Posts Tagged ‘falls church real estate’

Prices Up Across the Board in Falls Church for December 2011

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 [...]

Prices Up in Falls Church Compared to 2010

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

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 [...]

Falls Church Real Estate Continues to Climb with Year Over Year Growth

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

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

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

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 [...]

Inventory Down, Way Down, in Falls Church

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

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 [...]

Falls Church City Sees Double Digit Price Increase in December 2010

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 [...]

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