Altos Market Data for Realtors

Falls Church, VA

Single-Family Homes

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Falls Church, VA

Fri Jul 30 2021
This week the median list price for Falls Church, VA is $850,000 with the market action index hovering around 74. This is less than last month's market action index of 76. Inventory has held steady at or around 66. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Falls Church, VA

Fri Jul 30 2021
This week the median list price for Falls Church, VA is $850,000 with the market action index hovering around 74. This is less than last month's market action index of 76. Inventory has held steady at or around 66. 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 off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Falls Church market.
Median List Price $850,000
Median Price of New Listings $848,888
Per Square Foot $349
Average Days on Market 41
Median Days on Market 14
Price Decreased 24%
Price Increased 6%
Relisted 9%
Inventory 66
Median Rent $3,200
Market Action 74
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$1,712,000 5,918 0.25 - 0.5 acre 5 5 1 3 2 28
$1,065,000 3,297 0.25 - 0.5 acre 5 3 67 3 4 14
$799,900 2,462 0.25 - 0.5 acre 4 3 67 3 5 28
$639,000 1,350 0.25 - 0.5 acre 3 2 70 6 7 7