Wednesday, January 6, 2010

Falls Church Virginia Real Estate Sales Market Report for December 2009




December 2009 Falls Church Real Estate Sales Market Report


Summary:
Falls Church had a really good December for home sales. 90 home sales with 165 active.  Distressed numbers came down a little bit but this wil go back up as the spring market hits and the banks release more properties on the market. Don't miss out on this great opportunity to buy!

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

Single Family Homes Falls Church
  • Sold Falls Church Homes in December 2009: 48 homes
  • Average Sold Price: $479,101
  • Median Sold Price: $385,000
  • Homes sold for about: 97.8% of asking price
  • Average Days on Market: 58 days 
Out of the 48 Falls Church home sales in December - 12 (25%) were distressed (foreclosure, bank owned, short sale).

Townhomes in Falls Church
  • Sold Falls Church Townhomes in December 2009: 9 homes
  • Average Sold Price: $524,426
  • Median Sold Price: $470,000
  • Homes sold for about 98.5% of asking price
  • Average Days on Market: 49 days
Out of the 9 Falls Church townhomes that sold in December - 2 (22%) were distressed (foreclosure, bank owned, short sale).

Condos in Falls Church
  • Sold Falls Church Condos in December 2009: 33 homes
  • Average Sold Price: $204,800
  • Median Sold Price: $202,500
  • Homes sold for about 97.4% of Asking price
  • Average Days on Market: 54 days
Out of the 33 Falls Church condos that sold in December - 14 (42%) were distressed (foreclosure, bank owned, short sale).


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



703-725-2929




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