Falls Church Weekly Market Update: July 9, 2010

July 9, 2010 by · Leave a Comment 

Welcome to the latest installment of the Falls Church Weekly Real Estate Update. The data was compiled using the statistics for both the City of Falls Church and those parts of Falls Church that lie outside of the city’s limits in Fairfax County.

Falls Church Contracts

  • In the past week, 23 homes went under contract in Falls Church.
  • 70% of those homes were listed for less than $500,000.
  • None of the homes that went under contract this week were listed for more than $1,000,000.

Falls Church Inventory

  • Active single family home listings: 153
  • Active townhouse listings: 43
  • Active condo listings: 110

Listings Sold & Average Days on Market in Falls Church and Falls Church City

A total of 14 homes were sold in Falls Church this past week. Five of those homes were in Falls Church City. The average sales price for all of the homes sold this week is $456,893.

The average number of days on market for homes that sold in the past week is 91 days for those homes within the city limits, and 25 days for those outside the city limits in Fairfax County.

If you’d like more information or if you have any questions, please contact the Wethman Group.

Source: MRIS.  All data deemed accurate but not guaranteed.

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