Altos Market Data for Realtors

Falls Church, VA

Single-Family Homes

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Falls Church, VA

Thu Dec 08 2022
This week the median list price for Falls Church, VA is $849,950 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has decreased to 62. Click here to stay informed with the Falls Church market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Falls Church, VA

Thu Dec 08 2022
This week the median list price for Falls Church, VA is $849,950 with the market action index hovering around 45. This is less than last month's market action index of 46. Inventory has decreased to 62. Click here to stay informed with the Falls Church market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Falls Church market.
Median List Price $849,950
Median Price of New Listings $1,174,450
Per Square Foot $372
Average Days on Market 98
Median Days on Market 63
Price Decreased 50%
Price Increased 5%
Relisted 21%
Inventory 62
Median Rent
Market Action 45
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,874,900 6,513 0.25 - 0.5 acre 6 5.5 0 1 2 147
$1,119,000 2,788 0.25 - 0.5 acre 5 3 68 0 3 42
$769,750 1,928 0.25 - 0.5 acre 4 3 71 1 4 21
$650,000 1,457 8,000 - 10,000 sqft 4 2 72 0 4 70