See the December 2010 Sales Report for Fairfax County
Northern Virginia: December 2010
The Northern Virginia Association of Realtors® reports on December 2010 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.
A total of 1,407 homes sold in December 2010, an increase of about 4 percent above December 2009 home sales of 1,349.
Active listings increased by about 3 percent this month compared to last year, with 5,593 active listings in December, compared with 5,421 homes available in December 2009. The average days on market (DOM) for homes in December 2010 increased by 14 percent to 65 days, compared with 57 days in December 2009.
Average sales prices rose by about 2 percent compared with those realized last year. The average sales price this December was $482,376, compared with last December’s average of $474,104.
The median price of homes sold in Northern Virginia in December was $400,000, which is an increase of around 4 percent compared with December 2009’s median price of $385,000.
Average sales prices rose by about 2 percent compared with those realized last year. The average sales price this December was $482,376, compared with last December’s average of $474,104.
The median price of homes sold in Northern Virginia in December was $400,000, which is an increase of around 4 percent compared with December 2009’s median price of $385,000.
The number of pending home sales in Northern Virginia in December dropped slightly compared to last year with 1,192 sales pending compared to 1,225 in December 2009, a decrease of about 3 percent.
