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Neighbor News

Buyer's Market or Seller's Market in Falls Church?

Falls Church real estate update! How long to sell your home? Are prices rising?

If you’re looking to buy or sell real estate in Falls Church, VA in 2015, you may be wondering how long homes are on the market, whether prices are up or down and whether it’s a Buyer’s Market or Seller’s Market.

First, let’s look at what happened in 2014:

  • Average Days on Market: 40 days (up from 33 days in 2013)
  • Average Sold Price: $514,575 (up from $504,680 in 2013)
  • Average Sold Price as % of List Price: 97.7% (down from 98.3% in 2013)
  • Percent of Homes Sold in 10 Days or Less: 42%

Now, to get an even better sense of what’s happening in the real estate market, go to our web site for up-to-date Falls Church VA housing stats on the most recent month as compared to the five year average. This will indicate what the current trends are.

Find out what's happening in Falls Churchfor free with the latest updates from Patch.

Find out what's happening in Falls Churchfor free with the latest updates from Patch.

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