Inventory remains tight across the Fairfax County homes market, helping to boost average sales prices in two of three market sectors in October.
A total of 855 properties went to closing across the county last month, according to new data reported by MarketStats by ShowingTime based on listing activity from Bright MLS and reported Nov. 10. That’s down 5.7 percent from the 907 sales recorded during a relatively quiet October 2022.
The number of homes going to contract in the Washington region for the week ending Nov. 5 was up (slightly) both from the preceding week and from a year ago.
That’s according to Bright MLS, which reported 1,102 contracts for the week, up 0.8 percent from a week before and up 0.5 percent from a year ago.
By Brian Trompeter
The Fairfax County Board of Supervisors will have a familiar 9-1 Democratic-Republican split come next year, although a couple of those faces will be new.
Willing sellers remain hard to find as the commonwealth’s real-estate market heads into its dormant period of the year, according to new data from the Virginia Realtors trade group.
The organization’s most recent monthly sentiment survey, conducted Oct. 25 to Nov. 2, shows both buyer and seller interest is tepid.
By Brian Trompeter
As post-pandemic office vacancies continue to run high and the need for housing increases, the McLean Citizens Association (MCA) board of directors is keeping an eye on both trends and their impacts.
By Brian Trompeter
Fairfax County supervisors on Oct. 24 unanimously agreed to use eminent-domain powers to obtain land rights from one property owner in order to proceed with the planned Chain Bridge Road Walkway project.
From the highest of high notes to the depths of their souls, competitors in the 2023 Classical Voice Vocal-Arts Competition for Emerging Artists of the Northern Virginia Business and Professional Women’s Club wowed a viewing audience as they gained performance skills and earned scholarship funds.
The biennial competition, held Nov. 4, asked competitors ages 18 to 26 to perform one selection from each of three categories: arias, art songs and either a Negro spiritual or work by a contemporary African-American composer.
By Brian Trompeter
Fairfax County police, along with several other county agencies, took part Oct. 28 in the U.S. Drug Enforcement Administration’s 25th annual National Prescription Drug Take-Back Day initiative.
By Brian Trompeter
A building at Chesterbrook Shopping Center in McLean that has reduced visibility from being positioned away from Old Dominion Drive now will be allowed to have signage on its rear as well as front, following unanimous approval Oct. 24 from the Fairfax County Board of Supervisors.
Fairfax County’s jobless rate declined slightly from August to September, part of a regional trend that saw little to no month-over-month movement up or down.
With 649,140 employed in the civilian workforce and 17,187 looking for jobs, the county’s unemployment rate was 2.6 percent for September, according to figures reported Nov. 1 by the Virginia Employment Commission.
