In Falls Church City in September, HALF of the properties listed for sale sold in under 10 days. HALF. The average was 24. The average price increased by 4.4% from last year and closed sales DOUBLED, which undoubtedly led to my favorite stat: sellers got an average of 99% of asking price. In all of Falls Church, a total of 118 properties sold, of which 13 were short sales or bank-owned.
Single Family, Detached
Average Net Sale Price: $589,974 after 40 days
Range: $279,000 – $1,390,000
Townhomes
Average Net Sale Price: $494,612 after 20 days
Range: $314,500 – $729,000
1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $174,736 after 25 days
Range: $83,000 – $302,000
2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $335,578 after 30 days
Range: $135,519 – $523,800
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