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Fairfax Real Estate

N.Va. loses market share in statewide home sales in first quarter

N.Va. loses market share in statewide home sales in first quarter

Local region responsible for 30.1% of transactions in Old Dominion January-to-March
Current local home-showings running about half of 2021 peak

Current local home-showings running about half of 2021 peak

Some local buyers are waiting for lower interest rates, more inventory later in spring
1st-quarter home sales down year-over-year across region

1st-quarter home sales down year-over-year across region

9,456 properties changed hands across D.C., inner and outer suburbs
Data: More buyers in area homes market than sellers to greet them

Data: More buyers in area homes market than sellers to greet them

As a result of inventory crunch, prices continue to keep on rising
Millennials surge forward to lead home-buying pack

Millennials surge forward to lead home-buying pack

Demographic group displaces Baby Boomers in
Region's median home-listing price now at record levels

Region's median home-listing price now at record levels

An all-time high was set for week that ended April 14, according to Bright MLS
After growth in February, year-over-year home sales dip in March

After growth in February, year-over-year home sales dip in March

Northern Virginia Association of Realtors sees inventory tightness as holding back transactions
Fairfax, regional home sales slip year-over-year in March

Fairfax, regional home sales slip year-over-year in March

County's sales total of 2,061 was down 7.7% in new data
Fairfax per-square-foot home-sales costs again in middle of pack

Fairfax per-square-foot home-sales costs again in middle of pack

But median price of $352 per square foot in recent data for county was up 10.7%
Zillow identifies best markets for first-time homebuyers

Zillow identifies best markets for first-time homebuyers

Local region, perhaps unsurprisingly, did not make the top 10