Reports present insight into the Mid-Atlantic housing market
Long & Foster Real Estate, the largest independent residential real estate company in the United States, has introduced new Market Minute reports in the greater Augusta County, Va., area, including the cities of Staunton and Waynesboro. The monthly reports provide insight into the market conditions in these Virginia communities and are available on Long & Foster’s website.
“At Long & Foster, we strongly believe that better real estate decisions are made when you have better market information,” said Larry “Boomer” Foster and Gary Scott, presidents of Long & Foster Real Estate. “That’s why we’re committed to providing our real estate professionals, as well as their home buyers and sellers, with the most comprehensive, useful and up-to-date real estate data that’s available. In doing so, we help ensure that Long & Foster real estate professionals are the most knowledgeable and best-equipped agents in the market, so they can assist their clients in accomplishing their homeownership goals with confidence.”
The Long & Foster Market Minute is an interactive overview of market statistics based on residential real estate transactions and presented at the county level. The easy-to-read and easy-to-share reports include information about each area’s units sold, active inventory, median sale prices, months of supply, new listings, new contracts, list-to-sold price ratio and days on market. It is available for over 700 local areas and neighborhoods, and it is offered free to buyers and sellers as they aim to make well-informed real estate decisions.
The reports are comprised of data from market-wide residential real estate transactions within specific regions, not just Long & Foster sales. They can be printed, shared via email or integrated on social media outlets and personal websites.
In addition to the Market Minute, Long & Foster provides Market Conditions and LuxInsight reports. In the Market Conditions report, you’ll find insight into recent home sales in several major metropolitan areas, including total units sold, median sale prices, active inventory available, and the average number of days a home stays on the market. LuxInsight reports provide similar information with a focus on luxury real estate trends. Visit www.LongandFoster.com to download the latest Market Minute, LuxInsight and Market Conditions reports. There, you can also subscribe to updates for specific reports.