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

New Listing - 4 weeks online
$2,995,000
Single Family Home For Sale
Active
6
BED
6
TOTAL BATHS
2908 N Street Northwest
Washington, DC 20007
GEORGETOWN Subdivision
Price Change - 2 weeks ago
$2,900,000
Farm For Sale
Active
5
BED
8
TOTAL BATHS
13223 Loyalty Road
Leesburg, VA 20176
BIRCHWOOD Subdivision
$2,825,000
Single Family Home For Sale
Pending
6
BED
9
TOTAL BATHS
8,924
SQFT
10236 Democracy Boulevard
Potomac, MD 20854
CAMOTOP Subdivision
$2,475,000
Single Family Home For Sale
Pending
8
BED
10
TOTAL BATHS
3030 Dickerson Street North
Arlington, VA 22207
SHIRLEY WOODS Subdivision
$2,220,900
Single Family Home For Sale
Active
5
BED
7
TOTAL BATHS
8,560
SQFT
7024 Green Oak Drive
Mclean, VA 22101
0 Subdivision
Price Change - 2 weeks ago
$2,200,000
Single Family Home For Sale
Active
6
BED
7
TOTAL BATHS
1000 Herbert Springs Road
Alexandria, VA 22308
HERBERT SPRINGS Subdivision
$2,000,000
Single Family Home For Sale
Active
6
BED
9
TOTAL BATHS
9,714
SQFT
9411 Arnon Chapel Road
Great Falls, VA 22066
POTOMAC Subdivision
New Listing - a week online
$1,650,000
Single Family Home For Sale
Active
7
BED
6
TOTAL BATHS
9,906
SQFT
9214 Pegasus Court
Rockville, MD 20854
POTOMAC RANCH Subdivision
$1,499,900
Single Family Home For Sale
Active
6
BED
7
TOTAL BATHS
10,796
SQFT
11645 Vixens Path
Ellicott City, MD 21042
THE CHASE Subdivision
New Listing - 4 weeks online
$1,495,000
Single Family Home For Sale
Active
7
BED
9
TOTAL BATHS
10,038
SQFT
12625 Greenbriar Road
Potomac, MD 20854
PALATINE SUB Subdivision
$1,495,000
Single Family Home For Sale
Active
5
BED
8
TOTAL BATHS
8,458
SQFT
8808 Potomac Station Lane
Potomac, MD 20854
POTOMAC OUTSIDE Subdivision
$1,479,800
Single Family Home For Sale
Pending
4
BED
4
TOTAL BATHS
5,740
SQFT
3201 Ellicott Street Northwest
Washington, DC 20008
FOREST HILLS Subdivision
Price Change - 4 weeks ago
$1,450,000
Farm For Sale
Active
4
BED
4
TOTAL BATHS
10,000
SQFT
12285 Elk Run Church Road
Midland, VA 22728
THE PADDOCKS AT ELK RUN Subdivision
$1,450,000
Land For Sale
Active
6.25
ACRES
FREDERICK-VA
COUNTY
Front Royal Pike
Winchester, VA 22602
 
$1,399,900
Single Family Home For Sale
Pending
6
BED
7
TOTAL BATHS
11205 Falls Road
Lutherville Timonium, MD 21093
FALLS ROAD CORRIDOR Subdivision
Price Change - 3 days ago
$1,299,000
Single Family Home For Sale
Active
7
BED
8
TOTAL BATHS
13524 Bonnie Dale Drive
North Potomac, MD 20878
FARMLANDS Subdivision
Price Change - 4 weeks ago
$1,274,000
Single Family Home For Sale
Active
6
BED
9
TOTAL BATHS
10,100
SQFT
17214 Winning Colors Place
Leesburg, VA 20176
BEACON HILL Subdivision
$1,269,500
Single Family Home For Sale
Active
7
BED
8
TOTAL BATHS
10,005
SQFT
495 Seagull Beach Road
Prince Frederick, MD 20678
PATUXENT RIVER ESTATE Subdivision
$1,200,000
Single Family Home For Sale
Pending
6
BED
7
TOTAL BATHS
1665 Hawkins Road
Annapolis, MD 21401
EAGLE POINTE Subdivision
$1,199,900
Single Family Home For Sale
Active
4
BED
5
TOTAL BATHS
10007 Broad Street
Bethesda, MD 20814
NORTH BETHESDA Subdivision