Fairfax County January Real Estate Market Report 2015

Dated: 02/25/2015

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22031, 22032, 22033, 22035, 22038 (Fairfax): The average sales price of $499,969  was up 10.83% percent, while the median sales price of $429,900 was up 7.50% percent. Homes spent an average of 66 days on the market, up from 52, and garnered 96.3 percent of listing price, down from 96.6 percent. There were 262 properties on the market, up from 160.

22066 (Great Falls): The average sales price of $1,421,390 was up 60.9 percent from a year before, while the median sales price of $1,242,500 was up 43.8 percent. Homes that went to closing in January spent an average of 127 days on the market between listing and ratified sales contract, up from 61 days a year before, and garnered 91.5 percent of listing price, down from 94.8 percent. At the end of the month, there were 108 active listings on the market, up from 98 a year before.

22101 (Mclean):  The average sales price of $1,103,676 was up 14.8 percent, while the median sales price of $930,000 was up 14.8 percent. Homes spent an average of 89 days on the market, up from 79, and garnered 95.8 percent of listing price, up from 93.3 percent. There were 150 properties on the market, up from 78.

22102 (Mclean/Tysons): The average sales price of $794,287 was up 15.3 percent, while the median sales price of $399,995 was down 12.3 percent. Homes spent an average of 66 days on the market, down from 93, and garnered 95.1 percent of listing price, down from 91.9 percent. There were 101 properties on the market, up from 65.

22124 (Oakton):  The average sales price of $723,146 was up 13.9 percent, while the median sales price of $650,000 was up 2 percent. Homes spent an average of 62 days on the market, down from 99, and garnered an average of 94 percent of listing price, up from 93.4 percent. There were 73 properties on the market, up from 46.

22180 (Vienna):  The average sales price of $750,776 was up 15.6 percent, while the median sales price of $628,500 was up 11.7 percent. Homes spent an average of 127 days on the market, up from 59, and garnered 94.3 percent of listing price, down from 96.4 percent. There were 67 properties on the market, up from 46.

22181 (Vienna):  The average sales price of $557,000 was down 9.3 percent, while the median sales price of $560,000 was down 13.9 percent. Homes spent an average of 79 days on the market, up from 32, and garnered 93.6 percent of listing price, down from 99.7 percent. There were 29 properties on the market, unchanged.

22182 (Vienna/Tysons):  The average sales price of $973,855 was up 10.9 percent, while the median sales price of $819,000 was up 0.9 percent. Homes spent an average of 67 days on the market, up from 56, and garnered 95.1 percent of listing price, up from 94.6 percent. There were 60 properties on the market, up from 33.

22124 (Dunn Loring): The average sales price of $761,500 was up 1.5 percent. Homes spent an average of 72 days on the market, up from 29, and garnered 98.8 percent of listing price, up from 94.3 percent. There were four homes on the market, down from five.

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Seon Kang

I know how difficult it is to find the right home where you and your family will feel comfortable and create lasting memories. I've lived in Northern Virginia for more than 25 years, and continually a....

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