Market Statistics

 
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Housing Data and Statistics

NVAR partners with George Mason University to bring local housing data to its members.

Local Market Data at Your Fingertips

The Northern Virginia Association of Realtors® reports on home sales activity for Fairfax and Arlington counties; the cities of Alexandria, Fairfax, and Falls Church; and the towns of Vienna, Herndon, and Clifton with data provided by George Mason University's Center for Regional Analysis and Bright MLS.

NVAR releases monthly market statistics to deliver local market data for the cities and counties in the NVAR region. Every month, we issue a press release, infographic, and video that you can share and include in your client presentations.

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2025 NVAR Regional Housing Market Forecast 

Each year, the Northern Virginia Association of Realtors® (NVAR), in conjunction with the Center for Regional Analysis at George Mason University (GMU-CRA), issues a consensus forecast for the NVAR region’s housing market.

2023 Housing Economic Impact Report

In 2023, the residential real estate industry located in the NVAR service area sparked $17 billion in local economic activity and supported over 88,400 jobs, paying almost $6.5 billion in labor earnings.

 


An Update on the DC-Area Housing Market

There have been "reports" on social media that there has been a surge of new listing activity in the Washington DC area housing market, which some are pointing to as evidence of an exodus of federal employees from the region. Facts do not support these "reports."

Based on Bright MLS data through February 16, we are not seeing a significantly different pattern in the DC area that would suggest listing activity associated with changes within the federal government workforce. Listing activity in the first two weeks of February is virtually unchanged from a year ago.

In Arlington, Virginia, there were 110 new listings in the first part of February this year compared to 112 new listings during the same period in 2024. The pattern is similar in the broader DC region, and throughout the Mid-Atlantic. Our partners at Bright MLS have the data and are sharing a new blog post.

Don’t believe the hype you might be hearing on social media. Get the facts! Work with a Realtor®! Read the Bright MLS blog here.

Monthly Market Statistics

Market Statistics: December, 2019

December 2019 market statistics graphic

View December Home Sales Report Here

December 2019 and Year-End Regional Home Sales Compared to 2018: Northern Virginia
Data from BrightMLS as of January 7, 2020; total sales and listings may not include garage/parking spaces.

December Data:

A total of 1,525 homes sold in December 2019, an increase of less than 1% from December 2018 home sales of 1,514.

Active listings decreased in December month compared with 2018. Listings were down by about 24% below last year, with 1,446 active listings in December, compared with 1,905 homes available in December 2018.

The average home sale price rose by 8.15% compared with last December, to $641,789. The December 2018 average price was $593,400.

The median sold price of homes in December, which was $554,000, rose by 8.20% compared to the median price of $512,000 in December 2018.

The average days on market for homes in December was 30, which was 28.57% below the 42 average days on market for homes in December 2018.


View Full Press Release Here
Market Statistics (Sales)
Market Statistics (Rentals)

    Northern Virginia Quarterly Rental Statistics are available as PDF documents.

    Find more information here.

Market Statistics Archive