VIRGINIA & MARYLAND REAL ESTATE

DMV Market Insights

Clear, practical analysis of the local real estate market — A guide for buyers, sellers, investors, and property owners.

Market Update Updated approximately twice monthly Focused on Virginia and Maryland

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At a Glance

Northern Virginia diverged from national trends in July. Locally, closed sales and median prices edged lower while inventory and months of supply increased, giving buyers more choice. Nationally, sales and median prices posted modest gains, days on market increased slightly, and months of supply remained unchanged. Results also varied significantly among Northern Virginia jurisdictions.

Category One

Northern Virginia vs. National

July 2026 vs. July 2025
Market Indicator
Northern Virginia
National
Homes Sold
1,582-1.9% YoY
4.06M+0.7% YoY
Median Sold Price
$750,000-1.3% YoY
$431,400+2.0% YoY
Days on Market
21 days+5.0% YoY
29 days+3.6% YoY
Months of Supply
2.13 months+14.8% YoY
4.60 months0% YoY
Category Two

Local Market Comparison

Local Market
Homes Sold
Median Price
Average Sold Price
Loudoun County
510-1.0% YoY
$813,000+7.4% YoY
$898,831+2.5% YoY
Fairfax County
1,148+0.3% YoY
$755,448-1.2% YoY
$898,670+2.1% YoY
Arlington
227-5.0% YoY
$823,000+15.9% YoY
$1,012,720+16.4% YoY
Falls Church
9-57.1% YoY
$526,000-44.3% YoY
$878,638-13.6% YoY
Source: Northern Virginia Association of Realtors® (NVAR), Bright MLS and National Association of Realtors® data published by NVAR | Reporting period: July 2026 vs. July 2025 | Last updated: August 20, 2026

The DMV Market Brief

Practical real estate insights, local market updates, and community information delivered approximately twice a month.