January 2017’s median sales price of $390,000 was up $14,500 or 3.9% compared to last year. This is the highest January median sales price of the last decade, topping the prior high of $385,000 seen in 2015. All property types saw increases in price, with townhomes up 5.0% to $389,000, condos up 4.9% to $300,000, and single-family detached up 3.3% to $465,000. Falls Church City remains the most expensive location in the region, with a […]
CRA affiliate Kelley Coyner authors an Op-Ed on how communities can benefit from autonomous vehicles
Dr. Terry Clower discussed the national and regional economic outlook at the 25th annual Northern Virginia Chamber of Commerce Economic ConferenceSee the presentation
“CRA examined the economic impacts of Virginia’s Housing Industry”
June 2015 – Between 2011 and 2023, the Greater Washington region is projected to add 410,380 new households, including workers and their families, retirees, students and others . This analysis forecasts the Area Median Income group of the households, as well as the type and tenure of the housing units they occupy.