Great Falls, VA Real Estate News

By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Great Falls, VA - June 2016 Home ValuesThis is a snapshot of recent sales in the Great Falls neighborhood of Great Falls, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the June 2016 full market report of homes for sale in Great Falls, Great Falls VA.These market activity gauges show the market trends for the previous month (May 2016) as compared to the 5-year May average. The market supply is 12.9 months, which indicates the total number of months it would take for the current inventory to sell. The average sold price is $1,033,257 and the average days on market is 60 days. Click here for the full June 2016 market report for the Great Falls area including total number of sold homes and average price per square foot. F...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Great Falls Forest | Great Falls, VA - June 2016 Home ValuesThis is a snapshot of recent sales in the Great Falls Forest neighborhood of Great Falls, VA. Real estate market data and analysis is provided by Peggy Yee, Realtor. Please click here for the June 2016 full market report of homes for sale in Great Falls Forest, Great Falls VA.These market activity gauges show the market trends for the previous month (May 2016) as compared to the 5-year May average. The market supply is 2 months, which indicates the total number of months it would take for the current inventory to sell. The average sold price is $529,633 and the average days on market is 52 days. Click here for the full June 2016 market report for the Great Falls Forest area including total number of sold homes...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Hickory Creek, Great Falls, VA - May 2016 Market ReportThis is a market report for homes for sale in Hickory Creek in the 22066 zip code in Fairfax County of Northern Virginia. Real estate market data and analysis is provided by Peggy Yee, Realtor.April 2016 Hickory Creek Real Estate StatisticsIn April 2016, 3 homes sold in Hickory Creek in the 22066 zip code with an average sold price of $1,108,333. Compared against the median sold prices last year in April 2015, prices are up 31.2% and against median sold prices last month in March 2016, prices are up 50%. It took an average of 6 days on market for homes to sell. The average price per square foot for homes in Hickory Creek was $353.   Statistic Values YoY MoM Total Sold Dollar Volume $3,325,000 263.4% 315.6% Closed S...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Great Falls, VA - May 2016 Market ReportThis is a market report for homes for sale in Great Falls in the 22066 zip code in Fairfax County of Northern Virginia. Real estate market data and analysis is provided by Peggy Yee, Realtor.April 2016 Great Falls Real Estate StatisticsIn April 2016, 29 homes sold in Great Falls in the 22066 zip code with an average sold price of $1,150,242. Compared against the median sold prices last year in April 2015, prices are up 18.4% and against median sold prices last month in March 2016, prices are up 13.9%. It took an average of 105 days on market for homes to sell. The average price per square foot for homes in Great Falls was $332.   Statistic Values YoY MoM Total Sold Dollar Volume $33,357,032 73.8% 74.6% Closed Sales 29 70.6% 70.6%...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Great Falls, VA - March 2016 Market ReportThis is a market report for homes for sale in Great Falls, VA in the 22066 zip code.  Real estate market data and analysis is provided by Peggy Yee, REALTOR.March 2016 Great Falls, VA Real Estate Statistics  Statistic Values YoY MoM Total Sold Dollar Volume $19,102,400 22% 41.1% Closed Sales 17 13.3% 54.6% Median Sold Price $977,000 -4.2% -23.2% Average Sold Price $1,123,671 7.6% -8.7% Median Days on Market 152 days 39.5% 133.9% Average Days on Market 157 days 19.9% 14.6% Median Price per Sq Foot $350 5.7% 25.5% Average Price per Sq Foot $374 15.4% 26.4%  YoY (Year over Year) compares this month's real estate statistics with the same month last year.  MoM (Month over Month) compares this month's real estate statistics with the ...
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By Katrina Benton, Property Marketing Specialist
(Come Home Inc)
9100 Sterling Montague Dr Great Falls VA 22066 Search current inventory of Homes for Sale in Sterling VAListing DetailsHome For Sale in Sterling VA 9100 Sterling Montague Dr Great Falls VA 22066 Price: $900,000 MLS number: FX8769083 Bedrooms: 4Bathrooms: 4 Square Feet: 3002 Lot Size: 0.275482 Acre Year Built: 19936  Call David Connell at 703-946-5764 to see if this property is still available and arrange a showing or for information about how to sell a home in Sterling VA You Will Love this Beautiful HomeBeautifully updated colonial in desirable Langley HS Pyramid. On the Main Level is Gourmet Kitchen with Granite, Formal Living & Dining Rooms and Family room. First Upper Lvl has 3 Bedroom/2 BA, including large Master bedroom with huge walk-in closet. Attic renovated to include Bedroom,...
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By Amir Sadeghi
(Five Star Realty Services - We don't just market your home, we SELL it with best possible terms and BEST price.)
The real estate market not only changes from year to year, but additionally based on the tiem of year. There are common misconceptions about selling a property during different months. The following is information on the benefits of selling homes in Great falls VA during the holiday months. Volume of Listings Not as many properties are available during the the holiday months. Buyers still have a need during the start of the new year, so the holidays are when they need to finalize their property selection. Being one of the limited real estate options available may give you an advantage. Buyer Motivation A recent survey of real estate professionals by Realtor.com discovered that 79% of buyers out during the holiday months were more motivated. 61% felt that less competition for homes for ...
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By Glynis Canto, Glynis Canto
(Keller Williams Realty)
Great Falls October Market Report     Traditionally, the Great Falls Real Estate Market has a lot of inventory. With the onset of Fall, this is still holding true. There is still activity in the market with the number of pendings and new listings in October remaining consistent year over year.   In the month of October, 29 new homes were listed in Great Falls. This is almost double the number new pendings, 15. So in October, twice as many homes went on the market as went under contract, which gives us high inventory. At month’s end, there were 146 homes on the market in 22066. Using the equation of Active Listings ÷ New Pendings, we come to find that there are 9.7 months’ worth of inventory. This is seen as high inventory, typically a stable market in equilibrium will have around 6 mont...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Great Falls, VA - September 2013 Market Report This is a market report for homes for sale in Great Falls, VA in the 22066 zip code.  Real estate market data and analysis is provided byPeggy Yee, REALTOR. September 2013 Great Falls, VA 22066 Real Estate Statistics   Statistic Values YoY MoM Total Sold Dollar Volume $29,827,000 +58.77% +24.06% Closed Sales 20 +25% -4.76% Median Sold Price $1,135,000 +14.5% +0.89% Avg Sold Price $1,491,350 +27.02% +30.27% Avg Days on Market 132 days +28.16% +48.31% Avg Sold to Orig List Ratio 91.96% -3.28% -2.78%   YoY (Year over Year) compares this month's real estate statistics with the same month last year.  MoM (Month over Month) compares this month's real estate statistics with the previous month.   In September 2013, 20 homes sold i...
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By Glynis Canto, Glynis Canto
(Keller Williams Realty)
 Great Falls, VA, 22066 September Market Update!  So this month, I am going to present my market update in a little bit of a different fashion! This one is going to cut right to the statistics that you want to know! There is a market report at the bottom as well! Leave me comments to let me know what you think of the new format for the market update!    There were 37 new listings that hit the market in September! This is slightly above the 5-year average for September, which is 34. This shows us that people aren't letting the coming fall and winter months deter them from selling!  The graph above shows all closed sales, pending sales, and active listings for the past 6 months. We are coming out of one of the hottest summers in the last 5 years, so naturally things will slow down a bit b...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Great Falls, VA - August 2013 Market Report This is a market report for homes for sale in Great Falls, VA in the 22066 zip code.  Real estate market data and analysis is provided byPeggy Yee, REALTOR. August 2013 Great Falls, VA 22066 Real Estate Statistics   Statistic Values YoY MoM Total Sold Dollar Volume $24,041,750 +8.78% -15.77% Closed Sales 21 -4.55% -22.22% Median Sold Price $1,125,000 +13.64% +5.63% Avg Sold Price $1,144,845 +13.96% +8.29% Avg Days on Market 89 days +67.92% +122.5% Avg Sold to Orig List Ratio 94.59% +1.07% -1.64%   YoY (Year over Year) compares this month's real estate statistics with the same month last year.  MoM (Month over Month) compares this month's real estate statistics with the previous month.   In August 2013, 21 homes sold in the Gr...
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By Karen Briscoe
(Huckaby Briscoe Conroy Group - Keller Williams)
Cornwell Farm, Great Falls, Virginia National Register of Historic Places   Cornwell Farm is currently on the market for sale by the Huckaby family for $4.9 million.  The listing agents are Karen Briscoe and Bill Detty of the Huckaby Briscoe Conroy Realty Group, Keller Williams.  The Cornwell Farm residence in Great Falls, Virginia has survived as a well-preserved example of Northern Virginia antebellum plantation architecture.  It is one of the area’s most significant residential properties with a Nineteenth Century Manor House, circa 1831.  Located one mile east of Great Falls Village the land is currently divided into 2 parcels:   8.1 acres with Historic Home, Caretaker's cottage with 2 vehicle carport, 4-stall Horse barn and a contiguous 5 acre parcel with easement for egress.  Ther...
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By Aaron Browning
(Browning Homes Group)
Selling a home in Great Falls, Virginia? To get the best possible value for your home, choose the Browning Homes Group by clicking the picture below or calling 1.800.991.4103!      Simply input your information and receive a free, online, professional market analysis of your Great Falls home.            
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By Glynis Canto, Glynis Canto
(Keller Williams Realty)
  Great Falls, Virginia August Market Report The late summer market, more specifically August can tend to be a little slower but that doesn’t mean that people aren’t still buying and selling! The Great Falls, Virginia Real Estate market had an overall pretty good August. With summer wrapping up, the numbers are a good Segway into what we are hoping will be a strong all market. So lets get into a few of the numbers! 26 New Listings 21 New Pendings 21 Closed Sales Median Sold Price of $1,125,000 So let’s break down our first number, 26 New Listings. At the end of August, there were a total of 152 Active Listings in 22066, with such high inventory, it’s good to see the number of active listings and new listings decrease. In July, 43 New Listings hit the market, so with that number dropping...
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By Aaron Browning
(Browning Homes Group)
Current home market values for all Great Falls, VA homes from the Browning Homes Group.   Click on the picture below or call 1.800.991.4103 for immediate information!    
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Great Falls, VA - July 2013 Market Report This is a market report for homes for sale in Great Falls, VA in the 22066 zip code.  Real estate market data and analysis is provided byPeggy Yee, REALTOR. July 2013 Great Falls, VA 22066 Real Estate Statistics   Statistic Values YoY MoM Total Sold Dollar Volume $28,544,000 +8.91% -43.46% Closed Sales 27 +12.5% -30.77% Median Sold Price $1,065,000 +6.23% -8.19% Avg Sold Price $1,057,185 -3.19% -18.34% Avg Days on Market 40 days -45.95% -51.22% Avg Sold to Orig List Ratio 96.17% +1.98% +1.81%   YoY (Year over Year) compares this month's real estate statistics with the same month last year.  MoM (Month over Month) compares this month's real estate statistics with the previous month.   In July 2013, 27 homes sold in the Great Fal...
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By Glynis Canto, Glynis Canto
(Keller Williams Realty)
Great Falls (22066) July Market Report   The Great Falls real estate market has remained pretty steady throughout the summer. As June led into July, many of the market indicators remained pretty consistent with slight variations here and there. The market indicators we are going to analyze today are as follows: 43 New Listings 25 New Pendings 27 Closed Sales Average of 40 Days on Market  So let’s get into what these numbers mean. The first, 43 new listings is slightly higher than June, which saw 34 new listings. It is also above the 5 year average of 39, but new listings isn’t as important as total number of listings. By month’s end, we had 165 Active Listings in Great Falls, VA. This is below the 5-year average of 178, so we are still in stable market. The number of New Pendings is one...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Great Falls, VA - June 2013 Market Report This is a market report for homes for sale in Great Falls, VA in the 22066 zip code.  Real estate market data and analysis is provided byPeggy Yee, REALTOR. June 2013 Great Falls, VA 22066 Real Estate Statistics   Statistic Values YoY MoM Closed Sales 39 +62.5% +25.81% Median Sold Price $1,160,000 +7.16% -2.11% Avg Sold Price $1,294,571 +15.88% -0.5% Avg Days on Market 82 days -18% -7.87% Avg Sold to Orig List Ratio 94.46% +1.13% -2.2% Total Sold Dollar Volume $50,488,250 +88.31% +25.18%   YoY (Year over Year) compares this month's real estate statistics with the same month last year.  MoM (Month over Month) compares this month's real estate statistics with the previous month.   In June 2013, 39 homes sold in the Great Falls, V...
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By Dan Rochon, Top Realtor in Northern Virginia
(Greetings Virginia - Keller Williams Realty)
Descriptive Terms in Real Estate Ads – Great Falls, VA Short Sales If you are buying or selling a home, chances are you might be having difficulty with the meaning of descriptive real estate terms. Here are information and meanings for more terms.  Living Room & Family Room When a house has both a living room and a family room, we know which is which. It used to be that when an ad described a family room, we could think it also had a living room. Now some contractors are constructing houses with something identical to the primary use of “Great Room” over and calling it the “Family Room” on the floor plan. As a result homes and their terminology appear to be innovating. Patio & Terrace Both are outdoor living areas. A patio is a paved area near a house that is used for dining or recreati...
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By Peggy Yee, Search Vienna Homes For Sale - Northern Virginia
(NoVa House and Home)
Homes for Sale in Great Falls, VA - May 2013 Market Report This is a market report for homes for sale in Great Falls, VA in the 22066 zip code.  Real estate market data and analysis is provided byPeggy Yee, REALTOR. May 2013 Great Falls, VA 22066 Real Estate Statistics   Statistic Values YoY MoM Total Sold Dollar Volume $40,333,900 +51.27% +54.95% Closed Sales 31 +24% +34.78% Median Sold Price $1,185,000 +38.27% +35.27% Avg Sold Price $1,301,094 +21.99% +14.96% Avg Days on Market 89 days +34.85% -20.54% Avg Sold to Orig List Ratio 96.58% +1.08% +2.16%   YoY (Year over Year) compares this month's real estate statistics with the same month last year.  MoM (Month over Month) compares this month's real estate statistics with the previous month.   In May 2013, 31 homes sold in the Great Fall...
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