2021-03 -- Real Estate of Northern Virginia Market Report - March 2021 Real Estate Trends - Michele Hudnall

Avg Close Avg Avg Finished
Avg Sale to Avg
March 2021
Homes Sold
Avg DOM
Price Price/SqFt SQFT
OLP Ratio Concessions
Fairfax County 1,487 $ 698,984 $ 367.75 2,325 18 101.74% $ 2,325
Condominium 317 $ 341,492 $ 320.19 1,055 317 98.41% $ 4,924
Alexandria 59 $ 286,637 $ 307.31 938 59 99.62% $ 3,979
2 Beds or less 57 $ 285,028 $ 309.64 924 57 99.57% $ 3,893
3 Beds 2 $ 332,500 $ 240.99 1,356 2 100.76% $ 5,700
Annandale 18 $ 235,883 $ 244.52 978 18 97.64% $ 3,685
2 Beds or less 14 $ 221,493 $ 248.63 901 14 98.11% $ 3,955
3 Beds 4 $ 286,250 $ 230.13 1,245 4 96.39% $ 2,967
Burke 3 $ 271,000 $ 298.38 925 3 98.67% $ 3,400
2 Beds or less 3 $ 271,000 $ 298.38 925 3 98.67% $ 3,400
Centreville 8 $ 267,250 $ 277.77 969 8 102.18% $ 7,500
2 Beds or less 8 $ 267,250 $ 277.77 969 8 102.18% $ 7,500
Chantilly 1 $ 522,515 $ 342.63 1,525 1 98.03% $ 5,000
3 Beds 1 $ 522,515 $ 342.63 1,525 1 98.03% $ 5,000
Clifton 1 $ 225,000 $ 270.76 831 1 104.70% $ 1,000
2 Beds or less 1 $ 225,000 $ 270.76 831 1 104.70% $ 1,000
Fairfax 35 $ 382,003 $ 334.44 1,153 35 100.39% $ 3,530
2 Beds or less 32 $ 385,472 $ 338.53 1,150 32 100.54% $ 3,530
3 Beds 3 $ 345,000 $ 290.90 1,188 3 98.57% $ -
Falls Church 44 $ 295,339 $ 296.01 1,009 44 98.99% $ 5,196
2 Beds or less 42 $ 293,867 $ 299.35 985 42 99.00% $ 5,196
3 Beds 2 $ 326,250 $ 225.93 1,507 2 98.88% $ -
Herndon 30 $ 411,123 $ 322.43 1,208 30 100.40% $ 11,564
2 Beds or less 29 $ 415,472 $ 326.15 1,204 29 100.36% $ 11,564
3 Beds 1 $ 285,000 $ 218.39 1,305 1 101.82% $ -
Lorton 3 $ 347,967 $ 266.43 1,306 3 100.88% $ -
2 Beds or less 3 $ 347,967 $ 266.43 1,306 3 100.88% $ -
Mclean 37 $ 467,331 $ 421.53 1,062 37 93.77% $ 4,303
2 Beds or less 35 $ 458,049 $ 423.08 1,031 35 93.70% $ 4,303
3 Beds 2 $ 629,750 $ 394.44 1,595 2 94.73% $ -
Oakton 12 $ 318,417 $ 273.54 1,183 12 100.54% $ 3,585
2 Beds or less 11 $ 316,227 $ 280.51 1,132 11 101.99% $ 4,447
3 Beds 1 $ 342,500 $ 196.84 1,740 1 87.82% $ 1,000
Reston 48 $ 348,025 $ 319.83 1,085 48 97.34% $ 1,589
2 Beds or less 41 $ 332,641 $ 325.74 1,019 41 98.94% $ 1,730
3 Beds 7 $ 438,129 $ 285.21 1,470 7 90.82% $ 600
Springfield 9 $ 253,889 $ 278.99 919 9 101.56% $ 3,000
2 Beds or less 8 $ 246,875 $ 283.36 875 8 102.07% $ 3,000
3 Beds 1 $ 310,000 $ 244.09 1,270 1 98.41% $ -
Vienna 9 $ 394,667 $ 365.90 1,097 9 98.82% $ 4,150
2 Beds or less 8 $ 398,063 $ 371.03 1,093 8 98.68% $ 4,150
3 Beds 1 $ 367,500 $ 324.93 1,131 1 100.00% $ -
Real Estate of NVA Market Report - 45 -