Merrifield Homes

Well, we're hitting uncharted territory in Frederick County. The number of "available" homes just dipped below 200 houses. If you remove "New Construction," the number drops to 93 houses. That's 93 houses for a County with 90,000 residents. At this stage, there is roughly a 2-week supply of houses.

With that limited of a supply, it's a better time to build than try to buy.

www.merrifieldhomes.com

This Woodley 2-Car model will be starting in Raven Pointe September 2020. 2,800 sq. ft. 4BR, 2.5 Ba. with beverage center. Ready for occupancy winter 2020/21. Call 540-662-5794 or visit www.ravenpointeva.com for more information.

May Sales Update (Frederick County):

- Sold: $56,139,299 (highest number in 10+ years)
- AVG Sold Price: $332,455 (highest in history)
- Active Listings: 328 (Lowest May since 2004)
- Units Closed: 167 (Highest since 2004)

This is not 2006, folks. Inventory is showing no signs of improving. There's an extreme lack of housing and Covid has not dented sales (the exact opposite is true). Time to build:

www.merrifieldhomes.com

Merrifield Homes