https://www.noradarealestate.com/blog/northern-virginia-housing-market/
Median prices for homes in December 2024 are expected to be 0.9% higher compared to 2023. Unit sales are projected to decrease by about 10%, and inventories will continue their multi-year decline. Townhomes: In Arlington, townhome prices are anticipated to rise by 3.4% in 2024, but inventories will drop nearly 26%.

https://www.youtube.com/watch?v=-YPNU-1f_2U
In this episode, Shawn and Matt talk about what is actually happening in the Northern Virginia real estate market. Yes, and Fredericksburg, which is NOT Nort

https://realnorthernvirginia.com/real-estate-blog/my-bold-northern-virginia-housing-market-predictions-for-2024/
Published on December 16, 2023. My Bold Northern Virginia Housing Market Predictions for 2024. The 2023 Northern Virginia housing market has been one of the most challenging markets ever. This year the number of new listings hitting the market are way down, interest rates have been hovering right around 7%, and home affordability is the worst

https://www.nomadicrealestate.com/northern-virginia-housing-market-2024/
The Northern Virginia housing market is a dynamic entity, showcasing unique trends and statistics. The region has witnessed a steady climb in home prices across 8 out of 10 counties despite low inventory levels. This trend is indicative of strong market dynamics that are characteristic of this area.

https://northernvirginiamag.com/home/real-estate/2023/01/17/what-to-expect-from-northern-virginias-housing-market-in-2023/
By Kylee Toland January 17, 2023. Northern Virginia realtors say 2023 could bring more balance to the housing market. Sharat Ahuja, team leader and realtor for the Terra Firma Group at Long and Foster Realtors in Fairfax, predicts a "little bit more" of a balanced market between buyers and sellers, with fewer homes selling this year

https://www.insidenova.com/news/real_estate/northern-virginia-home-sales-post-first-year-over-year-increase-in-27-months/article_304f6846-e303-11ee-86a7-cf72d1927f74.html
The real estate market in Northern Virginia, including Fairfax County and Arlington County, may be starting to improve. Home sales increased in February 2024 for the first time since November 2021

https://realwillrodgers.com/northernvarealestatemarket/
From mid 2020 to mid 2022, real estate in Northern Virginia has benefitted from the hottest market in nearly 2 decades. This follows a national trend in housing during that time. In 2023, the market is shifting. As you can see below, supply and days on market are increasing. Usually, this will be followed by slower price growth or even declines

https://www.listwithelizabeth.com/latest-real-estate-trends-in-northern-virginia-in-2024/
Current Housing Market Trends. As of 2024, Northern Virginia is experiencing a complex housing market scenario. Median home prices have seen an upward trend, reflecting both the desirability of the area and the broader national trends in real estate pricing. The market is characterized by a competitive atmosphere, with homes often receiving

https://virginiarealtors.org/2024/01/09/3-predictions-for-virginias-housing-market-in-2024/
Virginia's Market Heats up with Largest Increase in Sales in Nearly Three Years. By Virginia REALTORS® - May 22, 2024. According to the April 2024 Virginia Home Sales Report released by Virginia REALTORS®, sales activity in Virginia's housing market picked up last month. Statewide, there were 9,416 homes… Read More

https://www.focusonnova.com/northern-virginia-real-estate-market-update-for-july-2021/
In July, the real estate market in Northern Virginia told a conflicting tale. While home sales and average home sale prices were up over the same period last year - new listings and buyer activity slowed down. Home sales were up by 6.73% last month over the same time last year. In July 2021, 2,536 homes sold compared to 2,376 in July 2020.

https://www.nvar.com/realtors/news/market-statistics/2
Market Statistics: September 2022. The Northern Virginia Association of Realtors® reports on September 2022 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton. View the historical monthly data here.

https://www.insidenova.com/headlines/real-estate-market-continuing-to-improve-across-northern-virginia/article_473b30ee-20f8-11ee-b284-77334c3917e7.html
6. Home sales across Northern Virginia continued to improve in June, according to the latest monthly report from the Northern Virginia Association of Realtors. Sales were down 16% compared with

https://www.insidenova.com/headlines/real-estate-market-update-home-sales-continue-to-slide-across-northern-virginia/article_79048d44-9f80-11ee-a5fe-e33fc8211d8c.html
Home sales in Northern Virginia declined 9.8% in November from the same month in 2022, but were up 12.5% from October, according to new data from the Northern Virginia Association of Realtors.

https://www.greetingsvirginia.com/gv/secrets-revealed/why-the-n-virginia-market-is-so-hot-right-now
What's been happening in the northern Virginia real estate market? Stabilized Mortgage Rates. The first bit of good news to note is that mortgage rates have stabilized. From a low of about 3.41% last July, they spiked to 4.31% in December, and we're now seeing them in the low 4% range. ... For the second quarter of 2024, Northern Virginia's

https://realnorthernvirginia.com/real-estate-blog/the-most-challenging-housing-market-ever-in-northern-virginia/
So far the 2024 Northern Virginia Housing market has been the most challenging market I've ever seen. I'm seeing packed open houses, many homes are getting 10-20 offers, homes routinely are selling for $25, $50k, even $200k above asking price all while interest rates are still hovering right around 7%.

https://northernvirginiamag.com/home/real-estate/2023/07/25/how-is-novas-real-estate-market-doing-halfway-through-2023/
Now, over halfway through 2023, NVAR has released both monthly real estate reports and a midyear update to its original forecast that indicates the real estate market is slowly beginning to normalize. Home sales in Northern Virginia were down 16 percent compared to June 2022 but were up 3.6 percent from May 2023, the June monthly report said.

https://www.forbes.com/advisor/mortgages/real-estate/virginia-housing-market/
Virginia Real Estate Trends. Home sales have been slower this year, with a 21.1% decline, according to the May 2023 Home Sales Report from the Virginia Realtors Association. The Virginia Realtors

https://www.noradarealestate.com/blog/virginia-housing-market/
Market Trends. Danville, VA: The Danville MSA is projected to experience steady growth in housing prices, with an increase from 1.1% in April 2024 to 4.5% by March 2025. This substantial rise indicates a robust demand for housing in the region, potentially driven by factors such as job growth and economic stability.

https://www.focusonnova.com/northern-virginia-real-estate-market-update-for-may/
We take a look at what is happening in the Northern Virginia real estate market. As we enter the third month under COVID-19 restrictions, the pandemic continues to impact the local real estate market. The Northern Virginia real estate market experienced a 31.88% decrease in homes sold compared to the same time last year. A total of 1,622 homes

https://www.glasshousere.com/real-estate-blog/what-northern-virginia-buyers-need-to-know-about-the-real-estate-market
This market is very different than what it was just two months ago. What is Happening Right Now in the Housing Market. Foot traffic is down significantly. Homes are sitting on the market longer. And more homes are coming to the market weekly. This is August, which is generally the sleepiest month in real estate.

https://www.focusonnova.com/northern-virginia-real-estate-market-update-for-june/
As a result, the busy home sale period typically associated with the spring market has shifted to summer. The June real estate market statistics are encouraging. For the first time since February, new listings increased by 1.51% and there were 21% more new listings on the market in June than we saw in May. This is a positive sign for home buyers.

https://www.msn.com/en-us/money/realestate/northern-virginia-real-estate-tax-rates-on-the-rise-except-pwc-and-loudoun/ar-BB1lKb7L
"My real estate bill has gone up 20 times since 1969," another protested. Now in Loudoun and Prince William Counties, they are not doing a tax rate increase. One of the reasons: Data Centers.

https://www.reddit.com/r/RealEstate/comments/fkfzbr/northern_virginia_housing_market/
However, the market in this area during a recession is always better than the rest of the country. If there is a recession, it won't affect this area too much. Prices will go down some, but not as much as other places. If you want to buy, then I would wait for prices to go down some. 7.

https://www.focusonnova.com/northern-virginia-real-estate-market-update-for-august/
The real estate market continued to soar into August. Though this is traditionally a slow time in real estate - the pause on the spring market has jumped to summer and continues to show signs that the market will remain strong. Inventory for August 2020 was down 17.91% percent below that of last year. Low inventory and historically low

https://wtop.com/europe/2024/06/climate-glimpse-scorching-northern-hemisphere-heat-leads-to-deaths-and-wildfires/
Here's what's happening related to extreme weather and the climate right now: — From extreme heat to unseasonable cold in the Pacific Northwest, the U.S. is facing a myriad of extremes.