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Great Falls Market Trends

Today, November 23, 2009

Median Sales Price in Great Falls

Embed Info
1 yr 5 yr Max
Great Falls median sales prices
Number of sold homes in Great Falls
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms$543,000-35.0%$765,000$835,000$862,500
4 bedrooms$747,500-16.5%$862,500$895,000$888,000
All properties$880,000-4.9%$862,500$925,000$977,500
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Great Falls Summary

The median sales price for homes in Great Falls VA for Aug 09 to Oct 09 was $880,000. This represents an increase of 2%, or $17,500, compared to the prior quarter and a decrease of 4.9% compared to the prior year. Sales prices have depreciated 10% over the last 5 years in Great Falls.

The average listing price for Great Falls homes for sale on Trulia was $1,816,047 for the week ending Nov 18, which represents an increase of 0.9%, or $16,119, compared to the prior week and an increase of 1.5%, or $26,724, compared to the week ending Oct 28. Average price per square foot for Great Falls VA was $301, a decrease of 5.9% compared to the same period last year.

 

Average Listing Price in Great Falls

Embed Info
1 yr 5 yr Max
Great Falls average property price
Great Falls – number of properties
No. BedroomsWeek ending
Nov 18
w-o-wWeek ending
Nov 11
Week ending
Nov 4
Week ending
Oct 28
1 bedroom-----
2 bedrooms-----
3 bedrooms$1,107,208-1.3%$1,121,801$1,072,666$1,001,220
4 bedrooms$1,221,942-0.6%$1,228,880$1,231,572$1,224,679
All properties$1,816,047+0.9%$1,799,928$1,815,296$1,789,323
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Average Price Per Sqft for Homes in Great Falls

Embed Info
1 yr 5 yr Max
Great Falls average price per square foot
No. BedroomsAug - Oct '09y-o-y3 months prior1 year prior5 years prior
1 bedroom-----
2 bedrooms-----
3 bedrooms$343-7.5%$342$371$376
4 bedrooms$308-1.3%$325$312$306
All properties$301-5.9%$324$320$344
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Homes for Sale in Great Falls

9404 Myra Drive, Great Falls VA
9404 Myra…
$865,000
5 br  3 ½ ba
600 Deerfield Pond Court, Great Falls VA
600 Deerfi…
$2,385,000
6 br  8 full 2 partial ba
11450 Seneca View Way, Great Falls VA
11450 Sene…
$1,199,000
4 br  4 ½ ba
9101 Weant Drive, Great Falls VA
9101 Weant…
$895,000
4 br  3 ½ ba
10892 Woodleaf Lane, Great Falls VA
10892 Wood…
$1,050,000
5 br  4 ½ ba
905 Falls Bridge Lane, Great Falls VA
905 Falls…
$1,050,000
5 br  3 ½ ba
View all Great Falls Homes for Sale
 
Stats & Trends
Great Falls

Real Estate Overview

Market Trends

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Nearby Cities

Cities
Median
sales price
Average
listing price
Reston
$342,800
$475,695
Herndon
$300,000
$413,385
Potomac Falls
$405,000
$648,200
Oak Hill
$270,000
$830,544
Oakton
$435,000
$855,922
Sterling
$276,392
$314,856
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Advice

Recent Q&A in Great Falls, VA

Q: Why are half the houses listed here in Great Falls posted by 'franklymls' ? I know that a lot of these are not franklymls's listings, 4 answers
Q: Can a ratified short sale contract, approved by the lender, be 'cancelled' by the seller? 3 answers
Q: We are looking to buy a house in Great Falls, VA because of the schools. 4 answers
Q: Which neighborhoods in Greats Falls are more sought after and likely to appreciate in the future? 2 answers
Q: I want to buy a house which is for short sale. what is your advise? 5 answers

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More Advice:
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Nearby Cities Real Estate

  • Reston Real Estate
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Nearby Cities Sold Homes

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Nearby Cities Home Prices

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Great Falls Stats & Trends

  • Great Falls Real Estate Overview
  • Great Falls Schools
  • Great Falls Community Info
  • Great Falls Home Prices
  • Great Falls Real Estate
  • Great Falls Recently Sold Homes

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Our real estate market trends page gives you a valuable overview of the Great Falls real estate market. Find Great Falls properties, sales statistics, real estate price trends, and real estate market activity. Find detailed information on Great Falls average and median listing prices, home value trends, and average price per square feet information for single family homes, condos, and other property types. Real estate market data is segmented by the number of bedrooms and Great Falls housing statistics are available for each Great Falls, VA neighborhood.
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About this Info
Average Listing Price for the most recent week available is based on daily list price data for resale and new homes on Trulia and is compared to the same period one week prior.

Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Median Sales Price is the price at which one half of the homes sold above that amount and one half of the homes sold below that amount. Median Sales Price is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.

Number of Sales is a count of all known arms-length residential property sales over the prior 90-day period. Volume for All Bedrooms may be higher than the total volume for 1-4 Bedrooms. All Bedrooms includes not only 1-4 Bedrooms but also 5+ Bedrooms and records where the number of bedrooms is unknown.

 
   
About this Info
Average Price per Square Foot is based on sales during the most recent 90-day period available and is updated each week to include recent transactions from public record data sources.