
June Highlights:

April Highlights:

What Happened in 2022?

Prices Up in October, but Decelerate to First Annual Price Decline
October Prices Up 2.5% from September: The median home price in Northern Virginia was up 2.5% in October. October's uptick was the first increase since May after four consecutive months of decline: June (-3%), July (-3.3%), August (-3.9%), and September (-1.7%). This is fairly typical of the seasonal price movement we see in housing. Prices up from January to May/June, softening until September, then stabilizing to year-end. All major sub-markets in Northern Virginia increased in price...

Prices Down Slightly in September; Arlington Down 25% Since July
September Prices Fell 1.7% from August: The median home price in Northern Virginia was down slightly (-1.7%) in September after hitting a new high of $660,000 in May. Since June, prices have declined four consecutive months: June (-3%), July (-3.3%), August (-3.9%), and September (-1.7%). All major sub-markets in Northern Virginia declined in price between 1 to 3% in September, except Arlington which declined by another staggering