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:
1 Bedroom Condos
Average Net Sale Price: $160,219 after 55 days on the market
Range: $80,000 – $323,503
2 Bedroom Condos
Average Net Sale Price: $243,854 after 31 days on the market
Range: $145,500 – $415,000
Townhomes
Average Net Sale Price: $532,605 after 59 days on the market
Range: $305,000 – $875,000
Single Family Homes
Average Net Sale Price: $514,270 after 66 days on the market
Range: $210,490 – $1,475,000
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