The number of days on the market for homes that sold across Fairfax County in August was up 50% from a year before, according to new data.
The average of 24 days between listing and ratified sales contract — up from 16 in August 2024 — is a more modest jump than what D.C.’s closer-in suburbs have seen, but it still suggests prospective buyers are taking their time.
Just a couple of weeks after accusing state officials of undermining Fairfax County’s economic development work, Board of Supervisors Chairman Jeff McKay found himself cutting a ribbon with Virginia Gov. Glenn Youngkin to celebrate an economic development win for the county.
Local and state officials gathered at the Alexandria headquarters of defense contractor Systems Planning & Analysis this afternoon (Thursday) to announce its plans to invest $46.9 million in both the city and Fairfax County.
The CIA is hiring, though its recruiters can’t comment in detail on why.
The McLean-based intelligence agency joined over 65 other employers at the University of Virginia’s Northern Virginia campus in Merrifield last month for a career fair that drew hundreds of college students as well as recent (and not-so-recent) graduates, all of them scrambling for a foothold in an uncertain economy.
While Virginia’s unemployment rate has been ticking up for months, the state’s Republican leadership contends the jobless rate is just one piece of a larger, more complex economic puzzle.
“Virginia has jobs,” Gov. Glenn Youngkin said in an Aug. 19 statement accompanying the latest batch of state employment figures. “This month’s reports reflect modest payroll growth, continued positive revisions in recent months, and strong labor force demand, reinforcing the resilience of Virginia’s job market.”
Sales were down overall, but average prices were up in all three market segments, as the Fairfax County real estate market moved through the summer under challenging economic conditions.
A total of 1,144 properties went to closing in July, according to new figures from the Bright MLS multiple-listing service. That’s down 5% from 1,220 transactions in July 2024.
The Fairfax area’s luxury housing sector is holding up slightly better than the overall real estate market, according to a new data analysis.
Sales prices for the top 5% of the D.C. region’s market increased 2.3% year-over-year in the second quarter of 2025, according to a new report issued by multiple-listing service Bright MLS.
The number of Fairfax County residents seeking employment is up by a third year-over-year in new state data, as Northern Virginia continues to grapple with the Trump administration’s slashing of federal government jobs.
A total of 23,561 county residents were reported as looking for work in June’s unemployment figures, provided to FFXnow by state officials on Monday (Aug. 4).
A post-Covid boom in international travel has put Dulles International Airport atop a ranking for service to Africa.
The local airport, which sits on the border of Loudoun and Fairfax counties, has now surpassed John F. Kennedy International in New York for the most nonstop destinations to the continent, with eight cities to JFK’s six.
As federal worker layoffs drive up unemployment, a new roadmap to reshaping the regional economy, proposed by local business leaders, says Northern Virginia will have to reinvent its economy if it hopes to succeed.
The Northern Virginia Chamber of Commerce (NVC) and consulting firm Accenture released the NOVA Roadmap yesterday (Monday) at a press conference, calling it a “bold, actionable vision to reimagine the region’s economy.”
A 230% increase in passengers — to 90 million per year — is planned for Dulles International Airport later toward the end of the 21st century.
That aspirational figure was contained in the new master plan for the airport, approved Wednesday (July 16) by the Metropolitan Washington Airports Authority (MWAA) board of directors.
