Franconia, VA
Franconia, VA

For Sale in Franconia, Virginia

6397 GAYFIELDS RD
$1,099,000 | 6 Beds | 5.5 Baths
6030 ARMSTRONG CT
$983,730 | 5 Beds | 4.5 Baths
6034 ARMSTRONG CT
$958,695 | 5 Beds | 4.5 Baths
7926 ASHLAND DR
$809,990 | 3 Beds | 4.5 Baths
6103 OLIVET DR
$799,900 | 3 Beds | 2/2 Baths
5 SHERTZER DR
$789,990 | 3 Beds | 3.5 Baths
7766 BELVALE DRIVE
$736,475 | 3 Beds | 2/2 Baths
3 SHERTZER DR
$734,990 | 3 Beds | 3.5 Baths
5412 CASTLE BAR LN
$729,950 | 5 Beds | 3.5 Baths
7782 BELVALE DRIVE
$717,135 | 3 Beds | 2/2 Baths
7834 OLIVET CT
$704,990 | 3 Beds | 2.5 Baths
7832 OLIVET CT
$699,990 | 3 Beds | 3.5 Baths

Sold Listings

7608 THOMAS GRANT DR
$860,000 | 5 Beds | 4.5 Baths
6655 SCOTTSWOOD ST
$605,000 | 3 Beds | 2/2 Baths
5433 BROADMOOR ST
$599,999 | 4 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: 3/21/2019
M/M Y/Y
Homes for Sale 37 +13.5% -40.5%
Months Inventory 0.88 -58.0% -36.4%
Contracts Pending 68 +32.4% -29.4%
Solds: 90 Day 91 -14.3% +9.9%
Average List Price/Sold Price 99.06% +0.4% -0.3%
Active/Pending Ratio 0.54 -29.6% -9.3%
Average Price M/M Y/Y
Active $650,277 +5.0% +16.2%
Pending $523,360 +3.6% +3.6%
90 Day Sold $464,227 +3.1% -3.8%
Median Price
Active $669,000 +1.4% +22.3%
Pending $525,000 +3.8% +5.3%
90 Day Sold $465,000 +4.0% -3.2%
Days on Market
Active 57.70 -22.6% +21.0%
Pending 26.24 +5.6% +30.8%
90 Day Sold 41.68 -13.5% +26.5%
M/M Y/Y
Homes for Sale 12 +16.7% +16.7%
Months Inventory 1.55 -45.8% +17.4%
Contracts Pending 14 +50.0% -21.4%
Solds: 90 Day 15 -20.0% -20.0%
Average List Price/Sold Price 99.76% +0.8% +0.4%
Active/Pending Ratio 0.86 -66.3% +31.4%
Average Price M/M Y/Y
Active $785,420 +10.5% +14.2%
Pending $653,726 -3.1% +3.5%
90 Day Sold $646,565 +4.4% -0.2%
Median Price
Active $747,490 +5.0% +10.0%
Pending $649,900 -4.6% +12.3%
90 Day Sold $625,000 +1.6% +2.4%
Days on Market
Active 58.08 -15.0% -68.9%
Pending 25.18 -12.8% +60.3%
90 Day Sold 49.13 -31.1% +17.0%
M/M Y/Y
Homes for Sale 22 +22.7% -50.0%
Months Inventory 0.78 -47.4% -48.7%
Contracts Pending 38 +23.7% -65.8%
Solds: 90 Day 55 -14.5% +3.6%
Average List Price/Sold Price 99.89% +0.4% +0.6%
Active/Pending Ratio 0.58 -1.7% +10.3%
Average Price M/M Y/Y
Active $616,674 -1.4% +8.9%
Pending $543,317 +4.3% +8.5%
90 Day Sold $478,323 +4.6% +2.2%
Median Price
Active $627,500 -6.8% +16.3%
Pending $533,725 +4.0% +7.3%
90 Day Sold $480,000 +4.2% +1.0%
Days on Market
Active 63.50 -7.4% +54.1%
Pending 22.21 -19.2% +10.0%
90 Day Sold 40.91 -5.2% +43.0%
M/M Y/Y
Homes for Sale 3 -66.7% -200.0%
Months Inventory 0.47 -172.3% -161.7%
Contracts Pending 16 +37.5% +50.0%
Solds: 90 Day 21 -9.5% +47.6%
Average List Price/Sold Price 94.70% -0.2% -4.6%
Active/Pending Ratio 0.19 -163.2% -494.7%
Average Price M/M Y/Y
Active $356,132 -18.7% +5.1%
Pending $347,016 +9.8% +15.3%
90 Day Sold $297,067 -1.1% +6.8%
Median Price
Active $319,950 -37.5% +1.5%
Pending $322,450 +3.1% +4.6%
90 Day Sold $310,500 0.0% +10.6%
Days on Market
Active 13.67 -539.4% -247.9%
Pending 38.00 +57.7% +44.4%
90 Day Sold 38.38 -18.9% -28.8%

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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