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October 10, 2008
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  CONDITIONS™
By Local Real Estate Experts  

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > Falls Church


Market Conditions Summary for Falls Church, Virginia


Reported by

Casey ONeal, Associate Broker
as of 10/6/2008:
Falls Church is an address that includes Falls Church City, a very small geographic area, and the Falls Church postal address in Fairfax County. Falls Church City's school system continues to draw a crowd for it's school system and Metro proximity.... MORE->
About Casey ONeal, Associate Broker

Reported by

Katie Loughney
as of 9/21/2008:
Within the last month Falls Church has seen 45 single family homes, 9 townhomes, and 20 condos change hands. Closing prices for single family homes ranged from $323,000 for a 3 bedroom, 2 bath Rambler to $1.145 million for a 5 bedroom, 5.5 bath,... MORE->
About Katie Loughney

Reported by

Barb Northam
as of 9/21/2008:
Because there are so few properties on the market at any one time (currently 64), and the average Sold Price is $476K, these stats tell us that only the lower end of the market is moving.. This average represents a decrease of 34% over last year... MORE->
About Barb Northam

Reported by

Steve Hawkins
as of 8/28/2008:
Falls Church had 16 units sell in July 2008 compared to 18 in July 2007. Days on market was 63. With significantly increased market times, sellers must be competitively priced to compete. Give me, Steve Hawkins, a call anytime @ 703-909-3939 or... MORE->
About Steve Hawkins

Reported by

Bobbie Salame Weichert Assoc. Broker
as of 8/18/2008:
Hearing all the time about the doom and gloom of the real estate market can get us in a definite recession. So let us examine our options. The mortgage rates are at a historical low. Lots of house inventory in the market. Sellers are willing to... MORE->
About Bobbie Salame Weichert Assoc. Broker

Reported by

Charlene Bayes www.CharleneBayes.com
as of 8/9/2008:
As you can see from my newer listings, Northern Virginia and Falls Church are still holding value for property owners. With I-66, East and West Falls Church metro, commuting inside the "beltway" is easier. Check out my new website and the... MORE->
About Charlene Bayes www.CharleneBayes.com

Reported by

Scott Koval
as of 6/23/2008:
Falls Church, Virginia has many luxury properties for sale. Call Scott Koval at 703-625-3446 to schedule an appointment. At the moment, we are experiencing a perfect storm in the Real Estate industry. The combination of low interest rates,... MORE->
About Scott Koval
Watch one of my Television commercials.


Average Current Market Rating: 1.9    (7 ratings)




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Buyer's Market

Seller's Market

Average Current Price Trend: 1.9    (7 ratings)




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Falling

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Navigate: Top > Virginia > Falls Church


Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 5.94%
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1 Year Adj: 5.15%
(U.S. Weekly Averages)

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