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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, [...]
Archive for the ‘Falls Church’ Category
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 [...]
Falls Church Real Estate Steady
April 18th, 2011 Laura March 2011 saw a market share of 24.4% of distressed properties, about 6% lower than March 2010. With fewer foreclosures and short sales on the market, prices of single family homes increased year over year, while more lower end properties dragged average prices down for townhomes and condos this month. Compare the breakdown to last [...]
Posted in Falls Church 
Tags: falls church real estate news, march 2011, market statistics 
No Comments »Inventory Down, Way Down, in Falls Church
March 17th, 2011 Laura Numbers are out for Falls Church, VA for February 2011 and things are looking OK around town. A total of 90 properties closed, an increase from 2010, and of those 28.9% were distressed (16 short sales, 10 foreclosures), down more than 6% from 2010. Inventory in Falls Church City is down nearly 49% from last [...]
Detached Properties in Falls Church Increase 10% in January
February 25th, 2011 Laura While condo prices are a little lower than January 2010, single family homes (detached properties) are up over 10% in average net sale price. A total of 74 homes sold, 32.4% of which were distressed (10 short sales, 14 bank owned), a consistent percentage for Falls Church. Here’s how the numbers shaped up: Single Family Homes Average Net [...]
Posted in Falls Church Tags: falls church real estate, january 2011, market statistics No Comments »Falls Church City Sees Double Digit Price Increase in December 2010
January 13th, 2011 Laura Wrapping up December 2010 for Falls Church with 101 sales. Of those sales, 10 were short sales, 13 were foreclosures, making 22.7% of the market distressed. The high portion of foreclosures undoubtedly contributed to some price drops in certain property types, but overall, Falls Church City saw a median sales price increase of 24.5% in December, while [...]
Posted in Falls Church Tags: december 2010, falls church real estate, market statistics No Comments »Restaurant Week in DC – January 17 – 23, 2011
January 7th, 2011 Laura It’s that delicious, glutinous time of January…DC Restaurant Week starts in 10 days! This year the event runs January 17 – 23, 2011 Lunch: $20.11 for a three-course fixed-price meal Dinner: $35.11 for a three-course fixed-price meal Beverages, gratuity and tax are not included. You can find a full list of participating restaurants and make [...]
Posted in Arlington, Events, Falls Church Tags: ARlington Restaurants, dc restaurant week, falls church restaurants 1 Comment »November Was A Good Month for Falls Church Real Estate; Prices Up 10.5%
December 16th, 2010 Laura Double digit increases in Falls Church City real estate values over November 2009, a 10.5% increase in median sales price. Overall, Falls Church City is up 5.8% year-to-date in median sale price. It should come as no surprise that days on the market is down 23% to 52 days, and foreclosures and short sales accounted [...]
