Falls Church, VA Real Estate Market Update – December 2009

Falls Church continues to see high numbers of short sales and bank-owned properties, in fact there were 30 in December, of the total 106 properties that sold (28.3%). So it’s no wonder prices are still lower than 2008.

Detached Homes

Average Net Sale Price: $484,960 after 66 Days on the Market
Range: $215,000 – $1,810,000

Townhouse

Average Net Sale Price: $501,028 after 42 Days on the Market
Range: $115,000 – $875,000

Condos

1 Bedroom Average Net Sale Price: $168,561 after 46 Days on the Market

1 Bedroom with Den Average Net Sale Price: $180,112 after 91 Days on the Market

2 Bedroom Average Net Sale Price: $254,606 after 29 Days on the Market