NORTHERN VIRGINIA

HOUSING INVENTORY STATISTICS for
NORTHERN VIRGINIA
AUGUST 2021

You will not find this information anywhere else. Median sale price of homes by Zip Code and City. Data from MLS. Prepared by TOBIN SEVEN, Principal Broker / Army Veteran.
Quick summary of NORTHERN VIRGINIA housing market. We are seeing a small slowdown in home sales and price appreciation, however, this is probably due to normal seasonal slowdown because school has started. Many parents would be resistant to moving after school starts especially with kids going back to in-person school after 1 1/2 years of remote learning. This is the best time to buy in the past 18-months.
TOBIN SEVEN, Principal Broker, Army Veteran.
Licensed in Virginia, Maryland and DC. Eagle Scout
SEVEN REAL ESTATE ASSOCIATES
Veteran Owned and Operated. 
Cell (703) 327-6800
Below, are links to useful Housing information. For DMV (DC, Maryland and Virginia).
Tobin's note: You would have to save $2,688 a month ($32,250 total) to buy same home you saw 12 months ago. 6.1% annual increase. Note---we are not seeing much of a slow down in the NORTHERN VIRGINIA housing market.

Why wait to buy? See statistics below that confirm the $32,250 increase in median home price in past 12 months
See chart below:
NORTHERN VIRGINIA (see below). Number of Homes for sale is at a historic low.
See "gold" and "orange" dials below. SUMMARY: SELLER's Market.


See chart below. 1st time in many years that home sales are down from previous year.
See chart below. Median sold price is up 6.1% in past 12 months. Homes in NORTHERN VIRGINIA are now on the market for 8-days, before they sell. This is an increase of 1/3 from last month.
See chart below---by Zip Code and Corresponding City
The 106 zip codes/communities in NORTHERN VIRGINIA saw a 6.1% increase in home sale median values in past 12 months, Median price of homes went UP from $532,750 to $565,000. Housing market is slowing down.

Note, median home values that went up or down by 30%+ are shown in red.
Past monthly, Housing statistics for Northern Virginia, Maryland and DC can be found at: www.DMVhousingStats.com Archive goes back several years.






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NEW FALL edition. See below. 24-page FREE booklet on important things to consider when BUYING a home. Click here to download pdf 24-page booklet. Download is safe.
NEW FALL edition. See below. 20-page FREE booklet on important things to consider when SELLING a house. Click here to download pdf 20-page booklet. Download is safe.
Regards,
TOBIN SEVEN, Principal Broker (Realtor) / Army Veteran --- Licensed in Virginia, DC and Maryland. Eagle Scout.
SEVEN REAL ESTATE ASSOCIATES LLC is Veteran Owned and Operated.
Voted Top 8% of all Real Estate Agents in USA (2021 - 2018)
Cell: (703) 327-6800
Website: www.SoldBySeven.com,
Veterans/Military Housing Info: https://VeteransHomeChannel.com