Countywide

Fairfax County homes market posts higher sales, prices in first half of 2026

Fairfax County home sales increased year-over-year during the first six months of 2026, with average, median and per-square-foot sales prices also up.

A total of 6,289 residential properties changed hands between Jan. 1 and June 30, according to figures reported Friday (July 10) by MarketStats by ShowingTime.

That’s an increase of 6.8% from the first six months of 2025, aided by an 8.3% year-over-year increase in June to 1,434 sales.

During the first half of 2026, the average sales price of $928,075 was up 5% from $884,013, while the median sales price of $780,000 was up 2% from $765,000, according to the figures.

Buyers across Fairfax paid an average $378 per square foot of housing in the first six months of the year, up slightly from $375.

The amount of time it took for homes to go from listings to ratified contracts in June was relatively flat compared to a year before, with the average of 20 days marking an increase from 18 and the median of seven days up from six.

In June, the average sales price of all homes selling in the county was $983,998, up 11.8%, with increases in all three segments of the market:

  • The average sales price of a detached single-family home was $1,288,678, up 10.2%
  • The average price of an attached home (townhouses, rowhouses or condominiums) was $584,474, up 3.6%
  • The average price in the condo-only segment was $435,630, up 2.9%

For the month, the total sales volume countywide was $1.405 billion, up 20.9% from a year before.

Figures represent most, but not all, homes on the market. All June 2026 figures are preliminary and subject to revision.

Fairfax County home sales, June 2026 (courtesy MarketStats by ShowingTime)

Fairfax City records slight sales decline

The City of Fairfax recorded a slight year-over-year decline in home sales during the first six months of 2026.

A total of 159 properties went to closing from January through June, down from 163 in 2025, according to the new figures from MarketStats by ShowingTime.

The average sales price of all homes selling during the period was $770,976, down 8.1% from a year before, while the median sales price of $740,000 was down 10.5% from $827,000.

The average price per square foot was $368 for the first six months of 2026, compared to $342 a year before.

Homes that went to closing across the city in June spent an average 23 days between listing and ratified sales contract, up from an average of 20 days during the same month in 2025.

Metro area sees year-over-year sales increase

Across the D.C. metro area, sales for the month totaled 5,274, up 4.4% from a year before, according to Bright MLS, the region’s multiple-listing service. The median sales price of $875,000 was up 1.7% from a year ago.

Across the metro area and broader Mid-Atlantic, both buyers and sellers were active in June, according to data reported July 10.

“The Mid-Atlantic market continues to be driven by higher-end sales,” said Bright MLS chief economist Lisa Sturtevant.

“Higher-income and repeat-buyers are most active, while moderate-income and first-time buyers are often shut out,” Sturtevant said.

She added:

“Even though mortgage rates remain in the 6.5% range, many buyers are acting now, perhaps concerned about higher rates later in the year.”

“Listing activity has rebounded after a slow start to the year and the higher inventory has been a key factor bringing more homebuyers into the market.”

The median sold price in June was $460,000, a 2.3% year-over-year increase and a new record higher for the Bright MLS service area.

June 2026 regional home sales data (courtesy Bright MLS)

Zillow: Metro area’s median valuation flat from 2025

Home values across the Washington metropolitan area were flat year over year in June, according to new Zillow estimates.

The median Zillow valuation of D.C.-region homes for the month was $584,571, down 0.1% from June 2025, according to new data. That compares to a median U.S. value of $372,057, up 1.1% from a year before.

Zillow estimates home valuations based on sales price and other factors.

According to preliminary Zillow estimates, D.C.-area home sales were up 5.8% from last year, in line with a 9.2% national growth rate to 381,125 transactions in June.

“The market wrestled with some uncertainty throughout the spring shopping season, but mortgage rates declining from their mid-spring peak has added some extra heat as we head into an already toasty summer,” said Mischa Fisher, chief economist at Zillow.

There were 1.39 million homes for sale nationwide in June, according to Zillow data. Active inventory was 0.9% higher than a year earlier.

Zillow home valuations, June 2026 (courtesy Zillow)

Va. home prices reach record high

Virginia home prices reached a record high in new data, but the statewide market is expected to cool as the spring/summer buying season gives way to autumn.

The median sales price of Virginia homes stood at a record $452,060 in May, up 2.7% year over year, Virginia Realtors reported. Sales for the month totaled 10,940, also up 2.7% year-over year.

June sales data will be reported later in July.

The state trade organization’s month Realtor Confidence Survey, conducted June 24 through July 1, showed largely stable sentiment among those in the industry.

The survey’s Buyer Activity Index was 42 on a 0-to-100 scale, unchanged from May, but down from 54 and 52 in April and March, respectively. The Seller Activity Index was 45, up from 40 in May but down from 48 in June.

In each case, the figures are in line with typical seasonal norms, which see activity peak in spring followed by those transactions completing by early summer.

Only 11% of survey respondents expect strong buyer activity in the next three months, and just 15% expect strong seller activity. Both are following typical seasonal trends.

Respondents were nearly equally divided on the state of prices anticipated in the early fall market, with 31% expecting higher sales prices by late September, 30% lower prices and 34% a largely unchanged market.

About the Author

  • A Northern Virginia native, Scott McCaffrey has four decades of reporting, editing and newsroom experience in the local area plus Florida, South Carolina and the eastern panhandle of West Virginia. He spent 26 years as editor of the Sun Gazette newspaper chain. For Local News Now, he covers government and civic issues in Arlington, Fairfax County and Falls Church.