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A total of 1,719 homes sold in October 2019, an increase of 9.21% from October 2018 home sales of 1,574. Active listings decreased this month compared with 2018. Listings were down by about 33% below last year, with 2,556 active listings in October, compared with 3,767 homes available in October 2018. The average home sale price rose by 6.58% compared with last October, to $607,230. The October 2018 average price was $569,748. The median sold price of homes this October, which was $549,900, rose by about 12% compared to the median price of $490,000 in October 2018. Read more about the NVAR region housing market in GMU-CRA Market Metrics articles published in NVAR’s RE+VIEW magazine, found at NVAR.com/review. Listen to our Real Life podcast, found at NVAR.com/RealLife.
Northern Virginia Quarterly Rental Statistics are available as PDF documents.
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