Market Update

Market updates

One letter a month for each market I follow, with the numbers behind it.

Published October 25, 2026 in Market Update · Alexandria City

More listings are giving Alexandria City buyers a bit more room

Inventory across Alexandria City rose 17.7% in the three months ending August 31, 2026, while the number of homes sold fell 11.2%, giving buyers more choice and pushing sellers to price carefully.

By Doug Dane
Median sale price
Up 15.1% from 2025
Median days on market
5 days shorter than 2025
Months of supply
Up 0.2 months from 2025
Read the letter

Published October 25, 2026 in Market Update · Alexandria Fairfax County

More listings are giving Alexandria Fairfax County buyers a bit more room

Inventory is up across Alexandria Fairfax County, but pending sales have slipped, and price cuts are rising nationally. Here is what the numbers say for the three months ending August 31, 2026.

By Doug Dane
Homes sold
Down 2.2% year over year
New listings
Up 2.3% year over year
Pending sales
Down 7.5% year over year
Read the letter

Published October 25, 2026 in Market Update · Clifton-Fairfax Station

Fairfax Station stayed tight even as national listings grew

While the country added homes to the market, Fairfax Station had fewer choices and more buyers, a combination that kept prices moving up through the three months ending August 31, 2026.

By Doug Dane
Homes sold
Up 29.4% from a year earlier
Homes for sale
Down 31.8% from a year earlier
Months of supply
Down 0.6 months from a year earlier
Read the letter

Published October 25, 2026 in Market Update · Arlington

More listings are giving Arlington buyers a bit more room

The three months ending August 31, 2026 brought more homes to market across Arlington, but sellers who price carefully are still the ones closing deals.

By Doug Dane
Homes for sale
Up 21.2% year over year
Homes sold
Down 4.1% year over year
New listings
Up 13.4% year over year
Read the letter

Published October 25, 2026 in Market Update · Fairfax

Fairfax has more listings, but buyers are still moving

Inventory is up across Fairfax, yet homes are still going under contract fast, and most are selling at or above list price.

By Doug Dane
Homes sold
Down 3.8% from a year before
Pending sales
Down 2.7% from a year before
New listings
Up 7.8% from a year before
Read the letter

Published October 25, 2026 in Market Update · Burke

Burke stayed tight even as more homes came to market

More listings arrived in Burke this summer, but supply barely moved, and buyers kept pushing prices above asking.

By Doug Dane
New listings
Up 15.1% from 2025
Homes sold
Up 11% from 2025
Pending sales
Up 12.2% from 2025
Read the letter

Published October 25, 2026 in Market Update · Oakton-Vienna

One part of Oakton-Vienna is moving much faster than the rest

ZIP 22181 had 1.3 months of supply and more than half its homes sold above list price in the three months ending August 31, 2026, while the rest of the market told a quieter story.

By Doug Dane
Months of supply
Down 0.9 months from a year before
Median days on market
10 days shorter than a year before
Homes sold
Up 32.1% from a year before
Read the letter

Published October 25, 2026 in Market Update · Falls Church

Falls Church Has a Split Market This Fall

Two ZIP codes sit at opposite ends of the market right now, and which one you are in changes everything about your next move.

By Doug Dane
Median sale price
Up 21.8% from 2025
Months of supply
Lowest in Falls Church
Median days on market
6 days faster than 2025
Read the letter

Published October 25, 2026 in Market Update · Centreville

One part of Centreville is moving much faster than the other

The three months ending August 31, 2026 show two very different markets inside the same town.

By Doug Dane
Months of supply
Down 0.1 months from a year before
Median sale price
Down 2.2% from a year before
Median days on market
Unchanged from a year before
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Published October 25, 2026 in Market Update · Chantilly

More homes are on the market in Chantilly, but buyers are still moving

Inventory across Chantilly rose 31.5% in the three months ending August 31, 2026, yet pending sales still climbed, and most homes sold at or above list price.

By Doug Dane
Median price, 20151
Up 1.8% from 2025
Median price, 20152
Up 8.5% from 2025
Median days, 20151
10 days longer than 2025
Read the letter

Published October 25, 2026 in Market Update · Springfield

Springfield listings rose, but the market still looks tight

More homes came to market this summer, yet Springfield still has only 172 homes for sale across all four ZIP codes.

By Doug Dane
New listings
Up 4.3% from a year before
Homes for sale
Up 7.5% from a year before
Homes sold
Up 8.1% from a year before
Read the letter

Published October 25, 2026 in Market Update · Annandale

Higher rates did not stop Annandale buyers from writing offers

Even with mortgage rates above 7%, Annandale saw more sales, faster contracts, and prices that kept climbing through the three months ending August 31, 2026.

By Doug Dane
Homes sold
Up 10.3% from a year ago
Median sale price
Up 3.3% from a year ago
Median days on market
One day shorter than a year ago
Read the letter
Your next step

What would your home sell for today?

Text me your address and I will tell you what your home would sell for today, from the same numbers these letters are built on.

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