Prices Up in Falls Church Compared to 2010

November 2011 was a good month for Falls Church real estate, as prices were up across the board from 2010. A total of 98 properties sold in November, of which 15 were short sales or foreclosures, accounting for 15% of the market. On average, properties were selling for 97.5% of original list price in Falls Church City.

Single Family Homes
Average Net Sale Price: $537,389 after 58 days
Range: $266,750 – $1,300,000

Townhomes
Average Net Sale Price: $515,899 after 32 days
Range: $345,735 – $985,000

1 Bedroom, 1 Bathroom Condos
Average Net Sale Price: $167,823 after 46 days
Range: $116,000 – $297,000

2 Bedroom, 2 Bathroom Condos
Average Net Sale Price: $316,251 after 46 days
Range: $182,000 – $612,700