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 />
Townhouse 532 10 $ 322.95 $ 507,157 $ 501,574 101%<br />
Alexandria 1<strong>08</strong> 8 $ 322.43 $ 5<strong>08</strong>,029 $ 500,946 101%<br />
Annandale 10 6 $ 331.03 $ 458,050 $ 450,632 102%<br />
Burke 25 9 $ 325.58 $ 454,272 $ 445,118 102%<br />
Centreville 76 10 $ 297.28 $ 420,251 $ 417,536 101%<br />
Chantilly 9 23 $ 264.83 $ 472,855 $ 475,091 100%<br />
Clifton 5 5 $ 315.89 $ 425,120 $ 413,500 103%<br />
Dunn Loring 1 135 $ 300.24 $ 1,010,000 $ 1,050,000 96%<br />
Fairfax 76 10 $ 330.41 $ 547,448 $ 542,1<strong>08</strong> 101%<br />
Falls Church 27 7 $ 390.21 $ 592,456 $ 584,140 101%<br />
Fort Belvoir 1 4 $ 258.25 $ 595,000 $ 610,000 98%<br />
Herndon 26 10 $ 273.02 $ 499,456 $ 503,613 99%<br />
Lorton 21 13 $ 290.75 $ 451,567 $ 448,490 101%<br />
Mclean 2 25 $ 493.22 $ 990,000 $ 999,444 99%<br />
Oak Hill 1 15 $ 268.52 $ 435,000 $ 437,900 99%<br />
Oakton 8 10 $ 353.20 $ 669,688 $ 667,212 100%<br />
Reston 60 15 $ 338.74 $ 543,958 $ 540,396 101%<br />
Springfield 59 5 $ 312.96 $ 465,882 $ 451,643 103%<br />
Vienna 17 9 $ 394.31 $ 653,518 $ 649,150 101%<br />
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