Industry & Market Updates

With only a few weeks left in 2021, the real estate industry is closing out the year strong.

  • The national average of days on the market for October 2021 hovered around 18 days, down from 21 days year over year. (NAR)
  • 82% of homes put on the market in October were on the market for less than a month (NAR)
  • Homebuilder sentiment for single-family homes rose to 83 in October. (NAHB/Wells Fargo Housing Market Index)
  • The average interest rate in October for a 30 year fixed conventional mortgage was 3.07 percent. (Freddie Mac)
  • Interested in more residential market news? Check out NAR’s weekly resource, and contact me at or (202) 468-8653 to discuss the DMV housing market. 

Brokerage News (COMP)

Compass is a rapidly growing organization because it supports its agents with innovative tools and services, and is dedicated to making a positive impact in our communities. I’m honored to work with accomplished, collaborative, and dedicated people every day to help make the buying/selling process a great experience.

Did you know:

  • In just 9 years, Compass went from not existing to being a public company that is the #1 independent brokerage firm in the country. 
  • Compass has expanded to serve agents in nearly half the country and has grown its national market share by over 30%
  • Compass has partnered with Habitat for Humanity to Support Safe and Affordable Housing.
Sean Vann, Realtor
Sean Vann, Realtor

Resident of Hollin Hills.
D.C., MD & VA buyer & seller agent.
Partner of the Rockwell Team at Compass Real Estate, a Washingtonian 2021 Top Producer.

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