First-quarter home sales were up across Fairfax County, but pricing data offered mixed signals about the state of the market, new figures showed.
A total of 2,192 properties went to closing between Jan. 1 and March 31, according to data from MarketStats by ShowingTime. That’s up 5.2% from the 2,084 transactions during the same period in 2025.
Sales prices were mixed, with the average price of $871,279 up 0.3%, but the median price of $725,000 down 1.4%.
Price data can be skewed by changes in the types of property in the overall mix. A better gauge of the overall market — the average sales price per square foot — was down 1.3% to $377 from the first quarter of 2025.
Homes that went to closing during the quarter spent an average of 28 days between listing and ratified sales contract. That’s up six from the 22 days required a year before.
The March housing market across the region saw an uptick, but the outlook remains “cautious,” according to a key analyst.
“Homes are taking longer to sell, inventory is rising, and buyers and sellers are still navigating higher mortgage rates and broader economic uncertainty,” said Lisa Sturtevant, chief economist for Bright MLS, the region’s multiple-listing service.
Across the D.C. region, the March market was “helped by improved weather and a temporary dip in mortgage rates early in the month,” Sturtevant said. “However, the recent run-up in rates and continued uncertainty around the conflict with Iran could limit how much momentum the market can sustain in the weeks ahead.”
A total of 3,818 properties went to closing in March across the metro area, up 5.2% from a year before. The median sales price of $635,000 was up 1.6%.
Fairfax County did its part to help the monthly sales totals: its 900 transactions represented a 7.7% year-over-year increase, while the median sales price of $768,000 was up 1.7% from March 2025.
Alexandria, Arlington, Fairfax City and Falls Church each saw double-digit increases in home sales vs. a year before in March. Loudoun County was an outlier — its 383 transactions were 4.5% lower than March 2025.
Figures represent most, but not all, homes on the market. All March 2026 and first-quarter 2026 figures are preliminary and are subject to revision.
