News

Sales were down year-over-year owing to affordability and availability issues across Fairfax County, but those homes that did sell in September moved quickly from listing to ratified contract, according to new data.

Despite the briskness, the sluggish market resulted in a 20-percent year-to-year drop in overall market volume for the month.


News

It may not be an indication that a bubble is about to pop, but for the first time in six months, the average sales price of single-family homes across Fairfax County fell below $1 million in September.

The dropoff between August and September was 11 percent, with the average sales price of the 385 single-family homes going to closing last month standing at $993,138. In August, the average had been an all-time high of $1,122,304.


News

By Brian Trompeter

The future Tysons Community Center received some vital backing Oct. 10 when the Board of Supervisors authorized the Fairfax County Economic Development Authority (FCEDA) to sell up to $43 million worth of revenue bonds to support construction of the facility and part of its parking costs.


News

By Brian Trompeter

A special grand jury on Oct. 12 indicted a former Fairfax County police officer on charges of involuntary manslaughter and reckless discharge of a weapon in connection with the Feb. 22 shooting death of an unarmed shoplifting suspect outside Tysons Corner Center.


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