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2017 Reflecting Back - Fairfax County Real Estate Market Report
2017 Annual Fairfax County Real Estate Market Report I consider Loudoun a younger sibling to Fairfax County in Northern Virginia real estate market.
They both have sibling rivalry yet common traits of being siblings. Both the counties in Northern Virginia had a strong 2017. Loudoun had a leverage since homes are newer and many of the buyers especially home buyers who have an option to telecommute choose a newer home over an older home in Fairfax County. Fairfax has strength due to commute (location, location, location!) and to a certain degree, the parent feels school district is stronger in Fairfax County. Click here to read 2017 Loudoun County real estate market report. 
Irrespective of where a home buyer decides to live both the counties had a phenomenon 2017 real estate year. Multiple offers were very common on a right priced home. Vienna did see a dramatic increase in the real estate new construction and a price increment. Reston with metro now in full year of operation has helped many of local commuters to ride silver line. Herndon metro stop to be completed in 2018 will help further help to elevate the commuter stress. 
List price to sales price: Most of the homes sold close to the list ... more

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