Market Statistics: April 2020
April 2020 Regional Home Sales Compared to April 2019: Northern Virginia
Data from Bright MLS as of May 6, 2020; total sales and listings may not include garage/parking spaces.
The Northern Virginia Association of Realtors® reports on April 2020 home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax and Falls Church and the towns of Vienna, Herndon and Clifton.
A total of 1,725 homes sold in April 2020, a 20% decrease below April 2019 home sales of 2,157.
Active listings decreased this month compared with 2019. Listings were down 17.88% below last year, with 2,057 active listings in April, compared with 2,505 homes available in April 2019. The average days on market for homes in April 2020 was 13 days, a decrease of 27.78% compared to the 18 DOM for homes in April 2019.
New listings fell by 34.13% in April, to 2,111, compared with 3,205 new listings in April of last year.