I’m back with your not-so-typical statistical overview…I’m sticking with the low- and high-sold property prices in our area, including Arlington County, Fairfax County, Alexandria City, and Falls Church City. The focus is on condos and detached sold properties for a bit of shock and awe enjoyment, but really to give a bit of education on how these can skew our monthly median and average data values at times.
For background, here are the April 2021 & 2022 average sold prices for our area for all properties.
Arlington County Average Sold 2022 $820,596 and 2021 $652,500
Fairfax Average Sold 2022 $695,000 and 2021 $634,745
Alexandria City Average Sold 2022 $617,500 and 2021 $650,000
Falls Church City Average Sold 2022 $932,500 and 2021 $895,000
Have questions? Are you super shocked? Share your thoughts below in the comment section. ⬇️ If you’re a buyer or seller who’s looking at recent sales or just not sure what to do in this market, reach out. We’ll step through this circus together. Don’t be scared. I’ve gotten 7 sets of folks under contract in the last month. It can be done!
*Side note for April 2022: I decided to omit The Jefferson from our Arlington County data here. It is a 55+ community that is not a typical community in Arlington County and has exorbitant fees.
