Northern Virginia Home Sales Climb in October as the Market Continues to Find Balance

Inventory Growth and Steady Demand Signal a Healthier Housing Environment Despite Federal Government Shutdown

FAIRFAX, Va., Nov. 12, 2025 /PRNewswire/ -- Northern Virginia's housing market demonstrated continued resilience in October, with key indicators reflecting growing balance between supply and demand, according to the Northern Virginia Association of Realtors® (NVAR). Closed sales, prices, and total sold volume all rose compared to the same month last year, while inventory levels expanded significantly — offering buyers more options in a still-competitive environment.

In October 2025, Northern Virginia recorded 1,427 closed sales, a 7.5% increase from October 2024. The total sold dollar volume climbed 16.5% year-over-year to more than $1.3 billion, reflecting both stronger transactional activity and higher price points. The median sold price rose 4.9% to $750,000, underscoring continued buyer demand for well-priced, move-in-ready homes across the region.

"The growth we're seeing in both sales and dollar volume is a sign of steady confidence in Northern Virginia real estate," said NVAR CEO Ryan McLaughlin. "Even as buyers adjust to mortgage rates hovering around six percent, the fundamentals of our market — strong employment, desirable communities, and economic diversity — remain incredibly solid."

At the same time, housing supply is improving. The number of active listings reached 2,562 in October, a 42.2% increase compared to last year. The months of supply of inventory rose to 1.85, up 36.8% year-over-year, suggesting a gradual shift away from the extreme tightness that characterized the market in prior years. Homes spent an average of 27 days on the market, a 42.1% increase from last October, another indicator of returning balance.

"An increase in inventory gives both buyers and sellers a sense of breathing room," said NVAR Board Member Christina Rice, Pearson Smith Realty. "While prices remain high, we're seeing more flexibility and healthier negotiations, which ultimately create a more sustainable housing environment."

The federal government shutdown, that began on October 2, has brought some uncertainty into the regional economy, though its immediate impact on housing has been limited. "While we're monitoring how the shutdown may affect buyer confidence and transaction timelines, Northern Virginia's housing market remains steady," McLaughlin noted. "Northern Virginia's strong base of public- and private-sector employers can help mitigate some of the short-term effects that often accompany a federal shutdown."

As 2025 nears its close, Northern Virginia's housing market continues to show stability amid a changing national landscape. "This year has been about adaptation — buyers and sellers alike are finding their footing in a market that's becoming healthier and more predictable," McLaughlin said. "That's a very positive trend for our region."

BACKGROUND

The Northern Virginia Association of Realtors® reports on home sales activity for Fairfax and Arlington counties, the cities of Alexandria, Fairfax, and Falls Church and the towns of Vienna, Herndon, and Clifton. Below are October 2025 regional home sales compared to October 2024 for Northern Virginia, with data derived from Bright MLS as of November 10, 2025 (total sales and listings may not include garage/parking spaces):

• The number of closed sales in October 2025 was 1,427 units. This was up 7.5% compared to October 2024.
• The volume sold in October 2025 was $1,303,211,578. This was a 16.5% increase compared to October 2024.
• The median sold price was $750,000 in October 2025. This was down 4.9% compared to October 2024.
• The number of new pending sales in October 2025 increased to 1,352 units — a 0.8% increase compared to October 2024.
• The number of active listings in October 2025 was 2,562 units. This number was up 42.2% compared to October 2024.
• Average days on market was 27 days in October 2025. This was up 42.1% compared to October 2024.
• Months of supply of inventory in October 2025 was 1.85. This was up 36.8% compared to October 2024.

Read more about the NVAR regional housing market at nvar.com/Marketstats.

NVAR Charts, Graphs, Social Media for October 2025 NVAR Housing Stats
October Housing Data: Click here.
Regional Jurisdiction Infographic: Click here.
NVAR Region Infographic: Click here.
NVAR 2025 Mid-Year Housing Forecast Update: Click here.
These links are accessible from the Market Stats page here: Click here.

About NVAR
The Northern Virginia Association of Realtors® (NVAR) serves as the voice of real estate in the Greater Northern Virginia Region. NVAR is dedicated to enhancing Realtor® success by delivering exceptional value, driving innovation, and impacting the industry. Headquartered in Fairfax, Virginia, with a new Member Experience Center located in Loudoun County, NVAR supports its 13,000 members with essential resources, including industry education, advocacy, networking, and professional development opportunities. The Association is committed to promoting ethical practices and excellence in real estate. It advocates on behalf of homebuyers, sellers, renters, and commercial tenants who are directly affected by local, state, and federal policy decisions impacting affordability, property rights, and quality of life. NVAR strives to elevate the standards of the real estate industry and to contribute to the overall growth and prosperity of the Washington DC Metropolitan Area and beyond. nvar.com.

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SOURCE Northern Virginia Association of Realtors® (NVAR)