The housing rate in Northern Virginia (defined as Arlington, Alexandria, Fairfax County, Fairfax City, and Falls Church City) sold at a rate of 19.5% in September.  This number is down slightly from the previous month, but almost double the 10.5% rate from September of 2007.
The statistics continue to show an improving market.  The real test [...]

Below is a spreadsheet with the number of sales and listings in the City of Fairfax each month for the las 2.5 years.  The September numbers show that 18% of the homes on the market in Fairfax City sold.  This implies a 6 month market for the city.  I always hesitate to say that for [...]

The Northern Virginia Real Estate market continued to be strong in July. This was the best July in several years, both in terms of units sold and percentage of units sold. There were 2056 in Northern Virginia (Alexandria, Arlington, Falls Church City, Fairfax City, Fairfax County) in July. Typically sales fall off [...]

The Northern Virginia Real Estate market again sustained its recent strength in June with 20.14% of the available inventory going under contract. This is the third straight month that we have sold more than 20% of the inventory. This surprised me because the market typically sells fewer homes in June than in April [...]

In June, the Fairfax City Real Estate market had it’s best month since June of 2007.  19% of the available inventory went under contract last month.  The chart below has the statistics from the past two years on a month by month basis for Fairfax City home sales.