Like most of Northern Virginia, Falls Church sales showed signs of a strong market with prices increases, decrease in days on the market, and sellers getting a high percentage of asking price. In all of Falls Church, 123 properties sold in August, only 8 of which were short sales or foreclosures. In Falls Church City, property sales saw an average sale price increase of 26%, while sellers were getting an average of 97.4% of original asking price.
Single Family, Detached
Average Net Sale Price: $621,337 after 57 days (median was 16)
Range: $336,000 – $1,320,000
Median: $563,750
Townhomes
Average Net Sale Price: $586,890 after 50 days (median was 33)
Range: $370,000 – $995,000
Median: $510,000
1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $192,315 after 30 days (median was 21)
Range: $115,000 – $313,700
Median: $164,902
2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $359,512 after 36 days (median was 16)
Range: $201,000 – $595,000
Median: $375,000
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