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Market Update

Tuesday, January 11, 2022   /   by Laura Larson

Market Update

december-market-stats-2021 (1).jpgMARKET 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.