News

Homes going to contract across the region for the week ending Sept. 17 saw a major bump up from a week before, but other market-performance data pointed to ongoing soft conditions.

The total number of purchase contracts reported regionally – 1,268 – was up 21.7 percent from a week before if still down 22.6 percent from a year ago, according to figures reported by Bright MLS.


News

There’s still time for an amicable conclusion, but members of the Fairfax County Board of Supervisors on Sept. 12 took a procedural step to keep the long-planned replacement of a major sewer pipe in Merrifield on track.

On an 8-2 vote, supervisors gave county staff the power to begin condemnation proceedings that would allow the county government to use a portion of a commercial property at 8315 Lee Highway for installation of a new 563-linear-foot sewer.


News

There are some signs that the lack of home inventory across the region may ease this fall, but portions of McLean, Vienna, Oakton and Great Falls each saw such limited supply in August that many prospective home-buyers didn’t even bother jumping in.

That’s the conclusion of the latest Bright MLS T3 Home-Demand Index, released Sept. 12, which pointed to limited inventory in McLean’s 22101 and 22102 ZIP codes along wiith Oakton’s 22124, Vienna’s 22182 and Great Falls’s 22066.


News

Average sales prices across all three segments of the Fairfax County real-estate market showed major year-over-year jumps in August sales data, even as home sales continue to be held back by availability and affordability issues.

The average sales price of the 1,100 properties that went to closing across the county last month was $845,311, up 17.2 percent, according to figures reported by MarketStats by ShowingTime based on listing activity from Bright MLS.


News

A proposal to revamp the Pan Am Shopping Center in the Vienna area of Fairfax County may breathe new life into an historic nearby cemetery.

In taking a procedural step forward on the development plan, Fairfax supervisors (strongly) suggested the shopping center’s owner make an effort to assist the family whose ancestors rest in the burial ground.


View More Stories