Summary answer: I'd generally advise against waiting purely for rates in Centreville right now — with just 1.8 months of supply supporting continued, if modest, price growth through 2026, a lower rate later on a higher price often nets out similar or worse than selling and buying again now. Rates have already been easing somewhat, which is part of what's supporting current demand.
I'm Johnny with JQ Real Estate. Here's how to think through this honestly.
The actual trade-off right now
| Factor | Case for Selling Now | Case for Waiting |
|---|---|---|
| Current market | Tight supply (1.8 months) favors sellers today | If rates drop meaningfully, your buyer pool could expand further |
| Price trajectory | Gradual, modest growth expected — selling now locks in current strength | N/A — waiting doesn't clearly improve your position given the modest growth outlook |
| If buying again | Softer rate environment could help your next purchase too | Waiting delays your next purchase as well |
Why waiting doesn't clearly pay off here
Unlike a market showing signs of genuine softening, Centreville's tight supply means the "wait for a better market" argument is weaker than it would be elsewhere. You're not waiting out a downturn — you're waiting on an uncertain rate prediction against an already-favorable market.
What waiting actually costs you
- Uncertainty — nobody can reliably predict rate timing or magnitude
- Continued carrying costs — mortgage, taxes, HOA (if applicable), and insurance keep accruing
- Opportunity cost on your next move — if you're buying again, waiting delays that too
A reasonable approach
Rather than trying to time rates exactly, focus on pricing accurately for current strong conditions and presenting your home well.
Let's talk through your specific timing
Reach out and let's have an honest conversation about your specific situation.
For more Centreville buyer and seller questions, visit our Centreville real estate hub.