Falls Church 22041 Home Market at a Glance – October 2013

Number of Homes Currently for Sale as of today, November 29th, 2013
Single family, detached - 18
Condos - 24
Townhouses – 4

Number of Closed Sales in October
Single family, detached - 8
Condos – 12
Townhouses - 1

Median Sale Price in October
Single family, detached - $584,000
Condos – $289,250
Townhouses – $605,000

Average number of days on the market in October
Single family, detached - 57
Condos – 40
Townhouses – 30

Number of sales currently pending
Single family, detached - 5
Condos - 29
Townhouses – 4

Average Sale Price for Homes
Detached homes - $687,938
Attached homes – $286,385

Average List Price for Homes
$455,024

Average Sale Price to List Price Ratio
95.4%

Absorption Rate as of today, November 29th, 2013
Single family, detached – 2.25 months
Condos – 2 months
Townhouses – 4 months

If you’re thinking about selling your Falls Church home, I’d be happy to provide you with a complimentary comparative market analysis. Call me on my cell phone at 703-462-0700.

Home buyers in Falls Church should find a great buyer agent to help them get the best deal possible in this competitive environment. I’m an experienced buyer agent who grew up in Falls Church City, and I’d love to help you in your home search.

Learn more about the real estate market in Falls Church: http://northernvirginiahomepro.com/falls-church-condo-market-report-for-october-2013-areas-near-baileys-crossroads-and-lake-barcroft/ 

Search Falls Church homes online:  http://www.searchnorthernvarealestate.com/