Falls Church Virginia Real Estate Sales Market Report for November 2009

MyFairfaxCountyRealEstate.com

November 2009 Falls Church Real Estate Sales Market Report

*129 Active Homes

Summary:

Home sales stayed pretty much the same this month as last. The only difference was there was about 9 more distressed properties.  Alot of homes are still selling here in Falls Church and prices are affordable for first time home buyers and move up buyers. 

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

Single Family Homes Falls Church

• Sold Falls Church Homes in November 2009: 56 homes
• Average Sold Price: $488,019
• Median Sold Price: $428,000
• Homes sold for about: 97.9% of asking price
• Average Days on Market: 47 days 

Out of the 56 Falls Church home sales in November - 18 (32%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Falls Church

• Sold Falls Church Townhomes in November 2009: 15 homes
• Average Sold Price: $490,160
• Median Sold Price: $458,450
• Homes sold for about 96.6% of asking price
• Average Days on Market: 98 days

Out of the 15 Falls Church townhomes that sold in November - 3 (20%) were distressed (foreclosure, bank owned, short sale).

Condos in Falls Church

• Sold Falls Church Condos in November 2009: 43 homes
• Average Sold Price: $200,859
• Median Sold Price: $199,000
• Homes sold for about 98.6% of Asking price
• Average Days on Market: 44 days

Out of the 43 Falls Church condos that sold in November - 17 (40%) were distressed (foreclosure, bank owned, short sale).


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

  Email: natejohnson@kw.com

703-725-2929