The Long & Foster Market Minute

FOCUS ON: SHIRLINGTON, FAIRLINGTON, AND CRYSTAL CITY HOUSING MARKET MAY 2025

Zip Code(s): 22206 and 22202
Units Sold
40
Active Inventory
67
Median Sale Price
$630,948
Days On Market
17
Down -2%
Vs. Year Ago
Up 6%
Vs. Year Ago
Up 13%
Vs. Year Ago
Up 70%
Vs. Year Ago

Units Sold
There was a decrease in total units sold in May, with 40 sold this month in Shirlington, Fairlington, and Crystal City Real Estate versus 43 last month, a decrease of 7%. This month's total units sold was lower than at this time last year, a decrease of 2% versus May 2024.

Active Inventory
Versus last year, the total number of homes available this month is higher by 4 units or 6%. The total number of active inventory this May was 67 compared to 63 in May 2024. This month's total of 67 is lower than the previous month's total supply of available inventory of 82, a decrease of 18%.

Median Sale Price
Last May, the median sale price for Shirlington, Fairlington, and Crystal City Homes was $559,301. This May, the median sale price was $630,948, an increase of 13% or $71,647 compared to last year. The current median sold price is 1% higher than in April.

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


New Listings
47
Current Contracts
46
Sold Vs. List Price
100.2%
Months of Supply
1.7
Down -10%
Vs. Year Ago
Up 15%
Vs. Year Ago
No Change
Vs. Year Ago
Up 9%
Vs. Year Ago

Months of Supply
In May, there was 1.7 months of supply available in Shirlington, Fairlington, and Crystal City, compared to 1.5 in May 2024. That is an increase of 9% 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 47 homes newly listed for sale in Shirlington, Fairlington, and Crystal City compared to 52 in May 2024, a decrease of 10%. There were 46 current contracts pending sale this May compared to 40 a year ago. The number of current contracts remained stable as compared to last May.

Sale Price to List Price Ratio
In May, the average sale price in Shirlington, Fairlington, and Crystal City was 100.2% of the average list price, which is similar compared to a year ago.

Days on Market
This month, the average number of days on market was 17, higher than the average last year, which was 10, an increase of 70%.

The Long & Foster Market Minute Shirlington, Fairlington, and Crystal City are defined as properties listed in zip code/s 22206 and 22202.
*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.
REALTOR, Equal Opportunity HousingInformation 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.