Franconia, VA
Franconia, VA

For Sale in Franconia, Virginia

7737 ISLAND CREEK CT
$1,100,000 | 4 Beds | 3.5 Baths
7548 BLANFORD CT
$519,900 | 4 Beds | 2.5 Baths
6528 BROOKLEIGH WAY
$519,900 | 3 Beds | 2.5 Baths

Sold Listings

7026 CLIFTON KNOLL CT
$1,100,000 | 5 Beds | 3.5 Baths
5936 EMBRY SPRING LN
$880,000 | 4 Beds | 3.5 Baths
6557 MCKENNA WAY
$697,500 | 3 Beds | 2.5 Baths

Franconia, Virginia Real Estate

Homes for sale in Franconia, Virginia

Real Estate Market Stats

Basic Stats Overview

Data Source: MRIS Listing Data, Last Updated: 1/22/2022
M/M Y/Y
Homes for Sale 5 -40.0% -120.0%
Months Inventory 0.18 -38.9% -127.8%
Contracts Pending 17 -11.8% -29.4%
Solds: 90 Day 75 +6.7% +12.0%
Average List Price/Sold Price 100.62% -0.0% -0.6%
Active/Pending Ratio 0.29 -27.6% -72.4%
Average Price M/M Y/Y
Active $660,960 -15.4% +4.1%
Pending $665,076 +8.7% +12.2%
90 Day Sold $596,735 +0.9% +12.4%
Median Price
Active $519,900 -70.2% -12.3%
Pending $720,000 +18.8% +36.1%
90 Day Sold $592,000 +0.2% +13.0%
Days on Market
Active 206.00 +13.0% +44.0%
Pending 69.74 -1.1% +2.0%
90 Day Sold 21.19 +17.9% +29.2%
M/M Y/Y
Homes for Sale 2 -100.0% -100.0%
Months Inventory 0.23 -104.3% -117.4%
Contracts Pending 2 -100.0% -150.0%
Solds: 90 Day 24 +8.3% +25.0%
Average List Price/Sold Price 101.19% -0.2% -1.2%
Active/Pending Ratio 1.00 0.0% +20.0%
Average Price M/M Y/Y
Active $995,000 -3.2% +6.2%
Pending $974,119 +10.1% +14.0%
90 Day Sold $801,810 +3.1% +12.0%
Median Price
Active $995,000 +3.3% +4.6%
Pending $905,000 +4.1% +10.3%
90 Day Sold $795,000 +7.2% +14.9%
Days on Market
Active 2.50 -2,360.0% -3,280.0%
Pending 139.63 +18.8% +16.5%
90 Day Sold 18.13 +3.0% +50.4%
M/M Y/Y
Homes for Sale 1 0.0% -100.0%
Months Inventory 0.09 0.0% -122.2%
Contracts Pending 10 +20.0% 0.0%
Solds: 90 Day 31 0.0% +22.6%
Average List Price/Sold Price 100.66% +0.2% +0.1%
Active/Pending Ratio 0.10 -30.0% -100.0%
Average Price M/M Y/Y
Active $519,900 +16.3% -16.8%
Pending $619,130 +3.9% +8.1%
90 Day Sold $582,380 -0.7% +4.6%
Median Price
Active $519,900 +16.3% -16.8%
Pending $718,568 +9.6% +24.5%
90 Day Sold $590,000 +1.7% +6.6%
Days on Market
Active 3.00 -600.0% -1,250.0%
Pending 31.50 -72.6% -32.5%
90 Day Sold 21.94 +23.0% +14.2%
M/M Y/Y
Homes for Sale 2 0.0% -150.0%
Months Inventory 0.24 0.0% -145.8%
Contracts Pending 5 -40.0% -40.0%
Solds: 90 Day 20 +15.0% -20.0%
Average List Price/Sold Price 99.08% -0.2% -1.5%
Active/Pending Ratio 0.40 +27.5% -77.5%
Average Price M/M Y/Y
Active $397,450 0.0% -2.1%
Pending $390,649 -4.3% +1.7%
90 Day Sold $372,895 +3.2% +5.6%
Median Price
Active $397,450 0.0% +4.4%
Pending $399,990 +4.4% +3.8%
90 Day Sold $367,500 +0.7% +3.0%
Days on Market
Active 511.00 +3.3% +66.8%
Pending 55.43 -3.0% -19.3%
90 Day Sold 23.70 +23.8% +33.9%

How Much is Available?

Data Source: MRIS Listing Data, Active Inventory
The number of Franconia, VA homes listed for sale. Lower inventory favors sellers in negotiations.

How Many Months of Inventory?

Data Source: MRIS Listing Data, Months Inventory
The number of homes listed for sale in Franconia, VA divided by the number of homes sold in one month. Higher inventory favors buyers.

More Actives or More Pendings?

Data Source: MRIS Listing Data, Active/Pending Ratio
Ratio of homes in Franconia, VA listed for sale versus those under contract. The lower the number, the hotter the market.

Are Sellers Negotiating?

Data Source: MRIS Listing Data, List/Sold Ratio
Shows a comparison between the final sales price of homes sold in Franconia, VA versus their list price.

What is Average?

Data Source: MRIS Listing Data, Average Sale Price (90 Days)
Average list price of homes for sale in Franconia, VA

How Fast Are They Selling?

Data Source: MRIS Listing Data, Days on Market (Sold Listings 90 Days)
Average days from Listing Date to Sold Date for Franconia, VA homes that sold in the past 90 days.

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