Falls Church City Sees Double Digit Increase in Real Estate Prices In January

Falls Church City had an increase of 14.8% in the average sale price during January. Overall, Falls Church (the entire part, not just the City) saw a slight drop in foreclosure activity, a drop in days on the market, and a slight decrease in average prices. Average days on the market was 60, while foreclosure activity was 29% of the 72 sold properties last month.

Single Family, Detached
Average Net Sale Price: $415,256 after 76 days
Range: $237,800 – $750,000

Townhomes
Average Net Sale Price: $378,711 after 96 days
Range: $226,900 – $554,200

1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $134,871 after 42 days
Range: $86,282 – $183,900

2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $277,388 after 51 days
Range: $127,000 – $567,500

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