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: July 2020

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View Home Sales Report Here

View Full Press Release Here

July 2020 Regional Home Sales Compared to July 2019: Northern Virginia
Data from Bright MLS as of August 6, 2020; total sales and listings may not include garage/parking spaces.

The Northern Virginia Association of Realtors® reports on July 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 2,376 homes sold in July 2020, a 6.45% increase above July 2019 home sales of 2,232.

Active listings decreased this month compared with 2019. Listings were down 15.97% below last year, with 2,210 active listings in July, compared with 2,630 homes available in July 2019. The average days on market for homes in July 2020 was 18 days – compared to 20 days on market for homes in July 2019.

New listings rose by 31.23% in July compared to last year, to 3,009. There were 2,293 new listings in July of last year.

The average home sale price rose by 12.57% compared with last July, to $696,902. The July 2019 average sale price was $619,082.

The median sold price of homes this July, which was $625,000, rose by 15.15% compared to the median price of $542,750 in July 2019.

 

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Market Statistics Archive
Rental Statistics

    Northern Virginia Quarterly Rental Statistics are available as PDF documents.

    Find more information here.