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Northern Virginia Market Quarterly
May 16th, 2011 3:11 AM

Let's take a look at the first quarter 2011... 

There were a total of 4,602 single family residential sales in the Northern Virginia real estate market in the first quarter 2011.  The average sold price was $428,594, up from an average sold price of $410,575 for the same period a year ago. The sold price range was $31,500 - $4,500.000. The average sold price as a percentage of the average original list price was 94% with an average days-on-market of 73 days.  

Alexandria City Real Estate:

Alexandria City saw a total of 216 single family residential sales in the first quarter, up from 157 sales in the first quarter 2010.  The sold price range was $142,000 - $2,500,000 with an average sold price of $617,033, up 7.5% from the same period a year ago.  The median sold price was $575,500.  The average sold price as a percentage of the average original list price was 95%.  The days-on-market has ranged from 0 - 450 days with an average days-on market of 79 days. 

Check out the Alexandria City Monthly Market Updates.

                    We appraise Alexandria City real estate! 

Arlington County Real Estate:

There were a total of 204 single family residential sales in the Arlington County market in the first quarter 2011.  Sold prices ranged from $145,555 - $1,785,056 with an average sold price of $683,689, up 4.9% from quarter 1, 2010.  The median sold price was $624,750.Days-on-market ranged from 0 -515 days with an average days-on-market of 76 days. The average sold price as a percentage of the average original list price was 95% in the first quarter, unchanged from the first quarter 2010.

Check out our Arlington County Monthly Market Updates.

                    We appraise Arlington County real estate!

Fairfax County Real Estate:

Fairfax County had the largest number of sales in the Northern Virginia Market. There were 1,942 single family sales in the first quarter 2011, down slightly from a total of 2,082 sales in the first quarter 2010.  The average sold price was $492,458, up from an average of $478,582 or 2.9% in the first quarter 2010. The average days-on-market was 74 days with a range of 0 - 1,075 days.  The average sold price as a percentage of the average original list price was 95%, up slightly from 94% year-over-year.

Check out our Fairfax County Monthly Market Updates.

                    We appraise Fairfax County real estate!

Fairfax City Real Estate:

Fairfax City shows 56 single family residential sales in the first quarter, up from 40 sales in the first quarter 2010. The average sold price was $440,763, down 4% year-over-year. The sold price range was $205 - $810,000.  The days-on-market range was 0 - 411 with and average days-on-market of 63. The sales-to-original list price ratio was 96% in the first quarter, unchanged year-over-year.

                     We appraise Fairfax City real estate!

Falls Church City Real Estate:

There were a total of 11 single family sales in the City of Falls Church market in the first quarter.  The average sold price was $775,955 with a sold price range of $409,000 - $1,360,000.  The average days-on-market was 72 with a range of 0 - 183 days.  The sales-to-list price ratio based on the original list price was 96% in the first quarter, down slightly from 87% year-over-year.

                      We appraise Falls Church real estate!

Fauquier County Real Estate:

Fauquier County saw a total of 115 single family residential sales in the first quarter 2011, down from 149 sales in the first quarter 2010.  The sold price range was $31,500 - $2,275,000 with an average sold price of $275,966, down from an average sold price of $283,32 for the same period a year ago.  The median sold price was $246,000. The days-on-market ranged from 0-1,386 days with an average DOM of 119 days.  The sales to list-price ratio was 88%, down from 91% year-over-year.   

Loudoun County Real Estate:

There were a total of 804 single family sales in Loudoun County in the first quarter, down from 865 sale in quarter 1 2010.  The average sold price was $428,944 with sold price range of $85,000 - $4,500,000.  This is an increase from an average sold price of $423,579 in the first quarter 2010. The days-on-market ranged from 0 - 874 days with an average of 80 days.  The sales-to-list-price ratio was 93% based on the original list price. 

Check out our Loudoun County Monthly Market Updates.

                    We appraise Loudoun County real estate!

Manassas City Real Estate:

Manassas City shows a total of 82 single family sales in the first quarter, down from 128 sales year-over-year.  The average sold price was $195,430, up from an average of $192,919 year-over-year. The median sold price was $173,000.  The sales-to-list-price ratio was 96%, down slightly from 97% a year ago.  Days-on-market ranged from 0 - 756 days with an average DOM of 61.

                     We appraise Manassas City real estate!

Manassas Park City:

Manassas Park City saw a total of 41 single family residential sales in the first quarter 2011, down from a total of 57 sales in the first quarter 2010.  The sold price range was $102,000 - $465,000.  The average sold price was $206,439, up 3.6% year-over-year.  The median sold price was $193,000. Average days-on-market was 49 days with a range of 2 - 181 days.  The average sold price as a percentage of the average original list price was 95% in the first quarter.

                      We appraise Manassas Park real estate!

Prince William County Real Estate:

There were a total of 1,110 single family residential sales in the Prince William market in the first quarter 2011.  The average sold price was $270,000 with a price range of $60,000 - $1,099,845.  This compares to an average sold price of $266,632 in the first quarter 2010.  The average day-on-market was 60 days with a range of 0 - 900 days.  The sales-to-list-price ratio was 96%.

Check out our Prince William County Monthly Market Updates.

                    We appraise Prince William County real Estate!

 

 

 


Posted in:General
Posted by Erol Sevin on May 16th, 2011 3:11 AMPost a Comment

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