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: September 2020

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View Home Sales Report Here

View Full Press Release Here



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

The Northern Virginia Association of Realtors® reports on September 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 2,166 homes sold in September 2020, a 38% increase above September 2019 home sales of 1,578.

Active listings decreased this month compared with 2019. Listings were down 5.62% below last year, with 2,469 active listings in September, compared with 2,616 homes available in September 2019. The average days on market for homes in September 2020 fell by 38.71% to 19 days – compared to 31 days on market for homes in September 2019.

New listings rose by 30.44% in September compared to last year, to 3,021. There were 2,316 new listings in September of last year.

The average home sale price rose by 15.09% compared with last September, to $690,981. The September 2019 average sale price was $600,398.

The median sold price of homes this September, which was $596,000, rose by 16.86% compared to the median price of $510,000 in September 2019.

Read more about the NVAR region housing market at NVAR.com/public, including GMU-CRA Market Metrics articles published in NVAR’s RE+VIEW magazine, found at NVAR.com/review.


 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.