Countywide

Potential economic and political headwinds are unlikely to derail sales and price increases Northern Virginia’s 2025 housing market, industry experts believe.

That’s good news for prospective sellers, but purchasers, especially first-time homebuyers, could face continued challenges, according to a 2025 housing market forecast publicly unveiled on Tuesday (Dec. 17) by George Mason University researchers and the Northern Virginia Association of Realtors (NVAR).


News

The new townhomes under construction along Route 7 in Pimmit Hills have all been snapped up.

Developer EYA announced in late October that all 104 townhouses in Tysons Ridge have been sold, months ahead of the anticipated completion of construction.


Countywide

Homebuyers across Fairfax County paid, on average, 7.8% more per square foot in October than they did a year before.

Fairfax’s average per-square-foot price of $374, up from $347 in October 2023, was in the middle of the Northern Virginia pack, but the year-over-year increase was on the high side across the D.C. region and broader Mid-Atlantic corridor.


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