Falls Church City Prices Increases 7.4% Over March 2012

Falls Church City Prices Increases 7.4% Over March 2012

Falls Church City prices saw a flurry of activity in March, resulting in an increase of an average 7.4% over last year. Seller averaged 98.9% of asking price. Overall, 120 properties sold in Falls Church, of which 19 were short sales or foreclosures. Here’s how the numbers shake out:

Single Family Homes
Average Net Sale Price: $575,152 after 38 days (median was 8)
Range: $286,000 – $1,380,000

Townhomes
Average Net Sale Price: $569,949 in 19 days (median was 5)
Range: $283,800 – $938,888

1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $177,221 after 13 days (median was 9)
Range: $101,000 – $304,900

2 Bedroom,2 Bathroom Condos
Average Net Sale Price: $288,711 in 31 days (median was 10)
Range: $180,000 – $630,000

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