Northern Virginia Market Statistics: December 2019

December 2019 and Year-End Regional Home Sales Compared to 2018: Northern Virginia Data from BrightMLS as of January 7, 2020;

total sales and listings may not include garage/parking spaces.

December Data:

A total of 1,525 homes sold in December 2019, an increase of less than 1% from December 2018 home sales of 1,514.

Active listings decreased in December month compared with 2018. Listings were down by about 24% below last year, with 1,446 active listings in December, compared with 1,905 homes available in December 2018.

The average home sale price rose by 8.15% compared with last December, to $641,789. The December 2018 average price was $593,400.

The median sold price of homes in December, which was $554,000, rose by 8.20% compared to the median price of $512,000 in December 2018.

The average days on market for homes in December was 30, which was 28.57% below the 42 average days on market for homes in December 2018.

Heidi Robbins, Realtor®   ~ Military Relocation Professional.

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