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: February 2020

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Click Here to View February 2020 Home Sales Report

View Full Press Release

February 2020 Regional Home Sales Compared to February 2019: Northern Virginia
Data from Bright MLS as of March 5, 2020; total sales and listings may not include garage/parking spaces.

 

The Northern Virginia Association of Realtors® reports on February 2020 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.

 

A total of 1,193 homes sold in February 2020, a 4% increase above February 2019 home sales of 1,146.

 

Active listings decreased this month compared with 2019. Listings were down 10.27% below last year, with 1,695 active listings in February, compared with 1,889 homes available in February 2019. The average days on market (DOM) for homes in February 2020 was 26 days, a decrease of almost 28% compared to the 36 DOM for homes in February 2019.

 

New listings rose 12.22% in February, to 2,222, compared with 1,980 new listings in February of last year.

 

The average home sale price rose by 13.35% compared with last February, to $647,681. The February 2019 average sale price was $571,375.

 

The median sold price of homes this February, which was $560,000, rose by 10.89% percent compared to the median price of $505,000 in February 2019.

 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.