Despite a rise in foreclosure activity in Falls Church in December, prices were up across the board! A total 0f 104 properties sold in December 2011, of them 28% were either short sales or foreclosures (up from 22% last year). Average days on the market was 61, but varies by property type shown below:
Single Family Home
Average Net Sale Price: $511,608 after 65 days
Range: $256,000 – $1,247,000
Townhomes
Average Net Sale Price: $535,213 after 41 days
Range: $247,000 – $970,000
1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $147,790 after 87 days
Range: $95,000 – $296,765
2 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $165,737 after 48 days
Range: $96,500 – $317,500
2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $365,445 after 56 days
Range: $155,200 – $606,500