Summary answer: Given Centreville's current 1.8 months of supply and 101.46% sale-to-list ratio, this remains a genuine seller's market — 2026 is positioned for gradual stabilization with modest growth rather than a sharp correction, meaning waiting for significantly better conditions isn't a strong bet. If you find a well-priced home in your target community, current conditions favor acting rather than waiting.

I'm Johnny with JQ Real Estate. Here's the honest picture on timing.

What the current numbers tell you

Indicator Current Reading
Months of supply ~1.8 (seller's market)
Sale-to-list ratio ~101.46%
Days on market 7–25 days depending on segment
2026 outlook Gradual stabilization, modest growth expected

Why waiting for a dramatically better market isn't a strong strategy right now

With mortgage rates easing and inventory conditions gradually improving, the forecast calls for stabilization, not a sharp price correction that would meaningfully reward patience. If anything, waiting risks facing continued competition without a corresponding price benefit.

What actually matters more than timing the market

  1. Your own readiness — financially and in terms of what you're looking for
  2. Whether you find the right specific home — Centreville's price range varies enough by community that the right fit matters more than macro timing
  3. Interest rate environment when you're ready — worth factoring in alongside home price

Where you might have more room to be patient

Centreville's condo segment generally moves a bit slower than the townhome and single-family markets, giving buyers targeting that segment somewhat more room to deliberate than someone competing for a Centre Ridge townhome.

Let's talk about your specific timing

Reach out and I'll give you an honest read on whether now makes sense for your specific target community and budget.

For more Centreville buyer and seller questions, visit our Centreville real estate hub.