Market Stats for Falls Church 22043

February 22, 2011 by · Leave a Comment 

The January market stats for 22043 are out, and they paint a mixed picture versus the same time period last year.  According to Real Estate Business Intelligence January report, sales volume and units are both down by 20% and 19%, respectively.  Median sales price, however, is up by 22.5% over January 2010.  Active listings are holding steady at 39 last year and 38 this year, unlike most parts of our area which are showing large drops in inventory.

It’s the larger, more expensive homes that seem to be taking the hit in prices this year.  Three bedroom homes have risen by 8 to 21% in price in 2011, but homes with 4 or more bedrooms have dropped a jaw-dropping 10 to 32% since 2010.

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