Northern Virginia Market Trends in September 2025
In a remarkable display of resilience, the housing market in Northern Virginia has outpaced national trends in September 2025. According to the Northern Virginia Association of Realtors® (NVAR), the region saw substantial increases in both home sales and inventory, signaling a robust real estate landscape.
Sales Growth
The number of homes sold in Northern Virginia shot up to 1,351 in September, marking a remarkable 9.5% increase compared to the same month last year. In contrast, the national housing market recorded a modest 4.1% rise in home sales, reaching an annual rate of 4.06 million units. These figures highlight Northern Virginia's quicker rebound and stronger sales performance amidst a recovering market.
Inventory Expansion
Notably, the region's active listings surged by 40.5%, a considerable increase over the 14.0% rise observed nationwide. This growth in inventory is crucial as it provides more options for potential buyers, contributing to a more balanced market. The supply of homes has now reached 1.93 months, up 34.7% from last year, indicating increased availability compared to the national average, which sits at 4.6 months.
Real Estate Dynamics
Despite the increase in inventory, home prices in Northern Virginia saw a slight dip, lowering to a median of $715,000, down 1.4% compared to last year. This trend contrasts with the national median price, which experienced a 2.1% increase, reaching $415,200. According to NVAR CEO Ryan McLaughlin, this correction reflects a stabilization in the market rather than a downturn, especially in higher-priced areas where affordability had been a critical issue.
Buyer and Seller Confidence
As highlighted by NVAR President-Elect Rob Carney from TTR Sotheby's International Realty, both buyers and sellers are approaching the market with renewed confidence. Homeowners are more inclined to list their properties thanks to a wider range of options available for their next move. Simultaneously, buyers now encounter a market that is evolving into a more negotiable environment, enabling them to make informed decisions without the previous pressure of tight supplies.
Market Conditions and Future Outlook
The Northern Virginia housing market's upward trajectory is supported by sustainable factors, including job growth and a diverse economy near the nation's capital. This regional strength is complemented by a commitment to maintaining high-quality schools and informed consumers, factors that collectively bolster the local real estate environment.
While national housing trends remain influenced by high mortgage rates and economic uncertainties, the distinct conditions of Northern Virginia position it favorably for continued growth. McLaughlin emphasizes the importance of these fundamental strengths, stating, "Northern Virginia continues to outperform expectations—even amid national adjustments, our robust market fundamentals set us apart."
However, the potential influence of the federal government shutdown, which began on October 1, is still under consideration. Market data in the coming months will shed light on how this situation may affect buyer and seller activity in the region.
Summary of Key Metrics for September 2025
- - Closed Sales: 1,351 units (up 9.5% year-over-year)
- - Sales Volume: $1,210,804 (up 14.6% from last year)
- - Median Sold Price: $715,000 (down 1.4% from last year)
- - Pending Sales: 1,436 units (up 3.8% from last year)
- - Active Listings: 2,660 units (up 40.5% year-over-year)
- - Average Days on Market: 28 days (up 40.0% from last year)
- - Months of Supply: 1.93 (up 34.7% from last year)
In conclusion, the Northern Virginia housing market is showing incredible strength despite the national trends, characterized by significant sales increases, expanded inventory, and a balanced environment that supports both buyers and sellers alike.