Posts Tagged ‘Falls Church’

Real Estate Is Local – National Foreclosure Data Versus Northern Virginia

This morning on the Today Show their real estate segment said the national sales data for 2010 shows about 30% of sales were foreclosures. All I can think when I hear that is “but that’s national – not us!” And then I end up yelling at the TV. So I decided to attempt something more [...]

Falls Church, VA Real Estate Market for September 2010 – 30% Either Bank Owned or Short Sale

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 City Real Estate Prices Up 8% Over August 2009

In August 2010, 114 properties sold in Falls Church. Of those, 28% were either a short sale or bank-owned property. Falls Church City saw an 8% increase in Average Sales Price (and a 9.73% increase in median sale price) while days on the market dropped 23.6% to 68.  Here are the averages by property type: [...]

Homes Prices Soar Nearly $100,000 in the Month of July

Falls Church has seen months where most of the inventory was either a foreclosure or a short sale, but much of that is in the past according to average sales prices from last month. From July 2009, single family home prices were up nearly $100,000. Last month 128 properties changed hands, of which 30 were either short [...]

Falls Church Real Estate Market Update – January 2010

What a difference a month makes…Falls Church saw INCREASED sale prices (both on average and median) from 2009,total  number of units increase, and days on the market decrease. A quick bounce in the other direction? Appears that way! A total of 77 properties sold in January, of which 16 were short sales and 8 were [...]

October 2009 Real Estate Market Update – Falls Church, VA

The stats for October in Falls Church, VA includes both the city of Falls Church and the part of Falls Church within Fairfax County. Detached Houses Average Net Sale Price: $492,878 after 59 DOM Range: $210,000 – $1,321,650 Avg Sold Price was 96.33% of Original List Price Townhouses Average Net Sale Price: $382,943 after 88 DOM Range: [...]

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