Singletons Grove, Centreville – Northern Virginia – Home Sales Activity 2018

Centreville, VA – Jan. 12, 2019 –  Home sales in the Singletons Grove subdivision continued a brisk pace in 2018. The average sold price during 2018 was $350,251 compared to $335,141 during the previous year – an increase of 4.51%.

Singletons Grove is just one of 600+ subdivisions across the Northern Virginia housing market. Other subdivisions include The Ridges of Glendilough in Fairfax, the Broadlands in Ashburn, and Stonegate in the City of Alexandria just to name a few. Each subdivision has its own unique selling characteristics and sub-market statistics that feed into the overall Northern Virginia market. Singletons Grove average selling price increase of 4.51% outpaced the 2.93% average price increase seen in the overall Northern Virginia region. Singletons Grove continued to also flex seller strength with low days on market (DOM). DOM measures the speed to a contract, or transaction velocity. In 2018, Singletons Grove average DOM’s clocked 35 days, down from 45 days the previous year. This is a 22% faster pace to a contract. Consistent with the low DOM’s, Singletons Grove sellers generally received full listing price for their homes. Singletons Grove has continually proven to be a highly desirable community for buyers given its attractive price points compared to the overall Northern Virginia region.

The table below illustrates the specific activity experienced in the Singletons Grove subdivision – 2018 as compared to 2017.

Singletons Grove 2018

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