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.
A key indicator suggests Fairfax County’s housing market is not yet feeling the full effects of the region’s economic uncertainty, but both data and expert opinion suggest the market could be in for a bumpy ride in coming months.
The average per-square-foot sales price of homes that sold across the county in April was $375, up 1.9% from $368 a year before, according to figures reported last Monday (May 12) by MarketStats by Showing Time for Bright MLS, the D.C. region’s multiple-listing service.
