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 />
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 />
Detached 750 17 $ 370.51 $ 823,953 $ 827,724 100%<br />
Alexandria 125 20 $ 403.73 $ 759,528 $ 759,788 100%<br />
Annandale 36 19 $ 415.62 $ 717,531 $ 7<strong>08</strong>,418 101%<br />
Burke 23 10 $ 356.05 $ 672,444 $ 663,503 101%<br />
Centreville 40 17 $ 259.96 $ 752,848 $ 763,995 99%<br />
Chantilly 9 7 $ 294.38 $ 768,667 $ 780,931 98%<br />
Clifton 12 13 $ 294.35 $ 827,475 $ 831,425 100%<br />
Dunn Loring 1 5 $ 462.78 $ 858,000 $ 840,000 102%<br />
Fairfax 83 12 $ 349.61 $ 743,772 $ 737,521 101%<br />
Fairfax Station 34 13 $ 309.27 $ 862,387 $ 857,353 101%<br />
Falls Church 56 10 $ 441.44 $ 815,945 $ 807,701 101%<br />
Great Falls 27 13 $ 373.49 $ 1,315,388 $ 1,326,735 99%<br />
Herndon 59 14 $ 332.52 $ 709,482 $ 709,492 100%<br />
Lorton 21 28 $ 265.87 $ 676,619 $ 684,662 99%<br />
Mclean 31 37 $ 471.02 $ 1,476,043 $ 1,507,990 98%<br />
Oak Hill 8 18 $ 301.87 $ 871,938 $ 909,738 96%<br />
Oakton 17 27 $ 339.79 $ 1,<strong>08</strong>7,512 $ 1,096,493 99%<br />
Reston 29 18 $ 343.78 $ 771,803 $ 773,534 100%<br />
Springfield 71 12 $ 373.64 $ 621,520 $ 632,268 98%<br />
Vienna 68 26 $ 417.52 $ 997,716 $ 1,014,794 98%<br />
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