Despite a rise in foreclosure activity in Falls Church in December, prices were up across the board! A total 0f 104 properties sold in December 2011, of them 28% were either short sales or foreclosures (up from 22% last year). Average days on the market was 61, but varies by property type shown below: Single [...]
Archive for the ‘Falls Church’ Category
Prices Up in Falls Church Compared to 2010
December 20th, 2011
Laura November 2011 was a good month for Falls Church real estate, as prices were up across the board from 2010. A total of 98 properties sold in November, of which 15 were short sales or foreclosures, accounting for 15% of the market. On average, properties were selling for 97.5% of original list price in Falls [...]
Falls Church Houses and Townhouses See Price Increase in October 2011
November 21st, 2011
Laura Compared to October 2010, single family homes and townhomes saw generous increases in average net sale price year over year. A total of 88 homes sold in October, of which 22 were either short sales or foreclosures (25%). Here are the market statistics for October: Single Family Homes, Detached Average Net Sale Price: $581,588 after [...]
Single Family Homes in Falls Church Increased By 26%, On Average, In September 2011
October 18th, 2011
Laura WOWZA! What a month of Falls Church! Last year, nearly 30% of the market was either a foreclosure or short sale, and this month that was slashed to 16%! You know what that means, right? Prices were up across the board throughout Falls Church (not just Falls Church City). Check out the stats compared to [...]
Falls Church Real Estate Continues to Climb with Year Over Year Growth
September 19th, 2011
Laura Another month of growth for Falls Church, as the average net sale price of 3 of 4 categories grew from 2010. A total of 118 properties sold in August, of which 17 were either short sales or bank-owned. Overall, Falls Church City properties are selling in 55 days at 96.5% of original list price. Here [...]
Falls Church City Real Estate Increasing Every Day
August 18th, 2011
Laura Falls Church City saw a 21% increase in median sale price over July 2010. The median sale price for July was $671,450, while the average days on the market was 56. There were 133 total properties sold throughout Falls Church in July, of which 17 were either short sales or foreclosures. Single Family Home Average [...]
Falls Church City Sees 4.6% Increase in Median Sales Price
July 20th, 2011
Laura Fueled by some new construction sales, fewer distressed properties, and a shorter time on the market, Falls Church City saw an increase of 4.6% in median sales price over June 2010, while the average sale price increased nearly 1%. Days on the market fell from 86 to 51; of the 143 sales in June 2011, [...]
Falls Church Real Estate Prices Continue to Rise
June 29th, 2011
Laura Median sales prices increased another 4% year over year in May 2011 in Falls Church City. A total of 131 properties sold, of which 11 were short sales and 11 were bank owned. Compare to May 2010 to see that almost every category saw an increase in average net sale price. Single Family Home, Detached [...]
Our Neighbors Are The Richest In The Country – Arlington Missed the List
June 6th, 2011
Laura In the annual Forbes.com list of America’s Richest Counties, there’s been a shift in the first place spot. Last year, Loudoun County topped the list, but this year, falls to 2nd place. Of the top 5 ranking, Northern Virginia claimed 3 spots and nearby Maryland got a 4th. To determine America’s richest counties, Forbes looked [...]
Falls Church Real Estate On the Rise
May 24th, 2011
Laura Prices are up, foreclosures are down, and properties are selling about 4 days faster than 2010. Overall, there were 112 sales in April in Falls Church, of which 10 were bank owned and 12 were short sales, accounting for 19.6% of the market (down from 26% last year). Falls Church City actually saw a smile [...]
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