Northern Virginia Foreclosures and Short Sales Washington DC REO

Specific Cities for Foreclosures REO Listings in Northern Virginia Washington DC

If your in the market for a bargain foreclosure …. you may not find it. Bank foreclosures are down and the inventory of bank owned resales are at extreme low levels. (Which is a good thing!) There is some speculation that the banks are holding a “shadow” inventory, that may be true in judicial foreclosure states, but Virginia is a non-judicial state. So the likely hood of that “shadow” inventory hitting the market right now is slim to none. Currently there are only >>> 105 <<<< foreclosures available in all of the 6 northern Virginia jurisdictions, including Loudoun, Fairfax, Arlington, Prince William Counties and the Cities of Falls Church and Alexandria. That’s it … 105 with one third of those in Prince William County.

Looking at the first quarter sales in 2013 there were just 487 foreclosure resales.

Compared to first quarter of :

(2010) 1,105 sales
(2011) 930 sales
( 2012) 798 sales
(2013) 487

You can see the downward trend. Contact us at JustNewListings.com Realty to get instant notification of any new listing that hits the market.

 

Alexandria Virginia Foreclosures Annandale Virginia Foreclosures Arlington Virginia Foreclosures Ashburn Virginia Foreclosures
Burke Virginia Foreclosures Centreville Virginia Foreclosures Chantilly Virginia Foreclosures Clifton Virginia Foreclosures
Fairfax Virginia Foreclosures Falls Church Virginia Foreclosures Great Falls Virginia Foreclosures McLean Virginia Foreclosures
Springfield Virginia Foreclosures Vienna Virginia Foreclosures Washington DC Foreclosures Woodbridge Virginia Foreclosures
Herndon Virginia Foreclosures  Oakton Virginia Foreclosures

 

I’ll try to have the rest of these city st virginia foreclosures up and running soon! If you have a particular city you’d like to request let me know…..

Pretty soon I’ll have a big update on this niche of Northern Virginia real estate. Are the numbers of foreclosures holding steady or going up or down? What is the average sales price of them and are they really a good deal or not when buying a home in any of the main cities in the area such as but not limited to the following:

Alexandria
Annandale
Arlington
Ashburn
Burke
Centreville
Chantilly
Clifton
Fairfax
Falls Church
Great falls
McLean
Sprinfield
Vienna
Woodbridge
Washington DC

As a general rule they sell for 5% lower than market value so they represent a deal. However it is not wise to limit your search to them or your missing out on 95% of the market. Odds are much higher you’re going to find a regular resale that fits you well with all the features that are important to you. But occassionally a foreclosure ends up having what you’re looking for–but that is the exception. Just keep an open mind and play to win. Hire an agent that is a master negotiator and can help you beat out competing offers.

Northern Virginia Foreclosure Listings & REO Homes for Sale

$3,300,000
Farm For Sale
Active
5
BED
5
TOTAL BATHS
6,554
SQFT
737 Quaker Run Road
Madison, VA 22727
NONE AVAILABLE Subdivision
$2,999,000
Multi-Family For Sale
Active
1
SQFT
1271 Meigs NE Place
Washington, DC 20002
TRINIDAD Subdivision
Price Change - 3 weeks ago
$2,750,000
Single Family Home For Sale
Active
6
BED
12
TOTAL BATHS
11,813
SQFT
9601 Halter Court
Potomac, MD 20854
POTOMAC VILLAGE Subdivision
$1,850,000
Land For Sale
Pending
50
ACRES
WICOMICO-MD
COUNTY
Heritage Court
Salisbury, MD 21801
HERITAGE Subdivision
$1,799,000
Townhouse For Sale
Active
3
BED
3
TOTAL BATHS
2,364
SQFT
2449 P NW Street
Washington, DC 20007
GEORGETOWN Subdivision
$1,495,000
Single Family Home For Sale
Active Under Contract
5
BED
8
TOTAL BATHS
8,458
SQFT
8808 Potomac Station Lane
Potomac, MD 20854
POTOMAC OUTSIDE Subdivision
$1,495,000
Single Family Home For Sale
Pending
7
BED
9
TOTAL BATHS
11,088
SQFT
12625 Greenbriar Road
Potomac, MD 20854
PALATINE SUB Subdivision
Open House 05/19 at 1PM
$1,325,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
5,623
SQFT
632 Live Oak Drive
Mclean, VA 22101
RIVER OAKS Subdivision
$1,266,000
Single Family Home For Sale
Active
7
BED
6
TOTAL BATHS
4,546
SQFT
1136 Somerset Avenue
Lakewood, NJ 08701
SOMERSET ESTATES Subdivision
$1,250,000
Single Family Home For Sale
Active Under Contract
5
BED
6
TOTAL BATHS
5,752
SQFT
2 Ashwood Lane
Malvern, PA 19355
ASHWOOD Subdivision
New Listing - 4 weeks online
$1,250,000
Single Family Home For Sale
Pending
7
BED
8
TOTAL BATHS
12,940
SQFT
13524 Bonnie Dale Drive
North Potomac, MD 20878
FARMLANDS Subdivision
$1,249,000
Single Family Home For Sale
Active Under Contract
4
BED
4
TOTAL BATHS
4,046
SQFT
321 Baintree Road
Bryn Mawr, PA 19010
NONE AVAILABLE Subdivision
$1,200,000
Single Family Home For Sale
Active Under Contract
5
BED
4
TOTAL BATHS
5,144
SQFT
1145 Turkey Point Road
Edgewater, MD 21037
NONE AVAILABLE Subdivision
New Listing - 4 weeks online
$1,199,000
Farm For Sale
Active
4
BED
2
TOTAL BATHS
3,008
SQFT
100 Mill Road
Washingtonville, PA 17884
NONE AVAILABLE Subdivision
$1,198,000
Single Family Home For Sale
Active Under Contract
5
BED
5
TOTAL BATHS
6,907
SQFT
28 High Ridge Road
Skillman, NJ 08558
BEDEBS BROOK AREA Subdivision
$1,195,000
Single Family Home For Sale
Active Under Contract
8
BED
9
TOTAL BATHS
5,075
SQFT
40 Old Guyencourt Road
Wilmington, DE 19807
NONE AVAILABLE Subdivision
$1,190,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
6,551
SQFT
4024 Hillcrest Drive
Doylestown, PA 18902
ESTATE AT MILL CREEK Subdivision
$1,189,900
Commercial For Sale
Active
2.38
ACRES
WORCESTER-MD
COUNTY
11073 Cathell Road
Berlin, MD 21811
NONE AVAILABLE Subdivision
$1,150,000
Single Family Home For Sale
Active
5
BED
6
TOTAL BATHS
23 Birchwood
Princeton, NJ 08540
NONE ABAILABLE Subdivision