Tuesday, January 11, 2022   /   by Laura Larson

Market Update

MARKET WATCH

In December, the median home price on Northern Virginia was $600,000, 3.40% vs December 2020.  New single-family home listings decrease by -20.41%.

Northern Virginia Key Data Points
Here are some key data points provided by Laura Larson - Larson Fine Properties.

Northern Virginia: Attached Homes – December & YTD

• December Median Sale Price $600,000, 3.40% vs. 12/20; YTD $580,250 vs. 2020.
• December Closed Sales 764,  vs. 12/20; YTD Closed Sales 825 vs. 2020.
• December Days on Market Until Sale 28 33.33%  vs. 12/20; YTD 21  vs. 2020.

Northern Virginia: Condominium – December & YTD

• December Median Sale Price $600,000, 3.40% vs. 12/20; YTD $580,250 vs. 2020.
• December Closed Sales 649,  vs. 12/20; YTD Closed Sales 584 vs. 2020.
• December Days on Market Until Sale 28 33.33%  vs. 12/20; YTD 21  vs. 2020.