First quarter statistics have been released. In most areas the number of homes sold in the first quarter of 2014 was down compared to first quarter 2013. However, in most areas, prices rose. Only 3 areas saw an increase in home sales: Dunn Loring, Centreville & Springfield. In every other Northern Virginia city, home sales declined year over year. On the other hand, prices were up in all cities except three: Ashburn, Great Falls & McLean. The other areas saw average prices rise from 2.1% to 10.2%. (See chart below for sales & prices in each city.)
Call (703) 242-3975 if you would like a zip code or neighborhood analysis.
FREE Instant Online Home Valuation
Our New State-of-the-Art Home Search Site
| Northern VA | 2013 Sales | 2014 Sales | Yr Over Yr | Avg SP 2013 | Avg SP 2014 | Yr Over Yr |
| Alexandria | 951 | 867 | -9% | $451,880 | $488,773 | 8% |
| Arlington | 536 | 486 | -9% | $570,179 | $585,200 | 2.6% |
| Ashburn | 331 | 253 | -24% | $466,963 | $462,281 | -1.0% |
| Burke | 96 | 114 | 19% | $415,793 | $426,403 | 2.6% |
| Centreville | 173 | 182 | 5% | $354,407 | $372,015 | 5.0% |
| Chantilly | 166 | 144 | -13% | $429,711 | $463,140 | 7.8% |
| Dunn Loring | 2 | 4 | 100% | $882,500 | $834,000 | -5.5% |
| Fairfax | 414 | 344 | -17% | $463,841 | $488,611 | 5.3% |
| Falls Church | 282 | 251 | -11% | $466,898 | $476,777 | 2.1% |
| Great Falls | 55 | 25 | -55% | $1,248,293 | $1,108,758 | -11.2% |
| Herndon | 138 | 124 | -10% | $419,152 | $447,186 | 6.7% |
| McLean | 143 | 128 | -10% | $1,135,881 | $931,091 | -18.0% |
| Oakton | 54 | 48 | -11% | $509,763 | $562,012 | 10.2% |
| Reston | 194 | 190 | -2% | $427,210 | $441,990 | 3.5% |
| Springfield | 208 | 232 | 12% | $395,386 | $428,874 | 8.5% |
| Sterling | 211 | 194 | -8% | $349,394 | $379,676 | 8.7% |
| Vienna | 140 | 129 | -8% | $718,021 | $733,301 | 2.1% |
