Evers & Co. Reports Summer Uptick for Suburb Sales in Greater Washington, D.C. Real Estate Market

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Second Month that Suburb Sales Show Improvement; Plenty of Supply in Fairfax and Montgomery County

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We are seeing strong sales this summer in the outlying areas of Fairfax and Montgomery County as the suburbs have started catching up to the District.

In June 2015, the close-in Washington Metro area saw an 11.4 percent increase in the total dollar volume of sales and a 1.2 percent decrease in average sales. For the second month in a row, sales were up 12.2 percent in Montgomery County and up 15 percent in Northern Virginia. This reflects a trend for the suburbs as they continue to catch up to the District, which until now has been the strongest sales area. The supply is high in Fairfax and Montgomery County, while the District continues to have a competitive market with low supply.

Each month, Donna Evers, president and broker of Evers & Co., reviews the residential real estate statistics provided by the Metropolitan Regional Information System (MRIS).

“We are seeing strong sales this summer in the outlying areas of Fairfax and Montgomery County as the suburbs have started catching up to the District,” said Donna Evers. “Overall, the price increases were flat in all the jurisdictions since the District has surpassed the price peak that was set early in 2014. The close-in neighborhoods are still experiencing strong demand and low supply, and properties that are priced correctly continue to get multiple bids.”

Evers & Co. remains the largest independent, woman-owned and -operated real estate company in the metropolitan area, with 110 passionate and dedicated agents and four offices— two in the District, one in Bethesda/Chevy Chase and one in Virginia. Evers & Co. also has an international membership with Leverage Global Partners.

For more information about local metropolitan Washington, D.C. neighborhoods, please go to http://www.eversco.com or call 202-364-1700 for a knowledgeable real estate agent to help guide you through the selling or buying process. For updates on Washington, D.C. real estate, connect with Evers & Co. on Twitter and Facebook.

*Statistics are compared from the previous year and taken from the Metropolitan Regional Information System for the three areas: Washington, D.C.; Montgomery County, Maryland; and Fairfax County, Arlington and Alexandria in Northern Virginia.

About Evers & Co.
Founded in 1985 by Donna Evers, Evers & Co. Real Estate, Inc. maintains its success through a strong referral base and agents who enjoy a premier reputation for their expertise and in-depth knowledge of Washington Metro Area homes and neighborhoods. Evers & Co. is home to more than 100 licensed real estate professionals with decades of combined experience, who enjoy access to a first-of-its-kind Agent Resource Center. The agency is the largest woman-owned and -operated residential real estate firm in the area and a member of Unique Homes Affiliate Network, Who's Who in Luxury Real Estate and FIABCI, the largest international real estate organization in the world. In addition, the agency has an alliance with My Home in Paris, a residential real estate firm in Paris, France. For more information about Evers & Co. Real Estate, visit http://www.eversco.com.

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Melissa DiMercurio
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