The general consensus is that it is now a seller’s market. Prices are going up, inventory is very low and days on the market have reduced since this time last year!
Check out what happened in your Northern Virginia city or county and compare it to February 2016:
| Location | Median Price | Change Since Last Year | Sales | Change Since Last Year | Active Inventory | Change Since Last Year | Days On Market | Change Since Last Year |
| Alexandria City | $431,000 | 2% | 182 | 2% | 381 | -23% | 42 | -24% |
| Arlington County | $523,500 | 1% | 170 | 21% | 463 | -13% | 53 | -2% |
| Clarke County | $275,375 | 27% | 12 | -8% | 77 | -34% | 62 | -28% |
| Fairfax City | $450,000 | -3% | 25 | 19% | 76 | -15% | 56 | -11% |
| Fairfax County | $455,500 | 2% | 862 | -1% | 2,522 | -18% | 49 | -17% |
| Falls Church City | $615,018 | -28% | 14 | 250% | 31 | -14% | 17 | -79% |
| Fauquier County | $389,900 | 16% | 49 | -16% | 378 | -7% | 92 | 7% |
| King George County | $310,000 | 19% | 20 | 0% | 88 | -33% | 51 | -18% |
| Loudoun County | $428,000 | 2% | 362 | -7% | 1,177 | -23% | 42 | -25% |
| Manassass City | $287,000 | -5% | 32 | -3% | 68 | -48% | 48 | -16% |
| Manassass Park City | $241,000 | 27% | 21 | 16% | 21 | -61% | 30 | -27% |
| Prince William County | $329,900 | 5% | 403 | -2% | 1,135 | -22% | 44 | -27% |
| Stafford County | $304,000 | 7% | 136 | 16% | 597 | -11% | 56 | -14% |
| Warren County | $208,500 | -5% | 45 | 10% | 217 | -22% | 65 | -18% |
| Overall | $412,090 | 3% | 2333 | 1% | 7,231 | -20% | 48 | -22% |
Let me know what you are seeing in your market!
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