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 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.


icon_pre_appt

Monthly Market Statistics

Market Statistics: November 2020

11_November_vertical


View Home Sales Report Here

View Full Press Release Here

Fairfax, Va. – “The number of November home sales in Northern Virginia has not reached this level in 15 years,” says Nicholas Lagos, associate broker with Century 21 New Millennium and 2020 president of the Northern Virginia Association of Realtors® (NVAR). “NVAR Realtors® closed transactions totaling more than $1.3 billion last month. The year may be winding down, but the real estate market in our regional footprint continues to be strong. November dollar sales volume was up 45% in comparison to the same period last year,” Lagos says. 

In the NVAR region, 1,908 homes were sold, with an average sales price of $685,445, nearly 10% higher than home sales in November of 2019. 

“Even though inventory is still low, buyers continued to see more opportunities to purchase with an increase of 39% in new listings when compared to 2019,” says Lagos. 


 Market Stats sponsored by:

logo-ekko

nvar_gmu_button

Market Statistics Archive
Rental Statistics

    Northern Virginia Quarterly Rental Statistics are available as PDF documents.

    Find more information here.