The Northern Virginia Association of Realtors® reports on July 2017 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.

A total of 2,251 homes sold in July 2017, a 2 percent increase above July 2016 home sales of 2,209.

Active listings decreased in July by about 12 percent compared with 2016. This past July, there were 4,375 active listings, compared with 4,991 homes available in July 2016. The average days on market (DOM) for homes in July 2017 was 36 days, a decrease of about 12 percent compared to the 41 DOM for homes in July 2016.
The average home sale price rose to $591,500 from last July’s average of $565,567. This was a 4.59 percent increase.

The median sold price of homes this July, which was $512,500, rose by less than one percentage point compared to the median price of $510,000 in July 2016.
The 1,981 new pending home sales in Northern Virginia in July fell compared with 2,030 new contracts pending in July last year. Total pending sales in July were down by 11.28 percent, to 2,563, compared with 2,889 pending contracts in July 2016.


If you are looking to buy or sell a home in Northern Virginia, Call us today for a free consultation at 1-888-884-3396 or visit our website at

We have Homes for sale in all Northern Virginia including Homes for sale in Woodbridge, Homes for sale in Lorton, Homes for sale in Manassas, Homes for sales in Fairfax and surrounding areas. If you are looking for great REO's or Banked owned properties in Northern Virginia Call The Team USA 

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