Falls Church Virginia Real Estate Sales Market Report for October 2009

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 October 2009 Falls Church Real Estate Sales Market Report

Summary:

In October, Falls Church has had some pretty reasonable prices for Single Family homes and condos.  You just have to act quick. About half of these were distressed properties.  So Falls Church is still getting hit by this market.

Contact us if you are thinking about buying or selling in Falls Church

Single Family Homes Falls Church

• Sold Falls Church Homes in October 2009: 50 homes
• Average Sold Price: $471,716
• Median Sold Price: $405,000
• Homes sold for about: 98.8% of asking price
• Average Days on Market: 53 days 

Out of the 50 Falls Church home sales in October - 20 (40%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Falls Church

• Sold Falls Church Townhomes in October 2009: 13 homes
• Average Sold Price: $443,688
• Median Sold Price: $458,450
• Homes sold for about 98.4% of asking price
• Average Days on Market: 51 days

Out of the 13 Falls Church townhomes that sold in October - 0 (0%) were distressed (foreclosure, bank owned, short sale).

Condos in Falls Church

• Sold Falls Church Condos in October 2009: 40 homes
• Average Sold Price: $197,500
• Median Sold Price: $212,000
• Homes sold for about 96.8% of Asking price
• Average Days on Market: 60 days

Out of the 40 Falls Church condos that sold in October - 9 (23%) were distressed (foreclosure, bank owned, short sale).


Falls Church zip codes - 22040, 22041, 22042, 22043, 22044, 22046

  Email: natejohnson@kw.com

703-725-2929