Northern Virginia Market Update
Q2 2025 Recap + What to Expect in Q3
The second quarter of 2025 kept Northern Virginia sellers in a relatively strong position, but the momentum is shifting. Homes are still selling. Prices are still strong. But buyer urgency? It's starting to fade.
Below is a breakdown of what’s happening now and what to expect as we head into the Fall market.
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Want to know how your home fits into today’s market?
Contact me HERE
Now Let’s Get Into It!
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Q2 2025 Highlights at a Glance
Sold Prices (Compared to Q2 2024)
Arlington County: $959,652 (up from $928,839)
Alexandria City: $835,911 (up from $802,304)
Fairfax County: $889,158 (flat from $885,517)
Fauquier County: $711,665 (down from $747,779)
Loudoun County: $891,066 (up from $841,098)
Prince William County: $642,006 (up from $627,322)
What That Means:
Prices are holding or climbing in most areas. Fauquier is the only county showing consistent softness.
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Sold-to-List Price Ratios - Current vs. (Q2 2024)
Example: 456 Water Street sold for $445,000 but was listed for $450,000 (sold to list ratio of 98.8%)
Arlington: 99.0% (down from 100.3%)
Alexandria: 99.2% (down from 100.8%)
Fairfax: 100.1% (down from 102.5%)
Fauquier: 99.3% (down from 100.0%)
Loudoun: 100.2% (down from 101.4%)
Prince William: 100.3% (down from 102.0%)
What That Means:
Buyers are negotiating again. Over-asking offers aren’t the default anymore. Accurate pricing is key.
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Townhouse and Single-Family Trends - Current vs. (Q2 2024)
Townhouse Averages:
Arlington: $577,709 (down from $614,730)
Alexandria: $730,999 (up from $687,419)
Fairfax: $566,261 (up from $552,550)
Fauquier: $412,691 (up from $370,397)
Loudoun: $637,311 (up from $620,800)
Prince William: $486,886 (up from $484,235)
Single-Family Averages:
Arlington: $1,513,135 (up from $1,457,223)
Alexandria: $1,334,240 (up from $1,226,669)
Fairfax: $1,168,627 (flat from $1,184,8490)
Fauquier: $766,982 (down from $800,514)
Loudoun: $1,145,485 (up from $1,076,225)
Prince William: $752,222 (up from $731,775)
What That Means:
Townhomes are in high demand as buyers seek value and proximity to desirable locations. Single-family homes remain strong but are price-sensitive.
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Days on Market (DOM) and Speed of Sale - Current vs. (Q2 2024)
DOM Increases 2025 vs. (2024):
Arlington: 22 days (up from 19)
Alexandria: 19 days (up from 13)
Fairfax: 15 days (up from 12)
Fauquier: 25 days (flat from 25)
Loudoun: 16 days (up from 13)
Prince William: 14 days (up from 10)
Homes Selling in Under 10 Days:
Arlington: 47.9%
Alexandria: 52.5%
Fairfax: 58.8%
Fauquier: 49.1%
Loudoun: 55.8%
Prince William: 57.9%
What That Means:
If your home is priced correctly, it still sells quickly. But if you miss the mark? Expect crickets.
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Q3 2025 Market Outlook
Price Movement
Expect mild seasonal softening, especially in Arlington and Fauquier
Prince William, Loudoun, and Alexandria should remain relatively stable
Negotiation Power
Buyers are coming in more prepared and more confident
Expect sellers to offer concessions or price reductions if homes linger
Time on Market
DOM will likely increase across the board by a few days as buyer urgency drops
Hot Price Points
Homes in the $500K–$850K range will remain competitive
Overpricing, even slightly, will extend time on market
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Final Thoughts
If you’re a seller:
You still have the advantage, but only if you price realistically. “Testing the market” with a wishful number will cost you time and money.
If you’re a buyer:
This is your window: more leverage, more choices, and a little more breathing room.
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Want to know how your home fits into today’s market?
Contact me HERE
Now Let’s Go Get It!
