A total of 83 properties sold in February in Falls Church, of which 10 were bank owned and 9 were short sales, that’s about 6% less than February 2011. With inventory levels lower this year, prices almost across the board were up from last year. Take a look at the breakdown:
Single Family Homes
Average Net Sale Price: $530,217 after 73 days
Range: $240,000 – $1,120,000
Townhomes
Average Net Sale Price: $543,233 after 76 days
Range: $110,000 – $994,800
1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $145,862 after 50 days
Range: $84,000 – $294,504
2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $254,727 after 75 days
Range: $130,000 – $363,000