FALLS CHURCH CITY HOUSING MARKET DATA

With relatively few transactions, there was a decrease in total units sold in July, with 22 sold this month in Falls Church City Real Estate. This month's total units sold was higher than at this time last year, an increase from July 2024.

The total number of homes available this month is 40 units, which is similar compared to a year ago. This month's total of 40 is lower than the previous month's total supply of available inventory of 43, a decrease of 7%.

Last July, the median sale price for Falls Church City Homes was $1,000,000. This July, the median sale price was $945,000, a decrease of 6% or $55,000 compared to last year. The current median sold price is 14% lower than in June.

Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.

In July, there was 1.8 months of supply available in Falls Church City, compared to 2.7 in July 2024. That is a decrease of 32% versus a year ago.

Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.

This month there were 10 homes newly listed for sale in Falls Church City compared to 14 in July 2024, a decrease of 29%. There were 9 current contracts pending sale this July compared to 13 a year ago. The number of current contracts is 31% lower than last July.

In July, the average sale price in Falls Church City was 99.4% of the average list price, which is 1.3% lower than at this time last year.

This month, the average number of days on market was 38, higher than the average last year, which was 13. This increase was impacted by the limited number of sales.





FOCUS ON: FALLS CHURCH CITY HOUSING MARKET			JULY 2025

Units Sold 22	Active Inventory 40	Median Sale Price $945,000	Days On Market 38

Up Vs. Year Ago	No Change Vs. Year Ago	Down -6% Vs. Year Ago	Up Vs. Year Ago


		Units Sold With relatively few transactions, there was a decrease in total units sold in July, with 22 sold this month in Falls Church City Real Estate. This month's total units sold was higher than at this time last year, an increase from July 2024.
Active Inventory The total number of homes available this month is 40 units, which is similar compared to a year ago. This month's total of 40 is lower than the previous month's total supply of available inventory of 43, a decrease of 7%.
		Median Sale Price Last July, the median sale price for Falls Church City Homes was $1,000,000. This July, the median sale price was $945,000, a decrease of 6% or $55,000 compared to last year. The current median sold price is 14% lower than in June. Median sale price is the middle sale price in a given month. The same number of properties are above & below the median.



New Listings 10	Current Contracts 9	Sold Vs. List Price 99.4%	Months of Supply 1.8

Down -29% Vs. Year Ago	Down -31% Vs. Year Ago	Down -1.3% Vs. Year Ago	Down -32% Vs. Year Ago


		Months of Supply In July, there was 1.8 months of supply available in Falls Church City, compared to 2.7 in July 2024. That is a decrease of 32% versus a year ago. Months of supply is calculated by dividing current inventory by current sales. It indicates how many months would be needed to sell all of the inventory available at the current rate of demand.
New Listings & Current Contracts This month there were 10 homes newly listed for sale in Falls Church City compared to 14 in July 2024, a decrease of 29%. There were 9 current contracts pending sale this July compared to 13 a year ago. The number of current contracts is 31% lower than last July.
		Sale Price to List Price Ratio In July, the average sale price in Falls Church City was 99.4% of the average list price, which is 1.3% lower than at this time last year. Days on Market This month, the average number of days on market was 38, higher than the average last year, which was 13. This increase was impacted by the limited number of sales.



	*Detached, Attached, and Condo varies by local area Multiple Listing Service (MLS) definition. For more information regarding your specific market, contact one of Long & Foster's knowledgeable and experienced sales associates.
	Information included in this report is based on data supplied by BRIGHTMLS and its member Association(s) of REALTORS, who are not responsible for its accuracy. Does not reflect all activity in the marketplace. Information contained in this report is deemed reliable but not guaranteed, should be independently verified, and does not constitute an opinion of BRIGHTMLS or Long & Foster Real Estate, Inc.