2020-08 -- Real Estate of Northern Virginia Market Report - August 2020 Market Trends - Michele Hudnall
This is a monthly report of the Northern Virginia Real Estate market. Weekly I post a video of current market conditions on Tuesday's and will post the monthly report by the 10th of each month as the numbers finalize in the MLS (Bright). The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.
This is a monthly report of the Northern Virginia Real Estate market. Weekly I post a video of current market conditions on Tuesday's and will post the monthly report by the 10th of each month as the numbers finalize in the MLS (Bright).
The numbers come from the MLS (Bright), opinions are my own. This represents the market up to 5 Bedrooms keeping the numbers sub $1.5M and out of the luxury, custom market.
- TAGS
- falls-church-virginia
- alexandria-virginia
- manassas-virginia
- arlington-virginia
- fauquier-county
- real-estate-of-nva
- michele-hudnall
- nva-real-estate-trends
- nova-real-estate-trends
- northern-virginia-home-trends
- northern-virginia-home-prices
- fairfax-county
- prince-william-county
- northern-virginia-real-estate
- northern-virginia
- loudoun-county
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AUGUST <strong>2020</strong> FAIRFAX COUNTY OVERVIEW ||<br />
FS<br />
Number<br />
<strong>of</strong> Sales<br />
Avg<br />
Days on<br />
Mkt<br />
Avg Price<br />
/ SQFT<br />
Avg Close<br />
Price<br />
Avg Orig<br />
List Price<br />
Avg Sale<br />
to Orig List<br />
Price Ratio<br />
Fairfax, VA 1610 15 $ 342.24 $ 619,726 $ 620,269 100%<br />
Condominium 328 18 $ 3<strong>08</strong>.90 $ 335,325 $ 338,424 99%<br />
Alexandria 56 12 $ 282.29 $ 291,272 $ 290,412 100%<br />
Annandale 19 12 $ 234.87 $ 221,284 $ 223,168 99%<br />
Burke 4 4 $ 254.<strong>08</strong> $ 259,750 $ 257,200 101%<br />
Centreville 9 7 $ 246.97 $ 266,261 $ 267,300 100%<br />
Chantilly 1 89 $ 243.31 $ 300,000 $ 320,000 94%<br />
Clifton 2 3 $ 294.40 $ 256,000 $ 254,950 100%<br />
Fairfax 54 16 $ 341.86 $ 411,870 $ 412,206 100%<br />
Falls Church 50 16 $ 307.15 $ 297,972 $ 299,132 100%<br />
Herndon 23 24 $ 294.22 $ 323,373 $ 324,952 100%<br />
Lorton 8 9 $ 260.78 $ 298,500 $ 295,850 101%<br />
Mclean 30 34 $ 389.63 $ 431,450 $ 445,443 97%<br />
Oakton 6 11 $ 268.72 $ 301,417 $ 295,150 102%<br />
Reston 49 28 $ 312.<strong>08</strong> $ 349,240 $ 360,258 97%<br />
Springfield 5 6 $ 277.12 $ 249,478 $ 245,858 101%<br />
Vienna 12 8 $ 360.50 $ 428,867 $ 430,233 100%<br />
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