Falls Church, VA Market Report – 1/4/13

04 Jan
January 4, 2013

All numbers for Falls Church continue to show a healthy market. Prices are steadily climbing and sellers are capturing their asking price 99.25% of the time, and they do not have to market the homes very long.

This puts some pressure on the buyers to be on top of their game so they get a chance to put a bid on these hot properties.

Statistic

Values

YoY

MoM

Total Sold Dollar Volume

$18,275,209

+65.18%

+34.47%

Closed Sales

33

+65%

+37.5%

Median Sold Price

$510,000

+11.48%

+7.48%

Avg Sold Price

$553,794

+0.11%

-2.21%

Avg Days on Market

35 days

-23.91%

+34.62%

Avg Sold to Orig List Ratio

99.25%

+4.01%

+1.92%

To find out what you need to do as a seller to get your home sold quickly and for top dollar call our office in Tysons Corner and one of our agents will be happy to assist you. Our office’s agents are very experienced in negotiating contracts and as a Buyer you would be well served and be a step above your competition. Your home is waiting for you!

formation obtained from statistics supplied by Metropolitan Regional Information Systems, and analysis and comment by Chris Brown, Sales Manager at the Avery Hess, Realtors Tysons Office

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