NVAR/GMU 2024 Residential Real Estate Market Forecast


About Our Forecast

The Northern Virginia Association of Realtors® (NVAR), in conjunction with the Center for Regional Analysis at George Mason University (GMU-CRA), issues a consensus forecast for the NVAR region’s housing market. The association convenes a panel of key experts from differing sectors of the real estate industry to review preliminary forecasts developed by GMU-CRA economists and offer their insights into current and near-future market conditions. The following represents the forecast team’s outlook for 2024.

2024 Forecast

  • Introduction

Forecast by Jurisdiction

  • Fairfax County

  • Arlington County

  • Alexandria City

  • Prince William County

  • Loudon County

  • Stafford County

Thank You

The Northern Virginia Association of REALTORS® and the Center for Regional Analysis offer our sincere appreciation for the cooperation and support of the NVAR Economic Forecast Advisory Group in the preparation of this report.