City Of Falls Church Housing Update – October 2012

As mentioned in the video above, the City of Falls Church housing market is not a large one, so the data can be susceptible to singular instances having a significant impact on the charts. That fact aside, the aspect of the data I am most pleased to see is the leveling off of some of the data points over the last six months after several years of erratic movement up and down. This is not a unique occurrence throughout the DC Metro area either as several locations have experienced the same calming of the waters.

Is this just the calm before another storm? Only time will tell but, unseen outside factors not withstanding, I don’t believe so.

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