Falls Church Real Estate Market Update: November 19, 2010

November 19, 2010 by · Leave a Comment 

Welcome to the latest installment of the Falls Church 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.

Next Thursday is Thanksgiving, so you won’ t be seeing us next week. We’ll be too busy trying to roll out of bed Friday morning after stuffing ourselves with turkey, cranberry sauce, and all the other goodies set before us on Thursday afternoon. So enjoy the holiday, and thanks for reading our blog!

Falls Church Contracts

  • In the past week, 19 homes went under contract in Falls Church.
  • 68% 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: 151
  • Active townhouse listings: 32
  • Active condo listings: 138

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

A total of 13 homes were sold in Falls Church this past week. Three of those homes were in Falls Church City, while the remaining 10 were outside of the city limits. The average sales price for all of the homes sold this week is $453,299.

The three homes in Falls Church City sat on the market an average of just nine days before they sold. The homes outside the city limits that sold this week took an average of 40 days to sell.

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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