2021-01 -- Real Estate of Northern Virginia Market Report - January 2021 Real Estate Trends - Michele Hudnall

[ JAN 2021 ] 

MONTHLY MARKET REPORT 

Alexandria | Arlington | Fairfax | Falls Church 

Manassas | Manassas Park 

Fairfax County | Loudoun County 

Prince William County | Fauquier County

Finding Home in NVA 

HELLO FRIENDS OF NORTHERN VIRGINIA! 

The Real Estate of Northern Virginia Report is a comprehensive residential real estate update 

for the Northern Virginia (NVA) market. The report is a unique report for the region that is both 

wide and deep, focused locally with actionable advice. 

The data is drawn from the local listing service, Bright MLS, compiled and presented with my 

opinion and advice as the author, knowledge as a Realtor and lifetime resident of the region. 

As a 30+ year consultative market analyst and strategist in the technology sector, it is my goal 

to present data to educate, inform and provide actionable advice. The report and advice is 

meant to assist all of my seller and buyer friends with their real estate decisions in the NVA 

region – my home and my love! 

This report aligns with the 10 jurisdictions of the Northern Virginia Economic Development 

Alliance. Join the conversation during monthly videos and updates. 

I am here for you whether you are in or out of the region and have questions regarding the 

NVA Residential Real Estate Market. 

Looking forward to speaking to you soon! 

Michele 

Michele Hudnall 

Real Estate of Northern Virginia 

@RealEstateOfNVA

1 1 

9 

41 

75 

1 

NORTHERN VIRGINIA OVERVIEW 

CITIES OF NORTHERN VIRGINIA 

10 | Alexandria 

15 | Arlington 

20 | Fairfax 

25 | Falls Church 

30 | Manassas 

35 | Manassas Park 

COUNTIES OF NORTHERN VIRGINIA 

42 | Fairfax 

50 | Loudoun 

58 | Prince William 

66 | Fauquier 

ABOUT REAL ESTATE OF NORTHERN VIRGINIA

2.73% 

30 Yr FRM 2/4/21 

INTEREST 

RATES 

% 

NEWS 

Rates as reported by Freddie Mac 

Historically low interest rates 

Mortgage originations are at a 14-year high 

Refinancing and Home Equity Loans are at an 8+ 

year high 

The low interest rates are fueling both sides of the market, 

new buyers and sellers who are investing in their homes 

and sending the message, “NO” we are not selling. 

Hype news stemming from YoY comparisons 

YoY monthly comparisons leads to hype news 

regarding Pending Listings being down 

This will be followed by hype around Closed Sales 

being down 

This is the ‘effect’ from the ‘cause’ – New Listings 

declining since Sept 2020 

The Pandemic has challenged the seasonal real estate 

market – best to look at YTD YoY comparisons. 

-32% YoY YTD 

.60 MoS 

INVENTORY 

Months of Supply of Inventory is at a historical low – 

Effect of current market conditions 

Sold Listings are up 31% YoY YTD 

New Listings are only up 8% YoY YTD 

New and Active Listings have been declining 

since Sept 2020 driving Active Listings down 26% 

Months of Supply is down 37% YoY YTD and down 61% on a 

5-year Jan average. This is the ‘effect’ of the ‘cause’, steady 

decline in New Listings, the fuel to the market and rising 

prices. 

+8% YoY YTD CLOSE < 10 

PRICE 

DOM 

Effect of current market conditions and a unique 

Seller’s opportunity 

6 of the 10 jurisdictions covered experienced 

double-digit increases ranging from 10 to 95% - 

Falls Church has an extreme Seller’s Market with 

desirability of location and land 

Appreciation is softening ever so slightly with 1) lack of fuel, 

2) sale of older listings and 3) condominium sale increase. 

This is absolutely a unique Seller opportunity until the rise 

of New Listings -the Fuel and leading indicator of a shift. 

+8% YoY YTD 

NEW 

LISTINGS 

Cause to current market conditions – Leading 

Indicator to the future market conditions 

The Fuel to the market has been waning 

beginning in Sept 2020, choking the market 

New Listings are the ‘Leading Indicator’ to a shift 

in the current Sellers’ Market 

Slight uptick in New Listings in January 

With Sold Listings up 31% YoY YTD and the Fuel only 

accounting for about 1/4 th of sales, Active Listings has fallen 

to less than half a month providing a window of opportunity 

for Sellers to capitalize on the market. 

MARKETABILITY & 

NEGOTIABILITY 

DOM 

Well positioned homes and buyer due diligence leads 

to speed to sale with high competition and low 

negotiation 

~75% of homes are under contract in < 10 days 

~30% close with

|| NORTHERN VIRGINIA OVERVIEW 

Median Sale Price 

Median Sale to 

Median Days on 

$505,000 Avg Concession $6,188 

100.00% 

Orig List Price 

Market 

8 

-2.88% 8.60% -4.83% -12.14% 0.00% 0.81% 0.00% -60.00% 

MoM Chg fr DEC 2020 YoY Chg fr JAN 2020 MoM Chg fr DEC 2020 YoY Chg fr JAN 2020 MoM Chg fr DEC 2020 YoY Chg fr JAN 2020 MoM Chg fr DEC 2020 YoY Chg fr JAN 2020 

$520,000 $465,000 

$6,502 $7,044 100.00% 

99.20% 8 20 

YTD 2020 2021 % of Chg YTD 2020 2021 % of Chg YTD 2020 2021 % of Chg YTD 2020 2021 % of Chg 

$465,000 $505,000 8.60% $7,044 $6,188 -12.14% 99.20% 100.00% 0.81% 20 8 -60.00% 

5-Yr JAN avg $434,790 16.15% JAN % w/ Con 47.97% 32.12% -33.04% 5-Yr JAN avg 98.10% 1.94% 5-Yr JAN avg 32 -75.16% 

Median Days 

Contract to Settle 

34 

6.25% 0.00% 

MoM Chg fr DEC 2020 YoY Chg fr JAN 2020 

32 

34 

YTD 2020 2021 % of Chg 

34 34 0.00% 

5-Yr JAN avg 38 -10.53% 

Median Days on Market 

by Structure Type 

Condo Detached Townhome 

101 20 33 14 

Avg Months 

Supply of Inv 

0.60 

-11.09% -32.06% 

MoM Chg fr DEC 2020 

0.67 

YoY Chg fr JAN 2020 

0.88 


0.88 0.60 -32.06% 

5-Yr JAN avg 1.44 -58.39% 

Active Listings 2,092 New Listings 3,144 New Pendings 

-9.83% -26.13% 30.35% 7.93% 

14.42% 

2,897 Closed Listings 2,409 

18.05% -31.83% 31.35% 


2,320 2,832 2,412 2,913 2,532 2,454 3,534 1,834 


2,832 2,092 -26.13% 2,913 3,144 7.93% 2,454 2,897 18.05% 1,834 2,409 31.35% 

5-Yr JAN avg 4,387 -52.31% 5-Yr JAN avg 2,883 9.06% 5-Yr JAN avg 2,478 16.93% 5-Yr JAN avg 2,478 -2.77% 

Real Estate of NVA Market Report - 3 -

UNITS 

12000 

NORTHERN VIRGINIA 

Listings to EOM Inventory to Median Sale Price 

Over 5 Years 

EOM Inv Active New Pending Closed Avg of Med Sold Price 

VALUE 

600000 

10000 

500000 

8000 

400000 

6000 

300000 

4000 

200000 

2000 

100000 

0 

0 


by City / County 

Homes 

Sold 

% of 

Change 

Median 

Close Price 


Change 

Median 

DOM 


Change 

Close to 

OLP Ratio 


Change 

Months 

Supply Inv 


Change 

YTD JANUARY 

YoY Change 

2020 1,834 $ 465,000 

20 99.20% 0.88 

2021 2,409 31.35% $ 505,000 8.60% 8 -60.00% 100.00% 0.81% 0.60 -32.06% 

Alexandria City 171 31.54% $ 490,000 -4.02% 18 63.64% 100.00% 0.00% 0.97 55.58% 

Arlington City 156 6.85% $ 600,000 2.65% 27 107.69% 98.40% -1.60% 1.71 136.23% 

Fairfax City 24 60.00% $ 612,213 42.04% 26 160.00% 99.60% 1.53% 0.39 -62.86% 

Fairfax County 1,008 30.91% $ 550,000 6.72% 10 -52.38% 100.00% 0.70% 0.67 -21.84% 

Falls Church City 9 125.00% $ 820,000 95.24% 11 -8.33% 98.70% 1.86% 0.33 0.00% 

Fauquier County 63 -1.56% $ 450,000 18.30% 16 -63.64% 100.00% 2.25% 0.71 -69.39% 

Loudoun County 424 46.71% $ 546,919 10.49% 6 -64.71% 100.20% 0.91% 0.33 -68.22% 

Manassas City 37 27.59% $ 330,750 5.00% 8 -69.23% 100.00% 1.94% 0.28 -67.28% 

Manassas Park City 14 -12.50% $ 432,000 36.06% 4 -80.00% 102.00% 2.00% 0.13 -80.44% 

Prince William County 503 35.58% $ 408,000 11.78% 6 -71.43% 101.00% 2.12% 0.26 -63.49% 


Active and Closed Listings to Median Sales Price by Structure Over 5 Years 

UNITS 

6000 

Sale $ Detached Sale $ Townhome Sale $ Condominium 

Condominium Townhome Detached Home 

Condo Closed Townhome Closed Detached Closed 

VALUE 

800000 

5000 

4000 

700000 

600000 

500000 

3000 

400000 

2000 

1000 

300000 

200000 

100000 

0 

0 

- 4 - Real Estate of NVA Market Report

EXTERNAL DRIVERS 

BUYER DEMAND STRENGTH FUELED BY 

RECORD SETTING INTEREST RATES AND MORTGAGE ORIGINATIONS 

Mortgage Originations 

at a 14 Year High 


BUYER STRENGTH – INTEREST RATES, MORTGAGE ORIGINATION AND DOWN PAYMENTS 

The external drivers indicating demand are the mortgage interest rates and the mortgage applications. Interest rates continue 

decline and are now predicted to stay low over the next 4 years. Mortgage Originations are up 26% annually, while Refi 

Originations are up 124% annually. The interesting metric is that Refi’s represent 74.8% of the Originations. 

Homes at the lower end are rising fast with cash investors creating a challenging environment for first-time buyers. I believe 

the story is the large portion of Refi Originations indicating investment into current homes instead of selling. The Refi indicates 

a decision to reamain in place and thus will not be a reprieve to the current inventory constrained situation. 

GROWTH IN BUYER COMMUNITY AND REQUIREMENTS 

In a recent article on Mortgage News Daily, a survey was cited that almost 50% of all Americans are considering a move. 

Motivation to consider the move is COVID-19 as they want to leave the cities and require more space. 

They are considering the following: 

27% are considering their current area 

12% are considering a nearby city 

8% are planning a relocation to another state 

Outcomes they expect to achieve are: 

44% expect to reduce expenses 

27% are seeking larger space 

27% are seeking different features in a home 

12% want to change their location 

The desire to make a move are fueled by the COVID virus putting 

additional pressure on inventory demands along with their 

current home equity and historically low interest rates. The 

following chart is from the article citing desired features in 

homes currently. 

LARGEST BUYER COMMUNITY, FIRST TIME BUYERS - FIRST TIME BUYER CHARACTERISTICS 

The market is a pure Demand versus Supply market favoring the Sellers currently and over the past 5 years. Even though the 

market favors the Seller, it is important for Sellers to understand who their buyer is, their characteristics, requirements and 

purchasing preferences. 

Millennials are the largest buying force in the market 

First-time buyers driving demand based on size and price 

accordingly 

Millennials are ready to grow their family 

Millennials grew up leveraging technology and are using it at a 

high level – photos, videos, and property presentation matter 

regardless of it being a Sellers’ Market 

Millennials seek move-in ready – not interested in inheriting 

projects, again regardless of it being a Sellers’ Market 

COVID has accelerated the decision to purchase 

Remote working has added to the savings account 

Serious Buyers expect competition, are creating a strategy, 

preparing via online viewing and Coming Soon campaigns with 

their professional agent along with added savings 


Alexandria | Arlington 

Fairfax | Falls Church 

Manassas | Manassas Park

|| ALEXANDRIA CITY OVERVIEW 



Median Sale Price $490,000 Avg Concession $5,759 

100.00% 



18 

-21.29% -4.02% 15.89% -23.86% 

0.70% 0.00% 12.50% 63.64% 


$622,500 $510,500 $4,969 $7,563 99.30% 100.00% 

16 11 


$510,500 $490,000 -4.02% $7,563 $5,759 -23.86% 100.00% 100.00% 0.00% 11 18 63.64% 

5-Yr JAN avg $467,050 4.91% JAN % w/ Con 34.65% 35.67% 2.96% 5-Yr JAN avg 98.22% 1.81% 5-Yr JAN avg 28 -35.25% 

Median Days 

32 


3.23% -3.03% 


31 33 


33 32 -3.03% 

5-Yr JAN avg 37 -14.44% 





Avg Months 


0.97 

-11.96% 55.58% 


1.10 0.62 


0.62 0.97 55.58% 

5-Yr JAN avg 1.19 -18.25% 

Active Listings 223 

New Listings 234 New Pendings 230 Closed Listings 

-10.80% 72.87% 21.24% 10.90% 

9.00% 29.21% -32.14% 31.54% 


250 129 193 211 211 178 252 130 


129 223 72.87% 211 234 10.90% 178 230 29.21% 130 171 31.54% 

5-Yr JAN avg 247 -9.86% 5-Yr JAN avg 204 14.82% 5-Yr JAN avg 176 30.98% 5-Yr JAN avg 176 -2.62% 

171 


UNITS 

700 

ALEXANDRIA CITY 


Over 5 Years 


VALUE 

700000 

600 

600000 

500 

500000 

400 

400000 

300 

300000 

200 

200000 

100 

100000 

0 

0 

UNITS 

350 

ALEXANDRIA CITY 





VALUE 

1200000 

300 

1000000 

250 

200 

150 

100 

800000 

600000 

400000 

50 

200000 

0 

0 


ALEXANDRIA CITY CONDOMINIUMS 

UNITS 

350 

ALEXANDRIA CITY CONDOMINIUMS 

Listings to Median Sale Price 

Over 5 Years 

Avg of Med Sold Price Active New Pending Closed 

VALUE 

400000 

300 

250 

200 

150 

100 

350000 

300000 

250000 

200000 

150000 

100000 

Avg Months 


1.50 

-6.76% 214.73% 


1.61 0.48 


0.48 1.50 214.73% 

5-Yr JAN avg 1.22 22.96% 

50 

50000 

0 

0 




99.00% 



21 

1.46% 9.91% 

3.04% -9.51% 

-0.20% -1.00% 16.67% 110.00% 


$335,000 $309,250 $4,166 $4,744 99.20% 100.00% 

18 10 


$309,250 $339,900 9.91% $4,744 $4,293 -9.51% 100.00% 99.00% -1.00% 10 21 110.00% 




-4.32% 247.06% 13.71% 24.78% 

0.81% 22.55% -21.97% 47.14% 


185 51 124 113 124 102 132 70 


51 177 247.06% 113 141 24.78% 102 125 22.55% 70 103 47.14% 

5-Yr JAN avg 124 42.51% 5-Yr JAN avg 106 33.02% 5-Yr JAN avg 95 31.58% 5-Yr JAN avg 95 8.42% 

103 


ALEXANDRIA CITY DETACHED HOMES 

120 

UNITS 

ALEXANDRIA CITY DETACHED HOMES 


Over 5 Years 


VALUE 

1200000 

100 

80 

60 

40 

1000000 

800000 

600000 

400000 

Avg Months 


0.54 

-33.34% -52.71% 


0.81 1.14 


1.14 0.54 -52.71% 

5-Yr JAN avg 1.53 -64.73% 

20 

200000 

0 

0 




100.00% 



9 

3.49% 2.15% 43.79% -8.12% 

1.11% 1.73% 

0.00% -72.73% 


$918,000 $930,000 $7,024 $10,993 98.90% 98.30% 

9 33 


$930,000 $950,000 2.15% $10,993 $10,100 -8.12% 98.30% 100.00% 1.73% 33 9 -72.73% 




-33.33% -50.00% -16.67% -45.95% -16.67% 4.17% -29.27% 26.09% 


30 40 24 37 30 24 41 23 


40 20 -50.00% 37 20 -45.95% 24 25 4.17% 23 29 26.09% 

5-Yr JAN avg 55 -63.90% 5-Yr JAN avg 37 -45.36% 5-Yr JAN avg 25 0.00% 5-Yr JAN avg 25 16.00% 

29 


ALEXANDRIA CITY TOWNHOMES 

180 

UNITS 

ALEXANDRIA CITY TOWNHOMES 


Over 5 Years 


VALUE 

800000 

160 

700000 

140 

120 

100 

80 

60 

40 

600000 

500000 

400000 

300000 

200000 

Avg Months 


0.35 

-25.71% -41.61% 


0.47 0.59 


0.59 0.35 -41.61% 

5-Yr JAN avg 0.98 -64.48% 

20 

100000 

0 

0 




100.00% 



10 

-0.01% 5.02% 37.10% -8.66% 

0.60% 0.00% -23.08% -23.08% 


$730,000 $695,000 $5,885 $8,832 99.40% 100.00% 

13 13 


$695,000 $729,900 5.02% $8,832 $8,068 -8.66% 100.00% 100.00% 0.00% 13 10 -23.08% 




-25.71% -31.58% 62.22% 19.67% 40.35% 53.85% -50.63% 

5.41% 


35 38 45 61 57 52 79 37 


38 26 -31.58% 61 73 19.67% 52 80 53.85% 37 39 5.41% 


39 


|| ARLINGTON CITY OVERVIEW 




98.40% 



27 

-4.00% 2.65% 

-0.58% 24.18% 

-0.61% -1.60% 80.00% 107.69% 


$625,000 $584,500 $6,638 $5,315 99.00% 100.00% 

15 13 


$584,500 $600,000 2.65% $5,315 $6,600 24.18% 100.00% 98.40% -1.60% 13 27 107.69% 


Median Days 

32 


3.23% 

0.00% 


31 32 


32 32 0.00% 

5-Yr JAN avg 36 -12.09% 





Avg Months 


1.71 

0.07% 136.23% 


1.71 0.72 


0.72 1.71 136.23% 

5-Yr JAN avg 1.28 34.28% 



0.50% 140.36% 55.94% 50.72% 35.75% 46.39% -42.22% 

6.85% 


397 166 202 209 179 166 270 146 


166 399 140.36% 209 315 50.72% 166 243 46.39% 146 156 6.85% 

5-Yr JAN avg 307 30.14% 5-Yr JAN avg 218 44.76% 5-Yr JAN avg 176 38.38% 5-Yr JAN avg 176 -11.16% 

156 


UNITS 

700 

ARLINGTON CITY 


Over 5 Years 


VALUE 

800000 

600 

700000 

500 

400 

300 

200 

600000 

500000 

400000 

300000 

200000 

100 

100000 

0 

0 

ARLINGTON CITY 


UNITS 

450 

400 

350 

300 

250 

200 

150 

100 

50 

0 




VALUE 

1200000 

1000000 

800000 

600000 

400000 

200000 

0 

– 16 – Real Estate of NVA Market Report

ARLINGTON CITY CONDOMINIUMS 

UNITS 

450 

ARLINGTON CITY CONDOMINIUMS 


Over 5 Years 


VALUE 

500000 

400 

350 

300 

250 

200 

150 

100 

50 

450000 

400000 

350000 

300000 

250000 

200000 

150000 

100000 

50000 

Avg Months 


2.34 

0.00% 356.80% 


2.34 0.51 


0.51 2.34 356.80% 

5-Yr JAN avg 1.25 87.78% 

0 

0 




97.70% 



38 

-5.56% 1.67% -47.10% -21.94% 

-0.81% -2.30% 26.67% 322.22% 


$450,000 $418,000 $6,482 $4,393 98.50% 100.00% 

30 9 


$418,000 $425,000 1.67% $4,393 $3,429 -21.94% 100.00% 97.70% -2.30% 9 38 322.22% 

5-Yr JAN avg $382,760 11.04% JAN % w/ Con 19.72% 40.26% 104.17% 5-Yr JAN avg 98.64% -0.95% 5-Yr JAN avg 34 11.11% 



0.00% 342.19% 69.72% 66.67% 54.26% 57.61% -34.97% 

2.20% 


283 64 109 111 94 92 143 91 


64 283 342.19% 111 185 66.67% 92 145 57.61% 91 93 2.20% 

5-Yr JAN avg 159 77.76% 5-Yr JAN avg 117 58.12% 5-Yr JAN avg 100 45.29% 5-Yr JAN avg 100 -6.81% 

93 


ARLINGTON CITY DETACHED HOMES 

UNITS 

300 

ARLINGTON CITY DETACHED HOMES 


Over 5 Years 


VALUE 

1200000 

250 

200 

150 

100 

1000000 

800000 

600000 

400000 

Avg Months 


1.05 

0.00% -13.60% 


1.05 1.21 


1.21 1.05 -13.60% 

5-Yr JAN avg 1.48 -29.24% 

50 

200000 

0 

0 



Median Sale Price $1,030,000 Avg Concession $12,129 

100.00% 



14 

9.23% 5.21% 40.84% 54.51% 

0.00% 0.70% 75.00% -51.72% 


$943,000 $979,000 $8,612 $7,850 100.00% 99.30% 

8 29 


$979,000 ####### 5.21% $7,850 $12,129 54.51% 99.30% 100.00% 0.70% 29 14 -51.72% 




0.00% -9.28% 44.62% 11.90% 12.90% 14.75% -47.67% 

4.65% 


88 97 65 84 62 61 86 43 


97 88 -9.28% 84 94 11.90% 61 70 14.75% 43 45 4.65% 


45 


ARLINGTON CITY TOWNHOMES 

UNITS 

60 

ARLINGTON CITY TOWNHOMES 


Over 5 Years 


VALUE 

1000000 

50 

40 

30 

20 

900000 

800000 

700000 

600000 

500000 

400000 

300000 

Avg Months 


1.04 

3.70% 356.23% 


1.00 0.23 


0.23 1.04 356.23% 

5-Yr JAN avg 0.68 52.86% 

10 

0 

200000 

100000 

0 




99.70% 



12 

-9.82% -6.42% 50.69% 79.45% 

-0.30% 1.73% 20.00% -50.00% 


$840,000 $809,500 $4,855 $4,077 100.00% 98.00% 

10 24 


$809,500 $757,500 -6.42% $4,077 $7,317 79.45% 98.00% 99.70% 1.73% 24 12 -50.00% 




7.69% 460.00% 28.57% 157.14% 21.74% 115.38% -56.10% 50.00% 


26 5 28 14 23 13 41 12 


5 28 460.00% 14 36 157.14% 13 28 115.38% 12 18 50.00% 


18 


|| FAIRFAX CITY OVERVIEW 




99.60% 



26 

6.43% 42.04% -38.76% 24.96% 

-0.40% 1.53% 225.00% 160.00% 


$575,250 $431,000 $8,843 $4,333 100.00% 98.10% 

8 10 


$431,000 $612,213 42.04% $4,333 $5,415 24.96% 98.10% 99.60% 1.53% 10 26 160.00% 


Median Days 

39 


21.88% 

2.63% 


32 38 


38 39 2.63% 

5-Yr JAN avg 40 -2.50% 





Avg Months 


0.39 

-40.92% -62.86% 


0.67 1.06 


1.06 0.39 -62.86% 

5-Yr JAN avg 1.25 -68.39% 



-40.91% -62.86% 38.89% 4.17% 20.83% -3.33% -25.00% 60.00% 


22 35 18 24 24 30 32 15 


35 13 -62.86% 24 25 4.17% 30 29 -3.33% 15 24 60.00% 

5-Yr JAN avg 39 -66.67% 5-Yr JAN avg 30 -16.11% 5-Yr JAN avg 30 -3.97% 5-Yr JAN avg 30 -20.53% 

24 


JANUARY 2021 FAIRFAX CITY OVERVIEW || 

UNITS 

140 

FAIRFAX CITY 


Over 5 Years 


VALUE 

700000 

120 

600000 

100 

500000 

80 

400000 

60 

300000 

40 

200000 

20 

100000 

0 

0 

UNITS 

70 

60 

50 

40 

30 

20 

10 

0 

FAIRFAX CITY 





VALUE 

900000 

800000 

700000 

600000 

500000 

400000 

300000 

200000 

100000 

0 


FAIRFAX CITY CONDOMINIUMS 

UNITS 

40 

FAIRFAX CITY CONDOMINIUMS 


Over 5 Years 


VALUE 

600000 

35 

30 

25 

20 

15 

10 

5 

500000 

400000 

300000 

200000 

100000 

Avg Months 


0.83 

-50.00% -41.67% 


1.67 1.43 


1.43 0.83 -41.67% 

5-Yr JAN avg 1.27 -34.31% 

0 

0 



Median Sale Price $247,450 Avg Concession $0 

96.30% 



29 

1.00% -1.02% #DIV/0! -100.00% 

-2.92% -2.83% 314.29% 480.00% 


$245,000 $250,000 $0 $3,000 99.20% 99.10% 

7 5 


$250,000 $247,450 -1.02% $3,000 $0 -100.00% 99.10% 96.30% -2.83% 5 29 480.00% 

5-Yr JAN avg $258,390 -4.23% JAN % w/ Con 16.67% 0.00% -100.00% 5-Yr JAN avg 96.02% 0.29% 5-Yr JAN avg 30 -4.61% 



-50.00% -50.00% -30.00% -22.22% 28.57% 12.50% -14.29% -14.29% 


10 10 10 9 7 8 7 7 


10 5 -50.00% 9 7 -22.22% 8 9 12.50% 7 6 -14.29% 

5-Yr JAN avg 9 -46.81% 5-Yr JAN avg 9 -22.22% 5-Yr JAN avg 7 21.62% 5-Yr JAN avg 7 -18.92% 

6 


FAIRAX CITY DETACHED HOMES 

UNITS 

70 

FAIRFAX CITY DETACHED HOMES 


Over 5 Years 


VALUE 

800000 

60 

50 

40 

30 

20 

700000 

600000 

500000 

400000 

300000 

200000 

Avg Months 


0.42 

-19.99% -59.99% 


0.53 1.05 


1.05 0.42 -59.99% 

5-Yr JAN avg 1.35 -68.80% 

10 

100000 

0 

0 




100.00% 



28 

4.10% 32.02% -42.90% -32.31% 

0.00% -0.30% 211.11% 366.67% 


$610,000 $480,994 $9,483 $8,000 100.00% 100.30% 

9 6 


$480,994 $635,000 32.02% $8,000 $5,415 -32.31% 100.30% 100.00% -0.30% 6 28 366.67% 




-20.00% -60.00% 150.00% 25.00% 15.38% -21.05% -23.53% 225.00% 


10 20 6 12 13 19 17 4 


20 8 -60.00% 12 15 25.00% 19 15 -21.05% 4 13 225.00% 


13 


FAIRFAX CITY TOWNHOMES 

UNITS 

30 

FAIRFAX CITY TOWNHOMES 


Over 5 Years 


VALUE 

900000 

25 

20 

15 

10 

800000 

700000 

600000 

500000 

400000 

300000 

Avg Months 


0.00 

-100.00% -100.00% 


0.29 0.83 


0.83 0.00 -100.00% 

5-Yr JAN avg 0.88 -100.00% 

5 

200000 

100000 

0 

0 




100.00% 



24 

9.51% 36.36% -100.00% -100.00% 

-0.10% 4.49% 84.62% -50.00% 


$657,450 $528,000 $5,000 $2,000 100.10% 95.70% 

13 48 


$528,000 $720,000 36.36% $2,000 $0 -100.00% 95.70% 100.00% 4.49% 48 24 -50.00% 


Active Listings - 


-100.00% -100.00% 50.00% 0.00% 25.00% 150.00% -37.50% 25.00% 


2 5 2 3 4 2 8 4 


5 0 -100.00% 3 3 0.00% 2 5 150.00% 4 5 25.00% 


5 


|| FALLS CHURCH CITY OVERVIEW 




98.70% 



11 

38.05% 95.24% 141.56% 5.08% 

0.92% 1.86% -45.00% -8.33% 


$594,000 $420,000 $1,283 $2,950 97.80% 96.90% 

20 12 


$420,000 $820,000 95.24% $2,950 $3,100 5.08% 96.90% 98.70% 1.86% 12 11 -8.33% 


Median Days 

28 


-6.67% -6.67% 


30 30 


30 28 -6.67% 

5-Yr JAN avg 37 -24.73% 





Avg Months 


0.33 

-37.50% 0.00% 


0.53 0.33 


0.33 0.33 0.00% 

5-Yr JAN avg 1.32 -74.76% 



-37.50% 0.00% -20.00% 14.29% -30.00% 0.00% -25.00% 125.00% 


8 5 10 7 10 7 12 4 


5 5 0.00% 7 8 14.29% 7 7 0.00% 4 9 125.00% 

5-Yr JAN avg 1,677 -99.70% 5-Yr JAN avg 1,149 -99.30% 5-Yr JAN avg 994 -99.30% 5-Yr JAN avg 994 -99.09% 

9 


UNITS 

50 

45 

40 

35 

30 

25 

20 

15 

10 

5 

0 

FALLS CHURCH CITY 


Over 5 Years 


VALUE 

1200000 

1000000 

800000 

600000 

400000 

200000 

0 

UNITS 

30 

FALLS CHURCH CITY 





VALUE 

1600000 

25 

20 

1400000 

1200000 

1000000 

15 

800000 

10 

5 

600000 

400000 

200000 

0 

0 


FALLS CHURCH CITY CONDOMINIUMS 

UNITS 

18 

FALLS CHURCH CITY CONDOMINIUMS 


Over 5 Years 


VALUE 

700000 

16 

14 

12 

10 

8 

6 

4 

2 

600000 

500000 

400000 

300000 

200000 

100000 

Avg Months 


0.60 

-25.00% 20.00% 


0.80 0.50 


0.50 0.60 20.00% 

5-Yr JAN avg 0.82 -26.83% 

0 

0 




93.50% 



54 

5.26% -10.71% -100.00% -100.00% 

-3.21% -3.51% 14.89% 350.00% 


$356,250 $420,000 $625 $150 96.60% 96.90% 

47 12 


$420,000 $375,000 -10.71% $150 $0 -100.00% 96.90% 93.50% -3.51% 12 54 350.00% 

5-Yr JAN avg $375,240 -0.06% JAN % w/ Con 50.00% 0.00% -100.00% 5-Yr JAN avg 96.86% -3.47% 5-Yr JAN avg 37 47.54% 



-25.00% 50.00% 

0.00% 0.00% -25.00% 50.00% -50.00% 

0.00% 


4 2 3 3 4 2 6 3 


2 3 50.00% 3 3 0.00% 2 3 50.00% 3 3 0.00% 

5-Yr JAN avg 4 -25.00% 5-Yr JAN avg 3 0.00% 5-Yr JAN avg 3 15.38% 5-Yr JAN avg 3 15.38% 

3 


FALLS CHURCH CITY DETACHED HOMES 

UNITS 

30 

FALLS CHURCH CITY DETACHED HOMES 


Over 5 Years 


VALUE 

1600000 

25 

20 

15 

10 

5 

1400000 

1200000 

1000000 

800000 

600000 

400000 

200000 

Avg Months 


0.29 

-50.00% -14.28% 


0.57 0.33 


0.33 0.29 -14.28% 

5-Yr JAN avg 1.13 -74.67% 

0 

0 




100.00% 



5 

-21.80% #DIV/0! 19.23% #DIV/0! 

0.60% #DIV/0! -72.22% #DIV/0! 


$1,275,000 $0 $2,600 $0 99.40% 0.00% 

18 0 


$0 $997,000 #DIV/0! $0 $3,100 #DIV/0! 0.00% 100.00% #DIV/0! 0 5 #DIV/0! 

5-Yr JAN avg $795,499 25.33% JAN % w/ Con 0.00% 40.00% #DIV/0! 5-Yr JAN avg 77.60% 28.87% 5-Yr JAN avg 62 -91.88% 



-50.00% -33.33% -33.33% 0.00% -25.00% -40.00% 25.00% 400.00% 


4 3 6 4 4 5 4 1 


3 2 -33.33% 4 4 0.00% 5 3 -40.00% 1 5 400.00% 


5 


FALLS CHURCH CITY TOWNHOMES 

UNITS 

12 

FALLS CHURCH CITY TOWNHOMES 


Over 5 Years 


VALUE 

1200000 

10 

8 

6 

4 

1000000 

800000 

600000 

400000 

Avg Months 


0.00 

#DIV/0! #DIV/0! 


0.00 0.00 


0.00 0.00 #DIV/0! 

5-Yr JAN avg 0.20 -100.00% 

2 

200000 

0 

0 




95.90% 



34 

-11.50% #DIV/0! #DIV/0! -100.00% 

-3.03% #DIV/0! 70.00% #DIV/0! 


$757,050 $0 $0 $5,750 98.90% 0.00% 

20 0 


$0 $670,000 #DIV/0! $5,750 $0 -100.00% 0.00% 95.90% #DIV/0! 0 34 #DIV/0! 




#DIV/0! #DIV/0! 

0.00% #DIV/0! -50.00% #DIV/0! -50.00% #DIV/0! 


0 0 1 0 2 0 2 0 


0 0 #DIV/0! 0 1 #DIV/0! 0 1 #DIV/0! 0 1 #DIV/0! 


1 


|| MANASSAS CITY OVERVIEW 




100.00% 



8 

-5.50% 5.00% 

7.46% -32.92% 

0.00% 1.94% 

0.00% -69.23% 


$350,000 $315,000 $4,544 $7,280 100.00% 98.10% 

8 26 


$315,000 $330,750 5.00% $7,280 $4,883 -32.92% 98.10% 100.00% 1.94% 26 8 -69.23% 


Median Days 

33 


0.00% 

3.13% 


33 32 


32 33 3.13% 

5-Yr JAN avg 37 -11.76% 





Avg Months 


0.28 

-12.00% -67.28% 


0.32 0.85 


0.85 0.28 -67.28% 

5-Yr JAN avg 1.29 -78.40% 



-10.53% -63.04% 9.09% 4.35% 14.29% 14.29% -47.89% 27.59% 


19 46 44 46 42 42 71 29 


46 17 -63.04% 46 48 4.35% 42 48 14.29% 29 37 27.59% 


37 


JANUARY 2021 MANASSAS CITY OVERVIEW || 

UNITS 

200 

MANASSAS CITY 


Over 5 Years 


VALUE 

400000 

180 

160 

140 

120 

100 

80 

60 

40 

20 

0 

350000 

300000 

250000 

200000 

150000 

100000 

50000 

0 

UNITS 

70 

MANASSAS CITY 





VALUE 

600000 

60 

500000 

50 

40 

30 

20 

400000 

300000 

200000 

10 

100000 

0 

0 


MANASSAS CITY CONDOMINIUMS 

UNITS 

35 

MANASSAS CITY CONDOMINIUMS 


Over 5 Years 


VALUE 

400000 

30 

25 

20 

15 

10 

350000 

300000 

250000 

200000 

150000 

100000 

Avg Months 


0.23 

-7.68% -74.82% 


0.25 0.92 


0.92 0.23 -74.82% 

5-Yr JAN avg 1.52 -84.79% 

5 

50000 

0 

0 




98.80% 



13 

-5.85% 37.78% -100.00% -100.00% 

-1.20% 5.33% -23.53% -74.00% 


$300,000 $205,000 $2,770 $3,460 100.00% 93.80% 

17 50 


$205,000 $282,450 37.78% $3,460 $0 -100.00% 93.80% 98.80% 5.33% 50 13 -74.00% 




0.00% -72.73% 100.00% -28.57% -25.00% -14.29% -23.08% 100.00% 


3 11 5 14 8 7 13 5 


11 3 -72.73% 14 10 -28.57% 7 6 -14.29% 5 10 100.00% 


10 


MANASSAS CITY DETACHED HOMES 

UNITS 

70 

MANASSAS CITY DETACHED HOMES 


Over 5 Years 


VALUE 

600000 

60 

50 

40 

30 

20 

500000 

400000 

300000 

200000 

Avg Months 


0.30 

39.97% -50.01% 


0.22 0.61 


0.61 0.30 -50.01% 

5-Yr JAN avg 1.02 -70.11% 

10 

100000 

0 

0 




100.00% 



6 

-4.44% 4.88% 

-7.07% -45.55% 

-0.70% 2.25% 20.00% -79.31% 


$450,000 $410,000 $5,100 $8,705 100.70% 97.80% 

5 29 


$410,000 $430,000 4.88% $8,705 $4,740 -45.55% 97.80% 100.00% 2.25% 29 6 -79.31% 




40.00% -50.00% 25.00% 42.86% 26.67% 18.75% -48.00% 

8.33% 


5 14 16 14 15 16 25 12 


14 7 -50.00% 14 20 42.86% 16 19 18.75% 12 13 8.33% 

5-Yr JAN avg 23 -70.09% 5-Yr JAN avg 16 21.95% 5-Yr JAN avg 20 -4.04% 5-Yr JAN avg 20 -34.34% 

13 


MANASSAS CITY TOWNHOMES 

UNITS 

60 

MANASSAS CITY TOWNHOMES 


Over 5 Years 


VALUE 

350000 

50 

40 

30 

20 

300000 

250000 

200000 

150000 

100000 

Avg Months 


0.29 

-36.35% -75.00% 


0.46 1.17 


1.17 0.29 -75.00% 

5-Yr JAN avg 1.51 -80.64% 

10 

50000 

0 

0 




100.00% 



11 

-1.61% 8.93% 

5.73% -23.83% 

0.00% 0.00% 37.50% 0.00% 


$310,000 $280,000 $4,715 $6,546 100.00% 100.00% 

8 11 


$280,000 $305,000 8.93% $6,546 $4,986 -23.83% 100.00% 100.00% 0.00% 11 11 0.00% 




-36.36% -66.67% -21.74% 0.00% 21.05% 27.78% -57.58% 27.27% 


11 21 23 18 19 18 33 11 


21 7 -66.67% 18 18 0.00% 18 23 27.78% 11 14 27.27% 


14 


|| MANASSAS PARK CITY OVERVIEW 




102.00% 



4 

25.04% 36.06% -22.87% -46.06% 

0.79% 2.00% -20.00% -80.00% 


$345,500 $317,500 $5,537 $7,917 101.20% 100.00% 

5 20 


$317,500 $432,000 36.06% $7,917 $4,270 -46.06% 100.00% 102.00% 2.00% 20 4 -80.00% 


Median Days 

35 


16.67% -2.78% 


30 36 


36 35 -2.78% 

5-Yr JAN avg 40 -12.50% 





Avg Months 


0.13 

-40.02% -80.44% 


0.22 0.67 


0.67 0.13 -80.44% 

5-Yr JAN avg 1.00 -86.98% 



-40.00% -81.25% 0.00% 35.71% 

9.52% 15.00% -46.15% -12.50% 


5 16 19 14 21 20 26 16 


16 3 -81.25% 14 19 35.71% 20 23 15.00% 16 14 -12.50% 

5-Yr JAN avg 21 -85.44% 5-Yr JAN avg 17 13.10% 5-Yr JAN avg 23 -1.71% 5-Yr JAN avg 23 -40.17% 

14 


UNITS 

70 

60 

50 

40 

30 

20 

10 

0 

MANASSAS PARK CITY 


Over 5 Years 


VALUE 

500000 

450000 

400000 

350000 

300000 

250000 

200000 

150000 

100000 

50000 

0 

UNITS 

30 

MANASSAS PARK CITY 





VALUE 

600000 

25 

500000 

20 

400000 

15 

300000 

10 

200000 

5 

100000 

0 

0 


MANASSAS PARK CITY CONDOMINIUMS 

UNITS 

14 

MANASSAS PARK CITY CONDOMINIUMS 


Over 5 Years 


VALUE 

300000 

12 

10 

8 

6 

4 

250000 

200000 

150000 

100000 

Avg Months 


0.00 

-100.00% #DIV/0! 


0.67 0.00 


0.00 0.00 #DIV/0! 

5-Yr JAN avg 1.01 -100.00% 

2 

50000 

0 

0 




97.70% 



7 

-5.82% #DIV/0! -100.00% #DIV/0! 

-3.93% #DIV/0! 75.00% #DIV/0! 


$275,000 $0 $65 $0 101.70% 0.00% 

4 0 


$0 $259,000 #DIV/0! $65 $0 -100.00% 0.00% 97.70% #DIV/0! 0 7 #DIV/0! 

5-Yr JAN avg $151,300 71.18% JAN % w/ Con 0.00% #DIV/0! #DIV/0! 5-Yr JAN avg 75.92% 28.69% 5-Yr JAN avg 29 -75.52% 



-50.00% 0.00% -80.00% -83.33% 25.00% -37.50% -66.67% #DIV/0! 


2 1 5 6 4 8 3 0 


1 1 0.00% 6 1 -83.33% 8 5 -37.50% 0 1 #DIV/0! 


1 


MANASSAS PARK CITY DETACHED HOMES 

UNITS 

30 

MANASSAS PARK CITY DETACHED HOMES 


Over 5 Years 


VALUE 

600000 

25 

20 

15 

10 

500000 

400000 

300000 

200000 

Avg Months 


0.17 

-33.32% -78.33% 


0.25 0.77 


0.77 0.17 -78.33% 

5-Yr JAN avg 1.00 -83.28% 

5 

100000 

0 

0 




102.10% 



4 

19.09% 67.82% 27.75% -16.09% 

2.00% 2.10% -20.00% -73.33% 


$407,250 $289,000 $4,440 $6,760 100.10% 100.00% 

5 15 


$289,000 $485,000 67.82% $6,760 $5,672 -16.09% 100.00% 102.10% 2.10% 15 4 -73.33% 




-33.33% -80.00% 16.67% 100.00% 

0.00% 27.27% -28.57% -9.09% 


3 10 12 7 14 11 14 11 


10 2 -80.00% 7 14 100.00% 11 14 27.27% 11 10 -9.09% 


10 


MANASSAS PARK CITY TOWNHOMES 

UNITS 

25 

MANASSAS PARK CITY TOWNHOMES 


Over 5 Years 


VALUE 

450000 

20 

15 

10 

400000 

350000 

300000 

250000 

200000 

150000 

Avg Months 


0.00 

#DIV/0! -100.00% 


0.00 0.71 


0.71 0.00 -100.00% 

5-Yr JAN avg 1.01 -100.00% 

5 

100000 

50000 

0 

0 




101.90% 



2 

-19.70% -33.58% -100.00% -100.00% 

0.10% 0.59% -60.00% -95.74% 


$330,000 $399,000 $6,907 $9,768 101.80% 101.30% 

5 47 


$399,000 $265,000 -33.58% $9,768 $0 -100.00% 101.30% 101.90% 0.59% 47 2 -95.74% 

5-Yr JAN avg $303,889 -12.80% JAN % w/ Con 100.00% 0.00% -100.00% 5-Yr JAN avg 98.56% 3.39% 5-Yr JAN avg 41 -95.07% 



#DIV/0! -100.00% 100.00% 300.00% 33.33% 300.00% -66.67% -40.00% 


0 5 2 1 3 1 9 5 


5 0 -100.00% 1 4 300.00% 1 4 300.00% 5 3 -40.00% 


3 


Fairfax | Loudoun 

Prince William | Fauquier

|| FAIRFAX COUNTY OVERVIEW 




100.00% 



10 

-3.51% 6.72% 

-7.01% -4.92% 

0.00% 0.70% 25.00% -52.38% 


$570,000 $515,375 $6,933 $6,781 100.00% 99.30% 

8 21 


$515,375 $550,000 6.72% $6,781 $6,447 -4.92% 99.30% 100.00% 0.70% 21 10 -52.38% 


Median Days 

34 


6.25% 

0.00% 


32 34 


34 34 0.00% 

5-Yr JAN avg 37 -8.60% 





Avg Months 


0.67 

-11.01% -21.84% 


0.75 0.85 


0.85 0.67 -21.84% 

5-Yr JAN avg 1.32 -49.42% 


New Listings 1,295 New Pendings 1,185 Closed Listings 

-9.66% -17.40% 37.18% 9.01% 12.86% 19.46% -27.43% 30.91% 


1,046 1,144 944 1,188 1,050 992 1,389 770 


1,144 945 -17.40% 1,188 1,295 9.01% 992 1,185 19.46% 770 1,008 30.91% 

5-Yr JAN avg 1,677 -43.65% 5-Yr JAN avg 1,149 12.75% 5-Yr JAN avg 994 19.22% 5-Yr JAN avg 994 1.41% 

1,008 

- 42 -

JANUARY 2021 FAIRFAX COUNTY OVERVIEW || 

UNITS 

4500 

FAIRFAX COUNTY 


Over 5 Years 


VALUE 

700000 

4000 

3500 

3000 

2500 

600000 

500000 

400000 

2000 

1500 

1000 

500 

300000 

200000 

100000 

0 

0 

UNITS 

3000 

2500 

2000 

1500 

1000 

FAIRFAX COUNTY 





VALUE 

900000 

800000 

700000 

600000 

500000 

400000 

300000 

500 

0 

200000 

100000 

0 

- 43 -

FAIRFAX COUNTY CONDOMINIUMS 

UNITS 

900 

FAIRFAX COUNTY CONDOMINIUMS 


Over 5 Years 


VALUE 

350000 

800 

700 

600 

500 

400 

300 

200 

100 

300000 

250000 

200000 

150000 

100000 

50000 

Avg Months 


1.36 

-3.08% 74.45% 


1.40 0.78 


0.78 1.36 74.45% 

5-Yr JAN avg 1.38 -1.51% 

0 

0 




98.80% 



32 

-2.13% -2.83% 

-9.63% -2.24% 

-0.50% -1.20% 77.78% 146.15% 


$305,000 $307,200 $5,205 $4,812 99.30% 100.00% 

18 13 


$307,200 $298,500 -2.83% $4,812 $4,704 -2.24% 100.00% 98.80% -1.20% 13 32 146.15% 




-1.01% 76.92% 62.87% 44.03% 25.76% 61.95% -14.53% 40.56% 


395 221 237 268 264 205 296 180 


221 391 76.92% 268 386 44.03% 205 332 61.95% 180 253 40.56% 


253 


January 2021 

Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 

Fairfax County 996 $ 652,605 $ 346.79 23 98.93% 

Condominium 223 $ 306,315 $ 292.56 223 98.00% 

Alexandria 46 $ 296,304 $ 286.29 46 98.48% 

2 Beds or less 41 $ 285,963 $ 287.93 41 98.42% 

3 Beds 5 $ 381,100 $ 273.52 5 98.85% 

Annandale 14 $ 233,271 $ 238.54 14 98.04% 

2 Beds or less 10 $ 224,930 $ 253.25 10 98.99% 

3 Beds 3 $ 240,500 $ 203.24 3 93.85% 

4 to 5 Beds 1 $ 295,000 $ 197.32 1 101.72% 

Burke 1 $ 190,000 $ 210.64 1 100.00% 

3 Beds 1 $ 190,000 $ 210.64 1 100.00% 

Centreville 4 $ 257,500 $ 242.07 4 99.76% 

2 Beds or less 4 $ 257,500 $ 242.07 4 99.76% 

Chantilly 1 $ 290,000 $ 273.84 1 100.00% 

2 Beds or less 1 $ 290,000 $ 273.84 1 100.00% 

Clifton 3 $ 227,333 $ 257.72 3 94.74% 

2 Beds or less 3 $ 227,333 $ 257.72 3 94.74% 

Fairfax 31 $ 330,377 $ 311.53 31 98.92% 

2 Beds or less 23 $ 324,073 $ 321.57 23 98.51% 

3 Beds 8 $ 348,500 $ 282.67 8 100.04% 

Falls Church 31 $ 278,154 $ 279.94 31 97.57% 

2 Beds or less 26 $ 260,303 $ 284.39 26 97.47% 

3 Beds 5 $ 370,980 $ 256.79 5 97.94% 

Herndon 13 $ 276,531 $ 278.97 13 97.03% 

2 Beds or less 12 $ 276,325 $ 284.40 12 96.79% 

3 Beds 1 $ 279,000 $ 213.79 1 100.00% 

Lorton 9 $ 306,144 $ 259.88 9 98.38% 

2 Beds or less 9 $ 306,144 $ 259.88 9 98.38% 

Mclean 14 $ 365,993 $ 359.13 14 97.49% 

2 Beds or less 12 $ 361,575 $ 370.48 12 97.27% 

3 Beds 2 $ 392,500 $ 291.06 2 98.74% 

Mosby 1 $ 375,000 $ 369.82 1 100.00% 

2 Beds or less 1 $ 375,000 $ 369.82 1 100.00% 

Oakton 9 $ 265,989 $ 262.15 9 98.68% 

2 Beds or less 8 $ 259,863 $ 269.31 8 98.96% 

3 Beds 1 $ 315,000 $ 204.81 1 96.92% 

Reston 27 $ 361,522 $ 306.95 27 97.18% 

2 Beds or less 18 $ 345,253 $ 318.58 18 97.72% 

3 Beds 9 $ 394,060 $ 283.70 9 96.25% 

Springfield 9 $ 261,211 $ 271.06 9 98.99% 

2 Beds or less 9 $ 261,211 $ 271.06 9 98.99% 

Vienna 10 $ 400,100 $ 370.79 10 96.95% 

2 Beds or less 9 $ 390,667 $ 372.53 9 96.94% 

3 Beds 1 $ 485,000 $ 355.05 1 97.00% 


FAIRFAX COUNTY DETACHED HOMES 

UNITS 

3000 

FAIRFAX COUNTY DETACHED HOMES 


Over 5 Years 


VALUE 

900000 

2500 

2000 

1500 

1000 

800000 

700000 

600000 

500000 

400000 

300000 

Avg Months 


0.64 

-11.34% -42.03% 


0.72 1.10 


1.10 0.64 -42.03% 

5-Yr JAN avg 1.70 -62.29% 

500 

200000 

100000 

0 

0 




100.00% 



7 

1.91% 15.29% 

-6.23% 7.56% 

0.00% 1.63% -12.50% -78.13% 


$758,000 $670,000 $9,389 $8,186 100.00% 98.40% 

8 32 


$670,000 $772,450 15.29% $8,186 $8,804 7.56% 98.40% 100.00% 1.63% 32 7 -78.13% 




-10.59% -38.96% 44.42% -4.28% 16.81% 5.39% -35.89% 18.90% 


510 747 403 608 452 501 677 365 


747 456 -38.96% 608 582 -4.28% 501 528 5.39% 365 434 18.90% 

5-Yr JAN avg 1,088 -58.08% 5-Yr JAN avg 607 -4.09% 5-Yr JAN avg 486 8.55% 5-Yr JAN avg 486 -10.77% 

434 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 


Detached 434 $ 932,739 $ 387.38 434 98.53% 

Alexandria 91 $ 769,222 $ 398.45 91 99.11% 

2 Beds or less 4 $ 506,000 $ 418.55 4 98.36% 

3 Beds 22 $ 624,343 $ 428.67 22 98.13% 

4 to 5 Beds 59 $ 780,906 $ 391.06 59 99.37% 

6 Beds or more 6 $ 1,361,042 $ 346.89 6 99.54% 

Annandale 20 $ 777,020 $ 405.61 20 99.69% 

3 Beds 5 $ 621,400 $ 413.30 5 100.67% 

4 to 5 Beds 14 $ 802,386 $ 413.64 14 100.26% 

6 Beds or more 1 $ 1,200,000 $ 254.72 1 92.45% 

Burke 9 $ 635,111 $ 338.78 9 102.12% 

3 Beds 1 $ 630,000 $ 264.48 1 109.57% 

4 to 5 Beds 7 $ 650,857 $ 360.89 7 103.55% 

6 Beds or more 1 $ 530,000 $ 258.28 1 85.13% 

Centreville 16 $ 718,900 $ 286.46 16 102.19% 

3 Beds 4 $ 569,000 $ 376.27 4 102.81% 

4 to 5 Beds 11 $ 777,045 $ 260.86 11 102.41% 

6 Beds or more 1 $ 678,900 $ 208.76 1 97.68% 

Chantilly 7 $ 770,143 $ 311.37 7 93.53% 

3 Beds 2 $ 598,750 $ 371.03 2 102.35% 

4 to 5 Beds 4 $ 828,750 $ 292.95 4 89.38% 

6 Beds or more 1 $ 878,500 $ 265.73 1 99.27% 

Clifton 8 $ 953,563 $ 277.63 8 99.42% 

4 to 5 Beds 7 $ 977,071 $ 287.85 7 99.35% 

6 Beds or more 1 $ 789,000 $ 206.11 1 100.00% 

Dunn Loring 2 $ 902,500 $ 403.74 2 101.13% 

3 Beds 1 $ 795,000 $ 441.67 1 100.00% 

4 to 5 Beds 1 $ 1,010,000 $ 365.81 1 102.03% 

Fairfax 40 $ 788,767 $ 350.34 40 100.38% 

2 Beds or less 1 $ 655,550 $ 533.84 1 119.19% 

3 Beds 3 $ 626,000 $ 349.71 3 104.62% 

4 to 5 Beds 35 $ 773,918 $ 344.17 35 100.00% 

6 Beds or more 1 $ 1,930,000 $ 384.39 1 96.55% 

Fairfax Station 13 $ 923,269 $ 305.40 13 98.48% 

2 Beds or less 1 $ 550,000 $ 338.67 1 91.67% 

3 Beds 2 $ 746,750 $ 379.10 2 99.30% 

4 to 5 Beds 10 $ 995,900 $ 287.33 10 98.76% 

Falls Church 32 $ 845,177 $ 442.60 32 98.38% 

3 Beds 11 $ 663,897 $ 537.21 11 99.56% 

4 to 5 Beds 17 $ 867,812 $ 418.56 17 98.87% 

6 Beds or more 4 $ 1,247,500 $ 284.59 4 95.34% 

Great Falls 24 $ 1,461,693 $ 365.48 24 97.40% 

3 Beds 2 $ 1,030,675 $ 370.35 2 76.35% 

4 to 5 Beds 19 $ 1,455,488 $ 371.63 19 99.16% 

6 Beds or more 3 $ 1,788,333 $ 323.28 3 98.84% 

Herndon 20 $ 702,305 $ 378.07 20 101.15% 

3 Beds 1 $ 532,500 $ 482.34 1 99.53% 


6 Beds or more 1 $ 1,119,000 $ 248.72 1 97.39% 

Lorton 7 $ 604,284 $ 286.38 7 99.47% 

3 Beds 2 $ 571,187 $ 256.98 2 100.12% 

4 to 5 Beds 5 $ 617,523 $ 298.14 5 99.23% 

Mclean 36 $ 1,756,498 $ 506.44 36 95.81% 

2 Beds or less 1 $ 730,000 $ 597.38 1 104.30% 

3 Beds 1 $ 900,000 $ 507.90 1 105.89% 

4 to 5 Beds 24 $ 1,349,225 $ 506.30 24 95.85% 

6 Beds or more 10 $ 2,922,252 $ 497.56 10 95.30% 

Oak Hill 2 $ 858,750 $ 340.86 2 99.65% 

4 to 5 Beds 2 $ 858,750 $ 340.86 2 99.65% 

Oakton 9 $ 957,389 $ 394.56 9 95.39% 

3 Beds 2 $ 820,000 $ 504.17 2 84.54% 

4 to 5 Beds 7 $ 996,643 $ 363.24 7 98.36% 

Reston 12 $ 804,875 $ 327.06 12 100.70% 

3 Beds 1 $ 658,500 $ 381.08 1 99.02% 


6 Beds or more 1 $ 765,000 $ 409.53 1 98.71% 


FAIRFAX COUNTY TOWNHOMES 

UNITS 

900 

FAIRFAX COUNTY TOWNHOMES 


Over 5 Years 


VALUE 

600000 

800 

700 

600 

500 

400 

300 

500000 

400000 

300000 

200000 

Avg Months 


0.24 

-31.83% -49.16% 


0.35 0.47 


0.47 0.24 -49.16% 

5-Yr JAN avg 0.64 -62.96% 

200 

100 

100000 

0 

0 




100.00% 



7 

2.06% 7.61% 

3.75% -7.59% 

0.00% 0.00% 

0.00% -41.67% 


$485,000 $460,000 $5,294 $5,943 100.00% 100.00% 

7 12 


$460,000 $495,000 7.61% $5,943 $5,492 -7.59% 100.00% 100.00% 0.00% 12 7 -41.67% 




-30.50% -44.32% 

7.57% 4.81% 

-2.69% 13.64% -22.84% 42.67% 


141 176 304 312 334 286 416 225 


176 98 -44.32% 312 327 4.81% 286 325 13.64% 225 321 42.67% 


321 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 


Townhome 339 $ 521,762 $ 330.22 339 100.24% 

Alexandria 65 $ 517,019 $ 324.67 65 100.09% 

2 Beds or less 9 $ 416,897 $ 317.72 9 98.64% 

3 Beds 46 $ 511,730 $ 329.68 46 100.41% 

4 to 5 Beds 10 $ 631,462 $ 308.40 10 99.80% 

Annandale 7 $ 445,214 $ 296.28 7 99.83% 

3 Beds 5 $ 449,300 $ 287.95 5 100.12% 

4 to 5 Beds 2 $ 435,000 $ 317.11 2 99.09% 

Burke 17 $ 451,612 $ 321.84 17 101.47% 

3 Beds 16 $ 453,713 $ 324.11 16 101.52% 

4 to 5 Beds 1 $ 418,000 $ 285.52 1 100.72% 

Centreville 47 $ 424,302 $ 301.84 47 100.68% 

2 Beds or less 5 $ 367,398 $ 311.59 5 98.56% 


4 to 5 Beds 8 $ 489,488 $ 308.76 8 99.98% 

Chantilly 2 $ 261,000 $ 289.76 2 93.38% 

2 Beds or less 2 $ 261,000 $ 289.76 2 93.38% 

Clifton 3 $ 406,963 $ 357.75 3 98.87% 

2 Beds or less 1 $ 375,000 $ 378.02 1 101.35% 

3 Beds 2 $ 422,944 $ 347.61 2 97.80% 

Dunn Loring 1 $ 775,000 $ 360.13 1 101.31% 


Fairfax 37 $ 578,339 $ 355.65 37 100.94% 

2 Beds or less 5 $ 402,400 $ 354.73 5 100.45% 

3 Beds 28 $ 596,288 $ 352.00 28 100.90% 


Falls Church 13 $ 685,269 $ 376.18 13 100.52% 

2 Beds or less 2 $ 387,750 $ 318.56 2 98.29% 


4 to 5 Beds 3 $ 1,033,833 $ 432.07 3 99.60% 

Herndon 28 $ 472,175 $ 290.15 28 98.82% 

3 Beds 24 $ 452,413 $ 290.96 24 99.07% 

4 to 5 Beds 4 $ 590,750 $ 285.31 4 97.69% 

Lorton 22 $ 433,452 $ 285.05 22 100.41% 

2 Beds or less 4 $ 315,500 $ 308.58 4 97.46% 

3 Beds 15 $ 454,630 $ 266.81 15 100.83% 


Mclean 9 $ 1,026,278 $ 472.59 9 98.83% 

2 Beds or less 1 $ 505,000 $ 604.07 1 87.08% 

3 Beds 5 $ 1,176,300 $ 469.93 5 99.64% 

4 to 5 Beds 3 $ 950,000 $ 433.19 3 99.55% 

Oakton 8 $ 649,061 $ 347.75 8 98.08% 

3 Beds 4 $ 639,498 $ 347.79 4 98.66% 

4 to 5 Beds 4 $ 658,625 $ 347.72 4 97.53% 

Reston 39 $ 525,865 $ 327.94 39 100.45% 

2 Beds or less 5 $ 480,000 $ 355.41 5 99.28% 


4 to 5 Beds 3 $ 584,000 $ 287.71 3 96.27% 

Springfield 25 $ 453,174 $ 324.33 25 100.97% 

2 Beds or less 4 $ 363,250 $ 311.66 4 98.52% 


4 to 5 Beds 4 $ 487,375 $ 326.79 4 99.06% 

Vienna 16 $ 667,891 $ 416.60 16 100.74% 

2 Beds or less 1 $ 460,000 $ 473.25 1 104.57% 

3 Beds 13 $ 670,673 $ 416.30 13 99.83% 

4 to 5 Beds 2 $ 753,750 $ 390.24 2 105.16% 


|| LOUDOUN COUNTY OVERVIEW 




100.20% 



6 

0.91% 10.49% 

-1.31% -13.81% 

0.20% 0.91% 

0.00% -64.71% 


$542,000 $495,000 $6,066 $6,946 100.00% 99.30% 

6 17 


$495,000 $546,919 10.49% $6,946 $5,987 -13.81% 99.30% 100.20% 0.91% 17 6 -64.71% 


` 

Median Days 

34 


3.03% -5.56% 


33 36 


36 34 -5.56% 

5-Yr JAN avg 39 -11.92% 





Avg Months 


0.33 

-10.48% -68.22% 


0.37 1.04 


1.04 0.33 -68.22% 

5-Yr JAN avg 1.67 -80.29% 



-8.82% -63.95% 24.07% -4.29% 15.29% 17.00% -33.23% 46.71% 


238 602 432 560 412 406 635 289 


602 217 -63.95% 560 536 -4.29% 406 475 17.00% 289 424 46.71% 


424 


UNITS 

2500 

LOUDOUN COUNTY 


Over 5 Years 


VALUE 

600000 

2000 

500000 

1500 

400000 

300000 

1000 

200000 

500 

100000 

0 

0 

UNITS 

1400 

LOUDOUN COUNTY 





VALUE 

800000 

1200 

700000 

1000 

800 

600 

400 

200 

600000 

500000 

400000 

300000 

200000 

100000 

0 

0 


LOUDOUN COUNTY CONDOMINIUMS 

UNITS 

250 

LOUDOUN COUNTY CONDOMINIUMS 


Over 5 Years 


VALUE 

400000 

200 

150 

100 

50 

350000 

300000 

250000 

200000 

150000 

100000 

50000 

Avg Months 


0.45 

12.27% -49.10% 


0.40 0.89 


0.89 0.45 -49.10% 

5-Yr JAN avg 1.25 -63.70% 

0 

0 




100.00% 



9 

7.69% 10.66% -40.35% -41.00% 

0.00% 1.32% -18.18% -43.75% 


$341,250 $332,100 $4,560 $4,610 100.00% 98.70% 

11 16 


$332,100 $367,500 10.66% $4,610 $2,720 -41.00% 98.70% 100.00% 1.32% 16 9 -43.75% 




15.22% -40.45% 34.07% 7.96% 

6.52% 30.67% -25.41% 54.24% 


46 89 91 113 92 75 122 59 


89 53 -40.45% 113 122 7.96% 75 98 30.67% 59 91 54.24% 


91 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 

Loudoun County 420 $ 608,702 $ 261.37 17 100.53% 

Condominium 40 $ 320,563 $ 253.01 40 99.27% 

Aldie 1 $ 335,000 $ 214.47 1 98.53% 

3 Beds 1 $ 335,000 $ 214.47 1 98.53% 

Ashburn 17 $ 385,002 $ 265.80 17 99.54% 

2 Beds or less 14 $ 362,475 $ 271.85 14 99.18% 

3 Beds 3 $ 490,126 $ 237.56 3 100.78% 

Brambleton 2 $ 226,500 $ 314.03 2 100.11% 

2 Beds or less 2 $ 226,500 $ 314.03 2 100.11% 

Chantilly 1 $ 425,000 $ 264.96 1 99.07% 

3 Beds 1 $ 425,000 $ 264.96 1 99.07% 

Leesburg 15 $ 267,067 $ 241.85 15 99.00% 

2 Beds or less 8 $ 239,938 $ 235.99 8 97.39% 

3 Beds 7 $ 298,071 $ 248.56 7 100.53% 

Sterling 4 $ 264,625 $ 216.68 4 98.57% 

2 Beds or less 4 $ 264,625 $ 216.68 4 98.57% 


LOUDOUN COUNTY DETACHED HOMES 

UNITS 

1400 

LOUDOUN COUNTY DETACHED HOMES 


Over 5 Years 


VALUE 

800000 

1200 

1000 

800 

600 

400 

700000 

600000 

500000 

400000 

300000 

200000 

Avg Months 


0.42 

-15.28% -71.19% 


0.50 1.46 


1.46 0.42 -71.19% 

5-Yr JAN avg 2.39 -82.41% 

200 

100000 

0 

0 




100.30% 



6 

-3.64% 12.46% 

-1.01% -16.59% 

0.30% 1.31% 

0.00% -81.82% 


$748,138 $641,000 $6,488 $7,701 100.00% 99.00% 

6 33 


$641,000 $720,900 12.46% $7,701 $6,423 -16.59% 99.00% 100.30% 1.31% 33 6 -81.82% 




-13.64% -65.90% 16.02% -14.95% 21.98% 12.12% -27.56% 54.14% 


154 390 206 281 182 198 283 133 


390 133 -65.90% 281 239 -14.95% 198 222 12.12% 133 205 54.14% 


205 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 


Detached 207 $ 764,901 $ 276.32 207 100.18% 

Aldie 14 $ 915,493 $ 281.46 14 101.57% 

3 Beds 1 $ 725,000 $ 349.90 1 100.00% 

4 to 5 Beds 9 $ 845,148 $ 283.80 9 103.48% 

6 Beds or more 4 $ 1,121,391 $ 260.83 4 98.73% 

Ashburn 21 $ 858,973 $ 269.51 21 99.53% 


4 to 5 Beds 16 $ 825,902 $ 268.97 16 100.04% 

6 Beds or more 2 $ 1,450,000 $ 234.44 2 96.19% 

Bluemont 1 $ 950,000 $ 297.90 1 95.19% 

4 to 5 Beds 1 $ 950,000 $ 297.90 1 95.19% 

Brambleton 4 $ 890,000 $ 264.51 4 103.65% 

4 to 5 Beds 4 $ 890,000 $ 264.51 4 103.65% 

Broadlands 2 $ 1,030,003 $ 279.24 2 100.49% 


6 Beds or more 1 $ 1,300,005 $ 278.85 1 100.00% 

Chantilly 13 $ 885,308 $ 237.95 13 102.50% 

4 to 5 Beds 12 $ 847,417 $ 238.83 12 100.60% 

6 Beds or more 1 $ 1,340,000 $ 227.39 1 119.64% 

Hamilton 8 $ 669,613 $ 249.34 8 99.32% 

2 Beds or less 1 $ 410,000 $ 375.80 1 88.17% 

4 to 5 Beds 6 $ 693,483 $ 239.40 6 99.57% 

6 Beds or more 1 $ 786,000 $ 182.54 1 104.80% 

Hillsboro 1 $ 435,000 $ 203.18 1 98.86% 

3 Beds 1 $ 435,000 $ 203.18 1 98.86% 

Leesburg 53 $ 794,725 $ 275.36 53 99.28% 

2 Beds or less 2 $ 457,500 $ 330.22 2 95.87% 

3 Beds 11 $ 504,282 $ 294.63 11 97.67% 

4 to 5 Beds 35 $ 840,451 $ 269.19 35 100.73% 

6 Beds or more 5 $ 1,248,500 $ 254.26 5 94.70% 

Lovettsville 6 $ 626,833 $ 240.08 6 100.03% 

2 Beds or less 1 $ 555,000 $ 242.57 1 99.12% 

3 Beds 3 $ 502,000 $ 274.09 3 100.41% 

6 Beds or more 2 $ 850,000 $ 187.80 2 100.00% 

Middleburg 3 $ 950,000 $ 512.04 3 98.79% 

2 Beds or less 2 $ 1,150,000 $ 552.88 2 100.00% 

3 Beds 1 $ 550,000 $ 430.36 1 94.02% 

Paeonian Springs 1 $ 1,095,000 $ 225.73 1 97.33% 

4 to 5 Beds 1 $ 1,095,000 $ 225.73 1 97.33% 

Purcellville 17 $ 803,913 $ 277.23 17 102.90% 


4 to 5 Beds 14 $ 827,180 $ 271.50 14 102.65% 

6 Beds or more 1 $ 920,000 $ 307.28 1 108.24% 

Round Hill 16 $ 726,955 $ 253.74 16 98.27% 

2 Beds or less 1 $ 528,000 $ 240.44 1 100.00% 

3 Beds 5 $ 860,180 $ 310.85 5 94.96% 

4 to 5 Beds 10 $ 680,238 $ 226.52 10 100.35% 

Sterling 44 $ 575,094 $ 295.15 44 101.29% 

3 Beds 10 $ 488,100 $ 311.98 10 100.03% 


6 Beds or more 1 $ 523,000 $ 459.58 1 101.55% 

Waterford 3 $ 1,060,000 $ 284.45 3 91.55% 

4 to 5 Beds 3 $ 1,060,000 $ 284.45 3 91.55% 


LOUDOUN COUNTY TOWNHOMES 

UNITS 

400 

LOUDOUN COUNTY TOWNHOMES 


Over 5 Years 


VALUE 

600000 

350 

300 

250 

200 

150 

100 

50 

500000 

400000 

300000 

200000 

100000 

Avg Months 


0.14 

-19.49% -76.26% 


0.17 0.58 


0.58 0.14 -76.26% 

5-Yr JAN avg 0.87 -84.05% 

0 

0 







5 

3.36% 12.25% 10.16% 3.28% 

0.60% 1.30% 

0.00% -50.00% 


$491,000 $452,100 $5,937 $6,332 100.70% 100.00% 

5 10 


$452,100 $507,500 12.25% $6,332 $6,540 3.28% 100.00% 101.30% 1.30% 10 5 -50.00% 




-18.42% -74.80% 29.63% 5.42% 12.32% 16.54% -44.35% 31.96% 


38 123 135 166 138 133 230 97 


123 31 -74.80% 166 175 5.42% 133 155 16.54% 97 128 31.96% 


128 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 


Townhome 173 $ 488,426 $ 245.47 173 101.40% 

Aldie 15 $ 440,394 $ 218.02 15 101.74% 

2 Beds or less 4 $ 373,625 $ 256.28 4 103.62% 


Ashburn 47 $ 516,879 $ 248.75 47 102.21% 

2 Beds or less 9 $ 433,299 $ 269.71 9 103.92% 

3 Beds 30 $ 521,601 $ 244.63 30 101.85% 

4 to 5 Beds 8 $ 593,200 $ 242.69 8 102.02% 

Brambleton 10 $ 621,314 $ 229.01 10 100.99% 

2 Beds or less 1 $ 365,400 $ 224.31 1 100.00% 


4 to 5 Beds 3 $ 721,767 $ 219.71 3 100.57% 

Broadlands 2 $ 637,500 $ 234.01 2 104.08% 

3 Beds 2 $ 637,500 $ 234.01 2 104.08% 

Chantilly 23 $ 489,178 $ 224.43 23 101.48% 



Leesburg 34 $ 513,131 $ 241.92 34 100.95% 



4 to 5 Beds 11 $ 614,872 $ 227.14 11 100.62% 

Potomac Falls 1 $ 730,000 $ 266.03 1 100.00% 

3 Beds 1 $ 730,000 $ 266.03 1 100.00% 

Round Hill 1 $ 360,000 $ 264.71 1 101.41% 


Sterling 40 $ 408,068 $ 270.79 40 100.55% 

2 Beds or less 11 $ 320,645 $ 295.63 11 98.23% 

3 Beds 24 $ 445,275 $ 265.26 24 100.70% 

4 to 5 Beds 5 $ 421,800 $ 242.75 5 103.90% 


|| PRINCE WILLIAM COUNTY OVERVIEW 







6 

-2.86% 11.78% 

-9.20% -26.43% 

0.60% 2.12% 

0.00% -71.43% 


$420,000 $365,000 $6,413 $7,914 100.40% 98.90% 

6 21 


$365,000 $408,000 11.78% $7,914 $5,823 -26.43% 98.90% 101.00% 2.12% 21 6 -71.43% 


Median Days 

35 


6.06% 

0.00% 


33 35 


35 35 0.00% 

5-Yr JAN avg 39 -9.79% 





Avg Months 


0.26 

-16.18% -63.49% 


0.31 0.72 


0.72 0.26 -63.49% 

5-Yr JAN avg 1.34 -80.53% 



-14.75% -59.16% 15.07% 3.48% 

8.01% 7.59% -29.85% 35.58% 


217 453 491 546 512 514 717 371 


453 185 -59.16% 546 565 3.48% 514 553 7.59% 371 503 35.58% 


503 


UNITS 

2500 

PRINCE WILLIAM COUNTY 


Over 5 Years 


VALUE 

450000 

2000 

400000 

350000 

1500 

300000 

250000 

1000 

200000 

150000 

500 

100000 

50000 

0 

0 

UNITS 

1200 

PRINCE WILLIAM COUNTY 





VALUE 

600000 

1000 

500000 

800 

400000 

600 

300000 

400 

200000 

200 

100000 

0 

0 


PRINCE WILLIAM COUNTY CONDOMINIUMS 

UNITS 

250 

PRINCE WILLIAM COUNTY CONDOMINIUMS 


Over 5 Years 


VALUE 

350000 

200 

150 

100 

50 

300000 

250000 

200000 

150000 

100000 

50000 

Avg Months 


0.25 

-14.56% -50.58% 


0.29 0.50 


0.50 0.25 -50.58% 

5-Yr JAN avg 1.33 -81.48% 

0 

0 




100.00% 



10 

-0.65% 13.88% 18.08% -8.14% 

0.00% 0.60% 42.86% -41.18% 


$310,000 $270,450 $3,409 $4,382 100.00% 99.40% 

7 17 


$270,450 $308,000 13.88% $4,382 $4,025 -8.14% 99.40% 100.00% 0.60% 17 10 -41.18% 




-12.50% -47.50% 35.71% -1.30% 

4.23% 5.71% -22.99% 55.81% 


24 40 56 77 71 70 87 43 


40 21 -47.50% 77 76 -1.30% 70 74 5.71% 43 67 55.81% 


67 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 

Prince William County 506 $ 450,690 $ 251.63 13 101.21% 

Condominium 25 $ 253,632 $ 198.34 25 98.79% 

Gainesville 3 $ 316,000 $ 179.30 3 98.87% 

2 Beds or less 1 $ 272,000 $ 195.97 1 90.70% 

3 Beds 2 $ 338,000 $ 170.96 2 102.60% 

Haymarket 1 $ 435,000 $ 269.52 1 100.02% 

4 to 5 Beds 1 $ 435,000 $ 269.52 1 100.02% 

Manassas 5 $ 212,160 $ 197.03 5 98.23% 

2 Beds or less 5 $ 212,160 $ 197.03 5 98.23% 

Woodbridge 16 $ 243,563 $ 197.87 16 98.78% 

2 Beds or less 12 $ 240,250 $ 201.44 12 98.35% 

3 Beds 4 $ 253,500 $ 187.16 4 100.03% 


PRINCE WILLIAM COUNTY DETACHED HOMES 

UNITS 

1200 

PRINCE WILLIAM COUNTY DETACHED HOMES 


Over 5 Years 


VALUE 

600000 

1000 

800 

600 

400 

500000 

400000 

300000 

200000 

Avg Months 


0.29 

-18.15% -66.02% 


0.35 0.84 


0.84 0.29 -66.02% 

5-Yr JAN avg 1.57 -81.86% 

200 

100000 

0 

0 







6 

-3.83% 11.76% 

-8.41% -22.65% 

0.60% 3.05% 

0.00% -81.82% 


$528,750 $455,000 $7,432 $8,799 100.80% 98.40% 

6 33 


$455,000 $508,500 11.76% $8,799 $6,806 -22.65% 98.40% 101.40% 3.05% 33 6 -81.82% 




-16.91% -61.56% 

8.92% 0.69% 

6.39% 2.91% -29.79% 32.84% 


136 294 269 291 266 275 386 204 


294 113 -61.56% 291 293 0.69% 275 283 2.91% 204 271 32.84% 


271 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 


Detached 274 $ 534,030 $ 269.16 274 101.36% 

Bristow 25 $ 597,838 $ 223.25 25 103.30% 

2 Beds or less 1 $ 402,000 $ 207.22 1 96.89% 


4 to 5 Beds 21 $ 606,833 $ 222.26 21 103.65% 

6 Beds or more 2 $ 647,500 $ 185.67 2 102.79% 

Broad Run 1 $ 500,000 $ 254.84 1 100.00% 

2 Beds or less 1 $ 500,000 $ 254.84 1 100.00% 

Catharpin 1 $ 800,000 $ 357.14 1 100.00% 

4 to 5 Beds 1 $ 800,000 $ 357.14 1 100.00% 

Dumfries 24 $ 495,050 $ 233.11 24 100.29% 

2 Beds or less 2 $ 409,950 $ 229.59 2 97.61% 

3 Beds 5 $ 368,080 $ 207.72 5 97.69% 


6 Beds or more 1 $ 940,000 $ 297.00 1 98.95% 

Gainesville 19 $ 667,200 $ 217.83 19 101.77% 

3 Beds 3 $ 568,300 $ 210.67 3 100.89% 

4 to 5 Beds 14 $ 654,064 $ 223.47 14 102.29% 

6 Beds or more 2 $ 907,500 $ 189.12 2 100.00% 

Haymarket 19 $ 688,747 $ 266.83 19 100.26% 

3 Beds 2 $ 597,000 $ 313.39 2 94.76% 


6 Beds or more 1 $ 535,000 $ 266.43 1 97.29% 

Manassas 49 $ 544,536 $ 267.72 49 102.04% 

3 Beds 13 $ 401,404 $ 299.08 13 100.30% 

4 to 5 Beds 35 $ 592,544 $ 258.36 35 102.43% 

6 Beds or more 1 $ 725,000 $ 187.97 1 103.72% 

Manassas Park 1 $ 355,000 $ 234.32 1 101.43% 


Nokesville 12 $ 664,083 $ 277.42 12 99.59% 

2 Beds or less 2 $ 555,000 $ 291.70 2 98.23% 

3 Beds 3 $ 499,333 $ 365.87 3 99.91% 

4 to 5 Beds 6 $ 751,833 $ 232.51 6 99.75% 

6 Beds or more 1 $ 850,000 $ 252.98 1 100.00% 

Triangle 7 $ 441,714 $ 228.89 7 101.93% 

3 Beds 3 $ 325,333 $ 288.90 3 99.74% 

4 to 5 Beds 4 $ 529,000 $ 183.89 4 102.97% 

Woodbridge 116 $ 468,412 $ 297.39 116 101.18% 

2 Beds or less 1 $ 783,606 $ - 1 100.00% 

3 Beds 24 $ 391,233 $ 337.91 24 102.73% 


6 Beds or more 7 $ 601,864 $ 244.72 7 99.72% 


PRINCE WILLIAM COUNTY TOWNHOMES 

UNITS 

400 

PRINCE WILLIAM COUNTY TOWNHOMES 


Over 5 Years 


VALUE 

400000 

350 

300 

250 

200 

150 

100 

350000 

300000 

250000 

200000 

150000 

100000 

Avg Months 


0.23 

-12.10% -61.52% 


0.26 0.59 


0.59 0.23 -61.52% 

5-Yr JAN avg 0.94 -76.00% 

50 

50000 

0 

0 







6 

0.08% 10.09% -13.65% -32.17% 

0.90% 1.20% 

0.00% -62.50% 


$359,700 $327,000 $5,579 $7,102 100.30% 100.00% 

6 16 


$327,000 $360,000 10.09% $7,102 $4,818 -32.17% 100.00% 101.20% 1.20% 16 6 -62.50% 




-10.53% -57.14% 18.07% 10.11% 12.00% 15.98% -32.38% 33.06% 


57 119 166 178 175 169 244 124 


119 51 -57.14% 178 196 10.11% 169 196 15.98% 124 165 33.06% 


165 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 


Townhome 207 $ 364,174 $ 234.95 207 101.12% 

Bristow 11 $ 400,618 $ 231.25 11 101.49% 

2 Beds or less 1 $ 340,000 $ 206.31 1 100.44% 


4 to 5 Beds 2 $ 477,906 $ 229.63 2 102.80% 

Dumfries 23 $ 400,631 $ 218.71 23 102.32% 


3 Beds 15 $ 408,433 $ 225.41 15 103.03% 

4 to 5 Beds 5 $ 448,003 $ 192.76 5 100.77% 

Gainesville 16 $ 383,403 $ 213.35 16 99.87% 

3 Beds 16 $ 383,403 $ 213.35 16 99.87% 

Haymarket 5 $ 398,960 $ 215.39 5 101.99% 

2 Beds or less 1 $ 289,900 $ 226.13 1 100.00% 

3 Beds 4 $ 426,225 $ 212.71 4 102.33% 

Manassas 26 $ 370,511 $ 247.42 26 101.20% 

2 Beds or less 2 $ 316,420 $ 268.81 2 97.40% 



Occoquan 1 $ 435,000 $ 319.85 1 102.38% 

3 Beds 1 $ 435,000 $ 319.85 1 102.38% 

Triangle 2 $ 326,500 $ 178.64 2 99.62% 

3 Beds 2 $ 326,500 $ 178.64 2 99.62% 

Woodbridge 123 $ 348,880 $ 239.51 123 100.96% 

2 Beds or less 13 $ 296,500 $ 243.63 13 100.44% 


4 to 5 Beds 21 $ 381,614 $ 238.95 21 100.66% 


|| FAUQUIER COUNTY OVERVIEW 




100.00% 



16 

0.01% 18.30% -12.58% -1.23% 

0.00% 2.25% 77.78% -63.64% 


$449,950 $380,375 $8,370 $7,408 100.00% 97.80% 

9 44 


$380,375 $450,000 18.30% $7,408 $7,317 -1.23% 97.80% 100.00% 2.25% 44 16 -63.64% 


Median Days 

39 


0.00% 

2.63% 


39 38 


38 39 2.63% 

5-Yr JAN avg 42 -8.02% 





Avg Months 


0.71 

-27.97% -69.39% 


0.98 2.31 


2.31 0.71 -69.39% 

5-Yr JAN avg 3.75 -81.11% 



-27.97% -63.98% 67.80% -8.33% 46.48% 5.05% -51.54% -1.56% 


118 236 59 108 71 99 130 64 


236 85 -63.98% 108 99 -8.33% 99 104 5.05% 64 63 -1.56% 


63 


UNITS 

600 

FAUQUIER COUNTY 


Over 5 Years 


VALUE 

600000 

500 

500000 

400 

400000 

300 

300000 

200 

200000 

100 

100000 

0 

0 

UNITS 

500 

450 

400 

350 

300 

250 

200 

150 

100 

50 

0 

FAUQUIER COUNTY 





VALUE 

600000 

500000 

400000 

300000 

200000 

100000 

0 


FAUQUIER COUNTY CONDOMINIUMS 

UNITS 

16 

FAUQUIER COUNTY CONDOMINIUMS 


Over 5 Years 


VALUE 

450000 

14 

12 

10 

8 

6 

4 

400000 

350000 

300000 

250000 

200000 

150000 

100000 

Avg Months 


0.25 

#DIV/0! -66.67% 


0.00 0.75 


0.75 0.25 -66.67% 

5-Yr JAN avg 1.28 -80.52% 

2 

50000 

0 

0 




91.00% 



- 

-47.37% -11.76% #DIV/0! -100.00% 

-8.54% -6.28% -100.00% -100.00% 


$285,000 $170,000 $0 $4,287 99.50% 97.10% 

4 50 


$170,000 $150,000 -11.76% $4,287 $0 -100.00% 97.10% 91.00% -6.28% 50 0 -100.00% 

5-Yr JAN avg $196,880 -23.81% JAN % w/ Con 50.00% 0.00% -100.00% 5-Yr JAN avg 96.00% -5.21% 5-Yr JAN avg 69 -100.00% 



#DIV/0! -66.67% #DIV/0! 150.00% 300.00% -20.00% -75.00% -80.00% 


0 3 0 2 1 5 4 5 


3 1 -66.67% 2 5 150.00% 5 4 -20.00% 5 1 -80.00% 


1 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 

Fauquier County 64 $ 533,699 $ 253.33 42 96.52% 

Condominium 1 $ 150,000 $ 160.26 1 90.96% 

Bealeton 1 $ 150,000 $ 160.26 1 90.96% 

2 Beds or less 1 $ 150,000 $ 160.26 1 90.96% 


FAUQUIER COUNTY DETACHED HOMES 

UNITS 

500 

FAUQUIER COUNTY DETACHED HOMES 


Over 5 Years 


VALUE 

600000 

450 

400 

350 

300 

250 

200 

150 

500000 

400000 

300000 

200000 

Avg Months 


0.76 

-28.10% -70.49% 


1.06 2.57 


2.57 0.76 -70.49% 

5-Yr JAN avg 1.28 -40.83% 

100 

50 

0 

100000 

0 




100.00% 



23 

-3.36% 10.84% -13.78% -9.63% 

0.00% 1.94% 109.09% -51.06% 


$476,000 $415,000 $8,670 $8,271 100.00% 98.10% 

11 47 


$415,000 $460,000 10.84% $8,271 $7,475 -9.63% 98.10% 100.00% 1.94% 47 23 -51.06% 




-27.43% -64.19% 56.86% -21.57% 35.38% 3.53% -51.69% 11.76% 


113 229 51 102 65 85 118 51 


229 82 -64.19% 102 80 -21.57% 85 88 3.53% 51 57 11.76% 


57 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 


Detached 58 $ 562,410 $ 261.77 58 96.38% 

Bealeton 8 $ 343,375 $ 233.46 8 100.38% 

3 Beds 4 $ 288,250 $ 244.81 4 99.84% 

4 to 5 Beds 4 $ 398,500 $ 222.11 4 100.78% 

Catlett 5 $ 472,000 $ 172.14 5 95.05% 

3 Beds 1 $ 290,000 $ 139.16 1 96.99% 

4 to 5 Beds 3 $ 453,333 $ 167.33 3 91.64% 

6 Beds or more 1 $ 710,000 $ 219.54 1 101.43% 

Delaplane 1 $ 1,500,000 $ 721.85 1 93.75% 

3 Beds 1 $ 1,500,000 $ 721.85 1 93.75% 

Goldvein 2 $ 517,500 $ 160.18 2 100.00% 

3 Beds 2 $ 517,500 $ 160.18 2 100.00% 

Marshall 4 $ 1,125,000 $ 422.14 4 93.65% 

2 Beds or less 1 $ 1,250,000 $ 892.86 1 96.53% 

3 Beds 1 $ 320,000 $ 274.21 1 95.52% 

4 to 5 Beds 1 $ 480,000 $ 136.67 1 91.43% 

6 Beds or more 1 $ 2,450,000 $ 384.80 1 92.45% 

Midland 6 $ 534,000 $ 231.13 6 93.28% 

3 Beds 2 $ 422,500 $ 234.94 2 100.01% 

4 to 5 Beds 4 $ 589,750 $ 229.23 4 91.09% 

Remington 3 $ 304,967 $ 196.13 3 94.82% 

3 Beds 1 $ 264,900 $ 250.85 1 100.00% 

4 to 5 Beds 2 $ 325,000 $ 168.77 2 92.86% 

Sumerduck 5 $ 386,155 $ 223.38 5 97.79% 

2 Beds or less 1 $ 279,900 $ 212.05 1 100.00% 

3 Beds 3 $ 396,958 $ 221.91 3 96.47% 

4 to 5 Beds 1 $ 460,000 $ 239.09 1 100.00% 

The Plains 4 $ 450,875 $ 290.66 4 93.98% 

2 Beds or less 1 $ 349,500 $ 383.22 1 82.24% 

3 Beds 3 $ 484,667 $ 259.81 3 97.32% 

Warrenton 20 $ 631,229 $ 274.05 20 97.93% 

2 Beds or less 1 $ 570,000 $ 468.75 1 97.44% 

3 Beds 6 $ 444,333 $ 308.77 6 95.91% 

4 to 5 Beds 13 $ 722,199 $ 240.47 13 98.55% 


FAUQUIER COUNTY TOWNHOMES 

fs 

UNITS 

16 

FAUQUIER COUNTY TOWNHOMES 


Over 5 Years 


VALUE 

350000 

14 

12 

10 

8 

6 

4 

300000 

250000 

200000 

150000 

100000 

Avg Months 


0.25 

-60.00% -50.00% 


0.63 0.50 


0.50 0.25 -50.00% 

5-Yr JAN avg 1.28 -80.48% 

2 

50000 

0 

0 







6 

-12.53% 10.15% 18.80% 24.75% 

0.90% 3.27% 20.00% -60.00% 


$313,250 $248,750 $4,567 $4,349 100.20% 97.90% 

5 15 


$248,750 $274,000 10.15% $4,349 $5,425 24.75% 97.90% 101.10% 3.27% 15 6 -60.00% 




-60.00% -50.00% 75.00% 250.00% 140.00% 33.33% -37.50% -37.50% 


5 4 8 4 5 9 8 8 


4 2 -50.00% 4 14 250.00% 9 12 33.33% 8 5 -37.50% 


5 



Homes Sold 

Avg Close 

Price 

Avg 

Price/SqFt 

Avg DOM 

Avg Sale to 

OLP Ratio 


Townhome 5 $ 277,400 $ 175.80 5 100.47% 

Bealeton 2 $ 307,500 $ 162.40 2 99.19% 

3 Beds 1 $ 320,000 $ 174.29 1 98.46% 

4 to 5 Beds 1 $ 295,000 $ 150.51 1 100.00% 

Remington 1 $ 235,000 $ 172.79 1 101.08% 


Warrenton 2 $ 268,500 $ 190.70 2 101.71% 


3 Beds 1 $ 274,000 $ 194.60 1 102.24% 



Market Mentor - Realtor - Market Strategy 

Deep Roots for Smart Moves! 

Your Market Mentor with Deep Roots in Northern Virginia for Smart Moves in Finding Home! 

Technology and Go-to-Market Strategy is my passion, let us put it to use for your real estate 

moves! 

Northern Virginia area has always been home for me and has much to offer as your lifestyle 

requirements move forward. My consultative background in market analysis, go-to-market 

strategy and leading change for the technology companies is what I bring to my clients for 

their real estate transactions. 

My mission is to help you with the service, technology, and marketing strategy you should 

expect and demand from a Realtor. Therefore, I am partnered with the best in the industry - 

Keller Williams Realty. The real estate market is evolving technically which is extremely 

exciting and I am applying technology and marketing strategy for clients. 

As I have watched Northern Virginia grow and evolve, I am also a Purple Bleeding, James 

Madison University alumni, hometown sports fan, foodie and a fitness fanatic who is here to 

serve you in making your next move! 


Real Estate of Northern Virginia 

License #0225241222 

(703) 867-3436 

michele@realestateofnva.com 

calendly.com/mhudnall 

realestateofnva.com 

@RealEstateOfNVA

. 

r e a l e s t a t e o f n v a . c o m 

KW Reston 

License Number: #0226007362 

Office: (703) 679-1700 

11700 Plaza America Drive; Suite 150 

Reston, VA 20190 

The data used in this report comes from the MLS (Bright) with opinions provided being solely my own. 

Copyright 2021 Real Estate of Northern Virginia | Michele Hudnall – Do not reproduce without permission.

2021-01 -- Real Estate of Northern Virginia Market Report - January 2021 Real Estate Trends - Michele Hudnall

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