New home sales data for Fairfax County and the D.C. region show continued buyer wariness, but there’s no sense of impending doom.
“The [region’s] housing market has been slower-than-typical this spring, but it has fared much better than some expected in the face of cuts to the federal workforce and general economic uncertainty,” said Lisa Sturtevant, chief economist for Bright MLS, the region’s multiple-listing service.
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.
Great Falls is one of 233 communities nationwide where the value of a typical “starter home” now tops $1 million, according to a new Zillow analysis.
At just over $1.2 million, the typical value of a Great Falls starter home is six times the national average. Great Falls is the lone Virginia community to make the 2025 list.
The Fairfax real-estate market had a solid start to 2025. Where Fairfax and the broader Northern Virginia region goes from there, however, is an open question.
“It is still too soon to tell whether the spring housing market will blossom or stay dormant a little longer,” said Lisa Sturtevant, chief economist for Bright MLS, in parsing March’s housing data.
Here in Fairfax County, real estate is a spectator sport. Let’s take a look at some of the most and least expensive townhouses sold last month (February 2025).
Most expensive townhouses sold
Here in Fairfax County, real estate is a spectator sport. Let’s take a look at some of the most and least expensive condos sold last month (February 2025).
Most expensive condos sold
Here in Fairfax County, real estate is a spectator sport. Let’s take a look at some of the most and least expensive single-family homes sold last month (February 2025).
Most expensive single-family homes sold
Here in Fairfax County, real estate is a spectator sport. Let’s take a look at some of the smallest and largest homes sold last month (January 2025).
Largest homes sold
Here in Fairfax County, real estate is a spectator sport. Let’s take a look at some of the most and least expensive townhouses sold last month (January 2025).
Most expensive townhouses sold
Here in Fairfax County, real estate is a spectator sport. Let’s take a look at some of the most and least expensive condos sold last month (January 2025).
Most expensive condos sold
