Market Statistics

 
A building with different size arrows infront 

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 issue a press release, infographic, and video that you can share and include in your client presentations.

icon_pre_appt

2024 Residential Real Estate Market Forecast Mid-Year Update

Access the 2024 NVAR Residential Real Estate Market Forecast Mid-Year Update created in partnership with George Mason University's Center for Regional Analysis. 

2023 Housing Economic Impact Report

In 2023, the residential real estate industry located in the NVAR service area sparked $17 billion in local economic activity and supported over 88,400 jobs, paying almost $6.5 billion in labor earnings.

 


Monthly Market Statistics

Market Statistics: May 2020

may market stats infographic

View Home Sales Report Here

View Full Press Release Here

May 2020 Regional Home Sales Compared to May 2019: Northern Virginia
Data from Bright MLS as of June 4, 2020; total sales and listings may not include garage/parking spaces.

The Northern Virginia Association of Realtors® reports on May 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 1,622 homes sold in May 2020, a 31.82% decrease below May 2019 home sales of 2,379.

Active listings decreased this month compared with 2019. Listings were down 31.87% below last year, with 1,984 active listings in May, compared with 2,912 homes available in May 2019. The average days on market for homes in May 2020 was 17 days, an increase of 6.25% compared to the 16 DOM for homes in May 2019.

New listings fell by about 35% in May compared to last year, to 2,174. There were 3,363 new listings in May of last year.

The average home sale price rose by 2.34% compared with last May, to $641,002. The May 2019 average sale price was $626,345.

The median sold price of homes this May, which was $580,000, rose by 4.93% percent compared to the median price of $552,750 in May 2019.


nvar_gmu_button

Market Statistics (Sales)
Market Statistics (Rentals)

    Northern Virginia Quarterly Rental Statistics are available as PDF documents.

    Find more information here.

Market Statistics Archive