around and you’ll find ArtSpace, a place for local artists to showcase their work in the galleries and aspiring artists can take classes, Friday Night Live concerts in the summer, fun restaurants such as Jimmy’s Old Town Tavern and The Ice House Café & Oyster Bar, and even a local farmer’s market open from April through November. It’s a great place for families and young professionals alike!
Median Household Income: $101,872
Average Commute Time to DC: 25 minutes
Schools: Herndon Elementary, Herndon Middle, Herndon High
Zillow Forecast: Up 1.8 percent in 2018
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If you’ve ever been to Washington DC, you’ll understand why thousands of people continue to flock there. It’s a beautiful city, with a rich history and all the amenities residents could wish for. And for the first time in over a decade, property in the nation’s capital is selling as fast as it can be listed. Property values are on the rise in Washington, D.C., and don’t show any sign of stopping.
The reason for the increase in property values is simple: high demand and short supply. There are more buyers looking for property than homeowners selling. When the demand is high, prices go up. Even homes valued in the millions are selling quickly, a strong indicator of the desirability of the area. Houses and condos that are listed in the region are off the market in an average of 18 days. With property selling so fast, buyers need to be ready to make an offer immediately, and many sellers are enjoying bidding wars, which can drive up their selling price significantly.
With so many buyers looking for a place to call home, new construction and development is expected to increase as well. Developers can sell these new houses and condos at a premium, since many homeowners don’t want to have to deal with renovations and repairs. Buyers in today’s market want their house to be move in ready, looking like the properties they see on T.V. and in magazines. These conditions in the D.C. real estate market are all coming together to create the perfect scene for increased property values.
Washington, D.C., and its surrounding areas, have long been one of the most stable real estate markets in the country. The region continues to enjoy an influx of residents, and the rising property values reflect the high demand for housing, with no signs of slowing!