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At current pace, every home for sale in Northern Virginia would sell in a month – WTOP News

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At current pace, every home for sale in Northern Virginia would sell in a month – WTOP News


In Northern Virginia, the month’s supply shows an extremely tight market, with less than one month’s supply of inventory.

The residential real estate business has an imprecise way of forecasting the strength of the housing market called “month’s supply.” It gauges both the pace of sales going forward and how difficult current market conditions make it for potential buyers to find what they want and can afford.

In Northern Virginia, the month’s supply shows an extremely tight market, with less than one month’s supply of inventory.

“It refers to the number of months it would take the current inventory of homes on the market to sell given the current sales pace,” said Ryan McLaughlin, CEO at the Northern Virginia Association of Realtors. “So, generally speaking, a lower month’s supply indicates it is more of a sellers’ market, and a higher months supply indicates it is more of a buyers’ market.”

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It is a snapshot in time, usually reported with monthly sales and price trends. It does not take into account any sudden slowdown in buyer activity or an increase of homeowners deciding to list their property (the lack of which is one of the biggest challenges for buyers in Northern Virginia and elsewhere, these days).

Typically, a four- to six-months’ supply of homes for sale is considered a balanced market, though that is not necessarily the case in the Northern Virginia housing market.

“That industry standard has never really been the case here in Northern Virginia in our marketplace. Our supply is almost always under four months. In fact, our supply in May was just under one month at 0.98 months compared to the national average of three months,” McLaughlin said.

Inventory in Northern Virginia did rise in May, although just barely, from a supply of 0.89 months in April.

The Northern Virginia Association of Realtors reports home sales in the region spiked 27.3% from April to May, which it said shows more strength during the busiest time of the year than the nation overall, though sales were still down 20.4% from a year earlier.

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McLaughlin said the region still has significantly fewer sellers than other parts of the country, and in part, because of that sellers have the upper hand.

Selling prices in Northern Virginia are holding up, with a median price in May of $715,000, a 0.2% increase from April.

With buyers competing for fewer listings, homes in Northern Virginia also continue to sell quickly, with homes sold in May having been on the market an average of 13 days, meaning half of homes that sold, sold in less than two weeks.

The Northern Virginia Association of Realtors and the Center for Regional Analysis at George Mason University recently released a mid-year update on the Northern Virginia market, with a forecast of continued lack of inventory, pent-up buyer demand, and positive economic conditions that could be challenged by mounting risks that could be in store.

The Northern Virginia Association of Realtors represents agents in Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church, and the towns of Vienna, Herndon and Clifton.

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How to Watch & Listen to West Virginia vs. No. 24 Arizona

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How to Watch & Listen to West Virginia vs. No. 24 Arizona


The West Virginia Mountaineers (4-2) will meet the No. 24 Arizona Wildcats in the third place game of the Battle 4 Atlantis midseason tournament for the sixth meeting between the two programs.

West Virginia vs. Arizona Series History

Arizona leads 2-3

Last Meeting: March 28, 2008 (NCAA Tournament) WVU 75-65

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When: Friday, November 29

Location: Paradise Island, Bahamas, Imperial Arena (3,900)

Tip-off: 3:00 p.m. EST

Stream: ESPN2

Announcers: Beth Mowins and Debbie Antonelli

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Radio: Tony Caridi (PBP), Brad Howe (analyst) Mountaineer Sports Network from Learfield IMG College(Radio affiliates)

WVU Game Notes

– West Virginia was scheduled to play in the 2020 Battle 4 Atlantis. The tournament was moved to Sioux Falls, S.D., due to COVID, and the Mountaineers won the renamed Bad Boy Mowers Crossover Classic.

– WVU is 45-16 in in-season tournaments since 2007.

– With a win over No. 3 Gonzaga, WVU defeated a Top 5 AP team for the second consecutive season. Last season, the Mountaineers downed No. 3 Kansas in Morgantown, 91-85.

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– Prior to the overtime win over No. 3 Gonzaga, WVU had lost six straight overtime games.

– This is WVU’s fourth trip outside the United States and Puerto Rico to play a regular season game. WVU played in Cancun in 2013 and 2019 and opened the season in Germany in the 2017 Armed Forces Classic.

– West Virginia is the only team in the country that has two players on the same team who averaged more than 20 points per game from last season — Tucker DeVries (21.6 ppg) and Jayden Stone (20.8 ppg)

– West Virginia is 201-55 against nonconference teams in regular season games in the last 21 seasons.

– The Mountaineers have posted a winning nonconference record in 31 of the last 32 seasons.

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– WVU is 265-99 in its last 362 games against unranked teams, including winners of 148 of its last 180 at the WVU Coliseum.

– This is the 116th season and 122nd year overall for WVU basketball, which began in 1903.

– Darian DeVries, who led Drake to six consecutive 20-win seasons and has a career .731 winning percentage as a head coach, was named the 23rd head men’s basketball coach at West Virginia University on March 24, 2024.

– DeVries has a record of 154-57 (.731) in seven seasons as a head coach, including a 59-16 (.787) mark in the last two-plus seasons.

– This past August, the men’s basketball team went to Italy for a 10-day tour and won all three of its games against international competition.

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– West Virginia returns just 2.8 percent of its scoring from last season’s team (Ofri Naveh).

– The Mountaineers are led by a pair of transfers in Tucker DeVries (Drake) and Javon Small (Oklahoma State). Last season, DeVries was named an Associated Press All-American Honorable Mention selection, while Small earned All-Big 12 Honorable Mention honors.

– In addition, Eduardo Andre (Fresno State), Joseph Yesufu (Washington State), Sencire Harris (Illinois), Amani Hansberry (Illinois) and Jayden Stone (Detroit Mercy) will all see considerable action this season.

– Tucker DeVries was named to the 20-member Julius Erving Preseason Watch List, giving annually to the nation’s top small forward.

– Tucker DeVries was named to the preseason Naismith Trophy Men’s College Player of the Year Watch List.

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– Tucker DeVries was named to the John R. Wooden Award Top 50 Preseason Watch List.



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NBA Draft: West Virginia Duo Produce Big Numbers in Upset Over No. 3 Gonzaga

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NBA Draft: West Virginia Duo Produce Big Numbers in Upset Over No. 3 Gonzaga


West Virginia got off to a hot start at the Bad Boy Mowers Battle 4 Atlantis by knocking off undefeated Gonzaga 86-78 in overtime in their first-round matchup. The Mountaineers have received strong performances to begin the season from two upperclassman transfers: Javon Small and Tucker DeVries.

With each player delivering standout performances, it’s time to start considering them seriously as draft prospects.

Let’s take a closer look at their outings in this big win and dive into their seasons as a whole up to this point.

Tucker DeVries had a big game for West Virginia

Nov 27, 2024; Paradise Island, Bahamas, BHS; West Virginia Mountaineers guard Tucker DeVries (12) drives to the basket as Gonzaga Bulldogs guard Michael Ajayi (1) defends during the first half at the Atlantis Resort. Mandatory Credit: Kevin Jairaj-Imagn Images / Kevin Jairaj-Imagn Images

Tucker DeVries finished this game with a stuffed stat line of 16 points, six rebounds, four assists, two steals and four blocks. This level of versatility clearly illustrates the type of player he is, as he looked solid in nearly every aspect of the game. He has good positional size at 6-foot-7 and plays with a very high IQ on both ends of the floor. His defensive impact was especially noticeable, as he consistently made impactful plays, including a steal that led to free throws to tie the game at the end of regulation. DeVries finished the second half on a 5-0 run, which gave West Virginia momentum to capture the game in overtime.

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DeVries has had a solid all-around season leading up to this performance, averaging 13.5 points, 4.8 rebounds, two assists, 2.5 steals and 1.3 blocks, with shooting splits of 36.6%/40.7%/81.3%. If he were to be drafted following this season, it would likely be in the second round, but his versatile play style is very promising.

Javon Small has impressed for West Virginia

Nov 27, 2024; Paradise Island, Bahamas, BHS; West Virginia Mountaineers guard Javon Small (7) shoots during the first half against the Gonzaga Bulldogs at the Atlantis Resort. Mandatory Credit: Kevin Jairaj-Imagn Images / Kevin Jairaj-Imagn Images

Javon Small led the Mountaineers in scoring during this upset victory, contributing 31 points on impressive shooting splits of 50%/40%/81.8%. In addition to his scoring, he also grabbed seven rebounds, dished out two assists and added one steal and one block. Small is a quick and slippery guard who stayed in attack mode throughout the game, translating well into fast-break opportunities. Rarely staying in one spot on offense, Small kept the floor spaced and forced his defender to fight through traffic to keep up with him. His offensive approach was patient as he waited for his defender to get off balance before attacking.

Before this game, Small had averaged 15.5 points, 3.3 rebounds, four assists and three steals. He leads the Mountaineers in points, assists, and steals, while providing a noticeable spark on a nightly basis. Small is now at his third school in four years, with similar statistics in each of his previous two seasons. As an older guard, it is not guaranteed that he will be drafted, but if this level of productivity continues throughout the season, he may receive an opportunity to prove himself at the next level.

Want to join the discussion? Like Draft Digest on Facebook and follow us on Twitter to stay up to date on all the latest NBA Draft news. You can also meet the team behind the coverage.





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Virginia Tech Football: Three Keys to Victory for the Hokies on Saturday vs Virginia

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Virginia Tech Football: Three Keys to Victory for the Hokies on Saturday vs Virginia


The rivalry matchup between Virginia Tech and Virginia is nearly 48 hours away and it is a big matchup for both teams. The Hokies and the Cavaliers are both 5-6 and needing a win to make a bowl game. The loser will be getting a headstart on 2025 instead of playing in the postseason.

At the start of the year, Virginia Tech was being talked about as one of the biggest surprise teams not just in the ACC, but in the country. This team’s biggest goals have gone away, but they still have an opportunity to reach a bowl game for the second straight season. That should still be a big deal to the program, but on the other side, the Cavaliers are trying to make a bowl game for the first time under Tony Elliott. They are going to be fired up about playing in this game and having a chance to make a bowl game, so Virginia Tech can’t take it for granted, no matter their past success vs Virginia.

So what are the keys to a win for Virginia Tech on Saturday?

Before you could even blink on Saturday night, Virginia Tech was trailing Duke 14-0 thanks to two long touchdown plays and the Blue Devils have not been a very explosive offense this season. Virginia has found a way to put points on teams like Clemson and Louisville this season and has improved since last year. The Hokies’ pass rush was non-existent on Saturday vs Duke, finishing with no sacks and being unable to disrupt Duke quarterback Maalik Murphy. They will have to be able to play better on Saturday if they want to avoid the upset.

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It is still up in the air who is going to play quarterback for the Hokies on Saturday night, but whoever it is would benefit from a big game from one of the nation’s best running backs. Tuten had 84 yards on 19 carries last week, but Virginia Tech might need more than that on Saturday when the face the Cavaliers.

Our own RJ Schafer wrote this about the quarterbavck situation heading into Saturday’s game:

“Brent Pry listed both Kyron Drones and Collin Schlee as questionable ahead of the historic matchup. He added that both will practice, although very limited, and they could “just be watching” from the sidelines.

Coach Pry also added that Virginia Tech is preparing four quarterbacks to be ready to play this weekend, including Davi Belfort, a freshman quarterback from Brazil, a country which could begin to be the future of American college football.

Whoever plays this weekend is going to have to have to manage the game and not turn the ball over. I think the offense is going rely on the run game heavily this weekend due to that.

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Additional Links: 

Virginia Tech Football Releases Depth Chart Ahead of Matchup Against Virginia

Virginia Tech Football: PFF Grades and Snap Counts For Every Player in Saturday’s Loss to Duke

Virginia Tech Football: Updated Bowl Projections For The Hokies Heading Into Final Game



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