Market Statistics

 
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Housing Data and Statistics

NVAR partners with George Mason University to bring local housing data to its members.

Local Market Data at Your Fingertips

The Northern Virginia Association of Realtors® reports on home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton with data provided by George Mason University's Center for Regional Analysis and Bright MLS.

NVAR releases monthly market statistics to deliver local market data for the cities and counties in the NVAR region. Every month, we release a press release, infographic and video that you can share and include in your client presentations. Also in each issue of RE+View magazine is a "Market Metrics" article written by GMU market experts.


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Monthly Market Statistics

Market Statistics: December, 2019

December 2019 market statistics graphic

View December Home Sales Report Here

December 2019 and Year-End Regional Home Sales Compared to 2018: Northern Virginia
Data from BrightMLS as of January 7, 2020; total sales and listings may not include garage/parking spaces.

December Data:

A total of 1,525 homes sold in December 2019, an increase of less than 1% from December 2018 home sales of 1,514.

Active listings decreased in December month compared with 2018. Listings were down by about 24% below last year, with 1,446 active listings in December, compared with 1,905 homes available in December 2018.

The average home sale price rose by 8.15% compared with last December, to $641,789. The December 2018 average price was $593,400.

The median sold price of homes in December, which was $554,000, rose by 8.20% compared to the median price of $512,000 in December 2018.

The average days on market for homes in December was 30, which was 28.57% below the 42 average days on market for homes in December 2018.


View Full Press Release Here

 Market Stats sponsored by:

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NMRA-Dec05

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Market Statistics Archive
Rental Statistics

    Northern Virginia Quarterly Rental Statistics are available as PDF documents.

    Find more information here.