4

5 Highest Priced Home Sales in Northern Virginia in 2010

Here is a list of the 5 highest priced homes to sell in Northern Virginia in 2010. – 1. $10,200,000 This Chateau is top of the list. The artistry is amazing. 2. $9,000,000 This home has a 5 car garage among its many features. 3. $8,250,000 The former home of President Kennedy, this home boasts 12 bedrooms, 10 full bathrooms and 9 fireplaces. 4. $6,500,000 This …

Northern Virginia Real Estate Market Update through October 2009

The Northern Virginia Real Estate Market continues to clip along at about a pace that would sell all the houses on the market in 3.5 months.  This is the type of market where prices would be expected to rise, and indeed have been rising.  In the spreadsheets below, you can see that in most jurisdictions, average prices are right around where they were a year …

2

Northern Virginia Market Update through March 2009

The Northern Virginia real estate market had homes selling more quickly in March than in any month since January of 2006.  The supply of homes in the Northern Virginia market, defined as Arlington and Fairfax Counties, along with the cities of Alexandria, Falls Church, and Fairfax, was at a 3.5 month supply in March.  Prices ticked up a little bit from February, but are still …

3

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 …

1

Northern Virginia Real Estate Market Update

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 for this market will come next month when the …

Fairfax City Market Update

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 Fairfax City numbers because it is such a small …

3

Northern Virginia Market Update

The numbers below reflect the market for all of Northern Virginia (Arlington, Alexandria, Falls Church City, Fairfax City, and Fairfax County). Real Estate market are really very small, right down to the neighborhood level, but this gives a picture of the broad market around Northern Virginia that is compromised of the many smaller markets. May was a slightly better month than April (which was surprisingly …