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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 [...]
Posts Tagged ‘falls church real estate’
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 »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 [...]
Falls Church Real Estate Continues to Climb – October 2010 Market Update
November 18th, 2010 Laura Even with a 30% market share of foreclosures and short sales, prices continue to climb in Falls Church, VA. Compare with prices from October 2009, and you’ll see every average net sale price is up (except 1 bedroom condos, which is a bit lower). Days on the market is down, for the most part, as [...]
Falls Church, VA Real Estate Market for September 2010 – 30% Either Bank Owned or Short Sale
October 26th, 2010 Laura September 2010: days are down along with overall average net sale price. Of the 120 properties sold in Falls Church last month, 20 were bank owned and 16 were short sales, that makes 30% of the sales distressed. So it’s no wonder the overall sales price is down…however, compare individual property stats with September 2009, [...]
Falls Church Real Estate on the Mend? Looks That Way.
June 16th, 2010 Laura Compare May 2009 and May 2010 real estate in Falls Church, and you’ll see an increase in units sold, an increase in average sale prices for detached properties, and condos. You’ll also see there’s a DRASTIC difference in the time a property is on the market before it sells. Of the 126 properties that changed [...]
Posted in Falls Church, Keller Williams Realty Tags: falls church real estate, market statistics, may 2010 3 Comments »Falls Church Real Estate Sales Prices Up Again
May 18th, 2010 Laura Another strong month for Falls Church real estate! Continuing recent trends, prices are up, days on the market are down, and the percentage of the market that’s “distressed” (ie. a short sale or bank owned property) is down. All great news for property owners! A total of 122 properties changed hands in April, of which [...]
Huge Price Increases in Falls Church VA Real Estate in March 2010
April 23rd, 2010 Laura What a huge difference a year makes. March 2010 for Falls Church, VA saw about the same number of homes sold – 119 in 2010 v. 116 in 2009 – but the numbers are vastly different. Average Home Sale Price is up across the board – 30% for single family homes, 10% for townhomes, a [...]
