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Northern Virginia Real Estate Market Report through January 2009

January saw sellers chances of selling their homes improve steadily.  In the official Northern Virginia area, defined as Arlington, Alexandria, Fairax County, Falls Church City, and Fairfax City the supply of homes on the market declined to under 5 months.  This was due more to an increase in sales than a decline in listings. This January showed once again that the conventional wisdom about it …

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Northern Virginia Real Estate Market Update

The December 2008 numbers have been released and are in the spreadsheet below.  Please note at the bottom of the spreadsheet, you can click on the various tabs to see the sales statistics for homes in different jurisdictions of Northern Virginia. For the most part sales remained fairly steady from Novemeber to December.  For “Northern Virginia” (defined as Alexandria, Arlington, Falls Church City, Fairfax City, …